Terms
- Closing date
- March 28, 2025
- Fiscal year issued
- 2025
- Par amount
- $2,530,000
- New money / refunding
- $2,530,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- August 15, 2050
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $2,530,000 | $1,685,606 | $4,215,606 |
Costs of issuance
Download CSVOne-time costs reported: $115,709, or $45.73 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $2,530.00 | $1.00 |
| Bond counsel | Jackson Walker LLP | One time | $15,000.00 | $5.93 |
| Bond insurance | Build America Mutual (BAM) Assurance Co | One time | $13,000.00 | $5.14 |
| Financial advisor | Government Capital Corp | One time | $36,250.00 | $14.33 |
| Underwriter's spread: management fee | Not reported | One time | $2,530.00 | $1.00 |
| Other costs | Not reported | One time | $5,500.00 | $2.17 |
| Paying agent and registrar | UMB Bank NA | One time | $500.00 | $0.20 |
| Rating agency | S&P | One time | $15,250.00 | $6.03 |
| Underwriter's spread: expenses | Not reported | One time | $4,999.41 | $1.98 |
| Underwriter's spread: takedown | Not reported | One time | $12,650.00 | $5.00 |
| Underwriter's counsel (paid by the underwriter) | Naman Howell Smith & Lee PLLC | One time | $7,500.00 | $2.96 |
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 4, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.