Spec Assessment Rev Bonds Ser 2023 (Danieldale Homestead PID Impr Area 1 Proj)
$6,151,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- February 14, 2023
- Fiscal year issued
- 2023
- Par amount
- $6,548,000
- New money / refunding
- $6,548,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- March 15, 2051
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $6,151,000 | $5,238,910 | $11,389,910 |
| 2024 | $6,262,000 | $5,564,708 | $11,826,708 |
| 2023 | $6,548,000 | $5,929,672 | $12,477,672 |
Costs of issuance
Download CSVOne-time costs reported: $638,585, or $97.52 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $6,548.00 | $1.00 |
| Bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $1,500.00 | $0.23 |
| Co bond counsel | Orrick Herrington & Sutcliffe LLP | One time | $121,240.00 | $18.52 |
| Co bond counsel | West & Associates LLP | One time | $75,000.00 | $11.45 |
| Contingency | Not reported | One time | $11,256.63 | $1.72 |
| Financial advisor | Hilltop Securities Inc | One time | $156,210.00 | $23.86 |
| Issuer fee | City of DeSoto | One time | $25,000.00 | $3.82 |
| Issuer counsel | Nichols Jackson Dillard Hager & Smith LLP | One time | $1,200.00 | $0.18 |
| Underwriter's spread: management fee | Not reported | One time | $55,343.86 | $8.45 |
| Other costs | P3Works LLC | One time | $41,342.47 | $6.31 |
| Other costs | US Bank | One time | $500.00 | $0.08 |
| Other costs | Wildwood Development Company Ltd | One time | $12,500.00 | $1.91 |
| Printing | ImageMaster LLC | One time | $3,766.11 | $0.58 |
| Underwriter's spread: expenses | Not reported | One time | $3,588.14 | $0.55 |
| Underwriter's spread: takedown | Not reported | One time | $49,110.00 | $7.50 |
| Trustee | US Bank | One time | $4,000.00 | $0.61 |
| Trustee | US Bank | Annual | $2,500.00 | $0.38 |
| Trustee counsel | McCall Parkhurst & Horton LLP | One time | $5,000.00 | $0.76 |
| Underwriter's counsel (paid by the underwriter) | Bracewell LLP | One time | $65,480.00 | $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.