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Gulf Coast WA

Contract Rev Bonds Ser 2021 (City of League City Proj Southeast Transm Line)

$5,155,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
December 21, 2021
Fiscal year issued
2022
Par amount
$5,985,000
New money / refunding
$5,985,000 / $0
Pledge
Revenue
Purpose
Water and sewer
Sale
Negotiated
Final maturity
August 15, 2041

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$5,155,000$1,504,200$6,659,200
2024$5,390,000$1,687,350$7,077,350
2023$5,615,000$1,879,500$7,494,500
2022$5,830,000$2,080,250$7,910,250

Costs of issuance

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One-time costs reported: $221,470, or $37.00 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$5,985.00$1.00
Bond counselBracewell LLPOne time$70,000.00$11.70
ContingencyNot reportedOne time$1,189.94$0.20
Financial advisorPost Oak Municipal Advisors LLCOne time$52,910.00$8.84
Underwriter's spread: management feeNot reportedOne time$5,895.00$0.99
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.13
PrintingPost Oak Municipal Advisors LLCOne time$1,250.00$0.21
Rating agencyMoodysOne time$18,500.00$3.09
Rating agencyS&POne time$20,250.00$3.38
Underwriter's spread: expensesNot reportedOne time$4,065.41$0.68
Underwriter's spread: takedownNot reportedOne time$27,925.00$4.67
Underwriter's counsel (paid by the underwriter)Orrick Herrington & Sutcliffe LLPOne time$13,500.00$2.26

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.