Spec Assessment Rev Bonds Ser 2024 (Foree Ranch PID Impr Area 1 Proj)
$7,027,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 29, 2024
- Fiscal year issued
- 2024
- Par amount
- $7,027,000
- New money / refunding
- $7,027,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 1, 2055
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $7,027,000 | $6,862,193 | $13,889,193 |
| 2024 | $7,027,000 | $7,042,009 | $14,069,009 |
Costs of issuance
Download CSVOne-time costs reported: $628,248, or $89.40 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $7,027.00 | $1.00 |
| Bond counsel | Winstead PC | One time | $141,540.00 | $20.14 |
| City attorney | Messer Fort & McDonald PLLC | One time | $35,000.00 | $4.98 |
| Contingency | Not reported | One time | $6,080.69 | $0.87 |
| Financial advisor | Hilltop Securities Inc | One time | $165,790.00 | $23.59 |
| PID administrator | MuniCap Inc | One time | $49,000.00 | $6.97 |
| Printing | ImageMaster LLC | One time | $3,500.00 | $0.50 |
| Underwriter's spread: expenses | Not reported | One time | $2,600.00 | $0.37 |
| Underwriter's spread: takedown | Not reported | One time | $137,940.00 | $19.63 |
| Trustee | US Bank | One time | $4,500.00 | $0.64 |
| Trustee counsel | Bracewell LLP | One time | $5,000.00 | $0.71 |
| Underwriter's counsel (paid by the underwriter) | Norton Rose Fulbright US LLP | One time | $70,270.00 | $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.