Sub Lien Rev Bonds Ser 2021B (Convertible CAB)
$5,683,061 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- December 16, 2021
- Fiscal year issued
- 2022
- Par amount
- $5,683,061
- New money / refunding
- $5,683,061 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- August 15, 2051
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $5,683,061 | $8,777,127 | $14,460,188 |
| 2024 | $5,683,061 | $8,777,127 | $14,460,188 |
| 2023 | $5,683,061 | $8,777,127 | $14,460,188 |
| 2022 | $5,683,061 | $8,777,127 | $14,460,188 |
Costs of issuance
Download CSVOne-time costs reported: $118,912, or $20.92 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $5,684.00 | $1.00 |
| Bank counsel | Winstead PC | One time | $5,893.32 | $1.04 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $19,542.25 | $3.44 |
| Contingency | Not reported | One time | $11,395.69 | $2.01 |
| Disclosure counsel | Kassahn & Ortiz PC | One time | $11,786.64 | $2.07 |
| Financial advisor | Hilltop Securities Inc | One time | $28,415.30 | $5.00 |
| Underwriter's spread: takedown | Not reported | One time | $28,415.30 | $5.00 |
| Trustee | UMB Bank NA | One time | $1,885.86 | $0.33 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $5,893.32 | $1.04 |
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.