Contract Rev Bonds Ser 2017 (City of Sherman Proj)
$4,860,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- January 25, 2017
- Fiscal year issued
- 2017
- Par amount
- $7,155,000
- New money / refunding
- $7,155,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Private placement
- Final maturity
- April 1, 2038
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $4,860,000 | $606,326 | $5,466,326 |
| 2024 | $5,195,000 | $691,197 | $5,886,197 |
| 2023 | $5,525,000 | $779,511 | $6,304,511 |
| 2022 | $5,855,000 | $870,729 | $6,725,729 |
| 2021 | $6,180,000 | $964,291 | $7,144,291 |
| 2020 | $6,505,000 | $1,059,591 | $7,564,591 |
| 2019 | $6,830,000 | $1,155,964 | $7,985,964 |
| 2018 | $7,155,000 | $1,252,710 | $8,407,710 |
| 2017 | $7,155,000 | $1,349,457 | $8,504,457 |
Costs of issuance
Download CSVOne-time costs reported: $259,082, or $36.21 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $7,155.00 | $1.00 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $56,187.50 | $7.85 |
| Contingency | Not reported | One time | $226.00 | $0.03 |
| CUSIP | S&P | One time | $626.00 | $0.09 |
| Escrow agent | Bank of Texas NA | One time | $850.00 | $0.12 |
| Financial advisor | Specialized Public Finance Inc | One time | $36,292.50 | $5.07 |
| Paying agent and registrar | Bank of Texas NA | One time | $300.00 | $0.04 |
| Paying agent and registrar | Bank of Texas NA | Annual | $600.00 | $0.08 |
| Private placement | Texas Water Development Board | One time | $157,445.00 | $22.00 |
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.