Contract Rev Bonds Ser 2024A (City of Sherman Proj)
$91,880,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- October 1, 2024
- Fiscal year issued
- 2025
- Par amount
- $91,880,000
- New money / refunding
- $91,880,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- April 1, 2055
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $91,880,000 | $82,033,081 | $173,913,081 |
Costs of issuance
Download CSVOne-time costs reported: $1,020,536, or $11.11 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.10 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $88,378.00 | $0.96 |
| Bond insurance | Build America Mutual (BAM) Assurance Co | One time | $126,785.98 | $1.38 |
| Computer structuring fee | Specialized Public Finance Inc | One time | $15,000.00 | $0.16 |
| Contingency | Not reported | One time | $1,000.00 | $0.01 |
| Financial advisor | Specialized Public Finance Inc | One time | $300.00 | $0.00 |
| Financial advisor | Specialized Public Finance Inc | One time | $157,600.00 | $1.72 |
| Underwriter's spread: management fee | Not reported | One time | $45,940.00 | $0.50 |
| Paying agent and registrar | BOKF NA | One time | $600.00 | $0.01 |
| Paying agent and registrar | BOKF NA | Annual | $600.00 | $0.01 |
| Pos os posting | Island Printing | One time | $650.00 | $0.01 |
| Printing | Ipreo LLC | One time | $1,200.00 | $0.01 |
| Printing | Specialized Public Finance Inc | One time | $5,000.00 | $0.05 |
| Rating agency | S&P | One time | $53,325.00 | $0.58 |
| Underwriter's spread: expenses | Not reported | One time | $24,349.00 | $0.27 |
| Underwriter's spread: takedown | Not reported | One time | $454,156.25 | $4.94 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $36,752.00 | $0.40 |
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.