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Corpus Christi

Util Sys VR Jr Lien Rev Impr Bonds Ser 2015B

Last reported in fiscal year 2016, with $49,585,000 of principal then outstanding.

Terms

Closing date
April 23, 2015
Fiscal year issued
2015
Par amount
$49,585,000
New money / refunding
$49,585,000 / $0
Pledge
Revenue
Purpose
Combined utility system
Sale
Negotiated
Final maturity
July 15, 2045

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2016$49,585,000$91,574,500$141,159,500

Costs of issuance

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One-time costs reported: $474,555, or $9.57 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Attorney General reviewNot reportedOne time$9,500.00$0.19
Bond counselNorton Rose Fulbright US LLPOne time$90,386.87$1.82
Bond insuranceNoneOne time$0.00$0.00
Financial advisorME Allison & Co IncOne time$89,121.56$1.80
Paying agent and registrarBank of New York Mellon Trust CoOne time$750.00$0.02
PrintingClements Printing Co LLCOne time$2,000.00$0.04
Rating agencyFitchOne time$42,772.78$0.86
Rating agencyMoodysOne time$46,582.07$0.94
Rating agencyS&POne time$34,807.87$0.70
Underwriter's spread: expensesNot reportedOne time$9,878.75$0.20
Underwriter's spread: takedownNot reportedOne time$136,358.75$2.75
Underwriter's counsel (paid by the underwriter)Bracewell LLPOne time$12,396.25$0.25

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.