Terms
- Closing date
- December 17, 2019
- Fiscal year issued
- 2020
- Par amount
- $19,915,000
- New money / refunding
- $19,915,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- May 15, 2040
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $16,600,000 | $5,871,075 | $22,471,075 |
| 2024 | $17,335,000 | $6,636,200 | $23,971,200 |
| 2023 | $18,030,000 | $7,437,075 | $25,467,075 |
| 2022 | $18,690,000 | $8,271,825 | $26,961,825 |
| 2021 | $19,320,000 | $9,138,825 | $28,458,825 |
| 2020 | $19,915,000 | $10,036,450 | $29,951,450 |
Costs of issuance
Download CSVOne-time costs reported: $231,441, or $11.62 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.48 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $24,043.50 | $1.21 |
| Co underwriter counsel | Winstead PC | One time | $9,957.50 | $0.50 |
| Financial advisor | BOKF NA | One time | $45,179.69 | $2.27 |
| Underwriter's spread: management fee | Not reported | One time | $4,123.53 | $0.21 |
| Other costs | Not reported | One time | $4,714.96 | $0.24 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | Annual | $750.00 | $0.04 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $750.00 | $0.04 |
| Printing | ImageMaster LLC | One time | $2,250.00 | $0.11 |
| Rating agency | Moodys | One time | $15,000.00 | $0.75 |
| Rating agency | S&P | One time | $13,500.00 | $0.68 |
| Underwriter's spread: expenses | Not reported | One time | $11,052.97 | $0.56 |
| Underwriter's spread: takedown | Not reported | One time | $91,368.75 | $4.59 |
| Underwriter's counsel | Ward Law Firm | One time | Not reported |
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.
