Terms
- Closing date
- March 8, 2016
- Fiscal year issued
- 2016
- Par amount
- $2,500,000
- New money / refunding
- $2,500,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Private placement
- Final maturity
- March 1, 2032
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $1,265,000 | $96,436 | $1,361,436 |
| 2024 | $1,430,000 | $125,138 | $1,555,138 |
| 2023 | $1,590,000 | $157,301 | $1,747,301 |
| 2022 | $1,750,000 | $192,872 | $1,942,872 |
| 2021 | $1,905,000 | $231,797 | $2,136,797 |
| 2020 | $2,060,000 | $274,025 | $2,334,025 |
| 2019 | $2,210,000 | $319,500 | $2,529,500 |
| 2018 | $2,355,000 | $368,117 | $2,723,117 |
| 2017 | $2,500,000 | $419,823 | $2,919,823 |
| 2016 | $2,500,000 | $472,038 | $2,972,038 |
Costs of issuance
Download CSVOne-time costs reported: $33,650, or $13.46 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $2,500.00 | $1.00 |
| Bank counsel | Naman Howell Smith & Lee PLLC | One time | $3,000.00 | $1.20 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $15,000.00 | $6.00 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Contingency | Not reported | One time | $1,000.00 | $0.40 |
| Financial advisor | BOKF NA | One time | $11,250.00 | $4.50 |
| MAC | Not reported | One time | $650.00 | $0.26 |
| Paying agent and registrar | First National Bank | Annual | Not reported | |
| Trustee | First National Bank | One time | $250.00 | $0.10 |
Source: Local Issuance Fee By Year (updated by the publisher Sep 9, 2026); Debt Outstanding By Issuance Local By Year (updated by the publisher Sep 9, 2026). Loaded here Oct 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.