Spec Assessment Rev Bonds Ser 2025 (Raburn Reserve PID Impr Area 3)
$2,308,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- March 5, 2025
- Fiscal year issued
- 2025
- Par amount
- $2,308,000
- New money / refunding
- $2,308,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 15, 2054
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $2,308,000 | $2,187,418 | $4,495,418 |
Costs of issuance
Download CSVOne-time costs reported: $220,200, or $95.41 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $2,308.00 | $1.00 |
| Bond counsel | Bracewell LLP | One time | $70,440.00 | $30.52 |
| Contingency | Not reported | One time | $6,364.98 | $2.76 |
| Financial advisor | Hilltop Securities Inc | One time | $46,160.00 | $20.00 |
| Issuer counsel | Olson & Olson LLP | One time | $3,000.00 | $1.30 |
| Other costs | Not reported | One time | $5,000.00 | $2.17 |
| PID administrator | P3Works LLC | One time | $7,236.68 | $3.14 |
| Printing | ImageMaster LLC | One time | $1,950.00 | $0.84 |
| Prior paying agent | Bank of New York Mellon Trust Co | Annual | $1,000.00 | $0.43 |
| Underwriter's spread: expenses (paid by the underwriter) | FMSbonds Inc | One time | $2,000.00 | $0.87 |
| Underwriter's spread: takedown (paid by the underwriter) | FMSbonds Inc | One time | $44,160.00 | $19.13 |
| Trustee | Bank of New York Mellon Trust Co | One time | $1,000.00 | $0.43 |
| Trustee | Bank of New York Mellon Trust Co | Annual | $3,000.00 | $1.30 |
| Trustee counsel | Thalheimer Cipione Whelan & Morgan PLLC | One time | $7,500.00 | $3.25 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $23,080.00 | $10.00 |
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.
