Somerset Hills Road District 3
Unl Tax Road Bonds Txbl Ser 2024
$1,280,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- September 19, 2024
- Fiscal year issued
- 2025
- Par amount
- $1,315,000
- New money / refunding
- $1,315,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Transportation
- Sale
- Negotiated
- Final maturity
- August 15, 2049
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $1,280,000 | $1,036,500 | $2,316,500 |
Costs of issuance
Download CSVOne-time costs reported: $97,190, or $73.91 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $1,315.00 | $1.00 |
| Bond counsel | McCall Parkhurst & Horton LLP | One time | $25,000.00 | $19.01 |
| Bond counsel expense | McCall Parkhurst & Horton LLP | One time | $1,250.00 | $0.95 |
| Bond insurance | Build America Mutual (BAM) Assurance Co | One time | $21,740.93 | $16.53 |
| Bond preparation fee | McCall Parkhurst & Horton LLP | One time | $250.00 | $0.19 |
| Financial advisor | Specialized Public Finance Inc | One time | $25,000.00 | $19.01 |
| IRS form8038filing fee | McCall Parkhurst & Horton LLP | One time | $750.00 | $0.57 |
| Underwriter's spread: management fee (paid by the underwriter) | SAMCO Capital Markets Inc | One time | $1,643.75 | $1.25 |
| Other costs | Specialized Public Finance Inc | One time | $250.00 | $0.19 |
| OS preparation | Specialized Public Finance Inc | One time | $2,500.00 | $1.90 |
| Paying agent and registrar | BOKF NA | Annual | $400.00 | $0.30 |
| Pos os posting | Ipreo LLC | One time | $1,200.00 | $0.91 |
| Underwriter's spread: expenses (paid by the underwriter) | SAMCO Capital Markets Inc | One time | $3,715.61 | $2.83 |
| Underwriter's spread: takedown (paid by the underwriter) | SAMCO Capital Markets Inc | One time | $6,575.00 | $5.00 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $6,000.00 | $4.56 |
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.
