Spec Assessment Rev Bonds Ser 2015 (The Lakes at Mustang Ranch PID Phase 1 Proj)

Last reported in fiscal year 2020, with $8,425,000 of principal then outstanding.

Terms

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Principal	Interest	Total debt service
2020	$8,425,000	$6,107,578	$14,532,578
2019	$8,625,000	$6,589,984	$15,214,984
2018	$8,825,000	$7,083,141	$15,908,141
2017	$9,000,000	$7,586,375	$16,586,375
2016	$9,000,000	$8,094,313	$17,094,313

One-time costs reported: $524,041, or $58.23 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
Cost	Paid to	Type	Amount	Per $1,000
Attorney General review	Not reported	One time	$9,000.00	$1.00
Bond counsel	Norton Rose Fulbright US LLP	One time	$75,000.00	$8.33
Bond insurance	None	One time	$0.00	$0.00
Disclosure counsel	Shupe Ventura PLLC	One time	$10,000.00	$1.11
Financial advisor	First Southwest Co LLC	One time	$81,000.00	$9.00
Issuer fee	Not reported	One time	$10,000.00	$1.11
Other costs	Not reported	One time	$5,000.00	$0.56
Other costs	Not reported	One time	$20,000.00	$2.22
Other costs	Not reported	One time	$7,000.00	$0.78
Other costs	Cambridge Co Inc	One time	$58,041.00	$6.45
Paying agent and registrar	US Bank	One time	$0.00	$0.00
Printing	Royce Printing	One time	$5,500.00	$0.61
Underwriter's spread: expenses	Not reported	One time	$4,703.69	$0.52
Underwriter's spread: takedown	Not reported	One time	$175,296.31	$19.48
Trustee	US Bank	One time	$3,500.00	$0.39
Trustee counsel	McCall Parkhurst & Horton LLP	One time	$5,000.00	$0.56
Underwriter's counsel (paid by the underwriter)	Andrews & Kurth LLP	One time	$55,000.00	$6.11

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.