Terms
- Closing date
- December 6, 2022
- Fiscal year issued
- 2023
- Par amount
- $8,865,000
- New money / refunding
- $8,865,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- May 15, 2053
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $8,865,000 | $7,871,300 | $16,736,300 |
| 2024 | $8,865,000 | $8,303,150 | $17,168,150 |
| 2023 | $8,865,000 | $8,735,000 | $17,600,000 |
Costs of issuance
Download CSVOne-time costs reported: $216,879, or $24.46 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $8,865.00 | $1.00 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $15,000.00 | $1.69 |
| Financial advisor | Government Capital Corp | One time | $95,500.00 | $10.77 |
| Underwriter's spread: management fee | Not reported | One time | $8,865.00 | $1.00 |
| Other costs | Not reported | One time | $2,000.00 | $0.23 |
| Other costs | Not reported | One time | $10,446.25 | $1.18 |
| Paying agent and registrar | BOKF NA | One time | $500.00 | $0.06 |
| Rating agency | S&P | One time | $17,250.00 | $1.95 |
| Underwriter's spread: expenses | Not reported | One time | $5,628.11 | $0.63 |
| Underwriter's spread: takedown | Not reported | One time | $44,325.00 | $5.00 |
| Underwriter's counsel | Naman Howell Smith & Lee PLLC | One time | $8,500.00 | $0.96 |
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.