Contract Rev & Ref Bonds Ser 2019 (City of Sherman Proj)
$7,230,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- July 9, 2019
- Fiscal year issued
- 2019
- Par amount
- $11,245,000
- New money / refunding
- $4,780,000 / $6,465,000
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Negotiated
- Final maturity
- April 1, 2040
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $7,230,000 | $1,762,400 | $8,992,400 |
| 2024 | $8,105,000 | $2,120,675 | $10,225,675 |
| 2023 | $8,940,000 | $2,513,350 | $11,453,350 |
| 2022 | $9,755,000 | $2,930,775 | $12,685,775 |
| 2021 | $10,545,000 | $3,372,275 | $13,917,275 |
| 2020 | $11,145,000 | $3,834,625 | $14,979,625 |
| 2019 | $11,245,000 | $4,178,119 | $15,423,119 |
Costs of issuance
Download CSVOne-time costs reported: $278,336, or $24.75 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 | $0.84 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $80,175.00 | $7.13 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $750.00 | $0.07 |
| Bond insurance (paid by the underwriter) | Build America Mutual (BAM) Assurance Co | One time | $27,453.15 | $2.44 |
| Contingency | Not reported | One time | $750.00 | $0.07 |
| Escrow agent | BOKF NA | One time | $500.00 | $0.04 |
| Financial advisor | Specialized Public Finance Inc | One time | $64,395.53 | $5.73 |
| Underwriter's spread: management fee | Not reported | One time | $11,245.00 | $1.00 |
| Other costs | BOKF NA | One time | $1,200.00 | $0.11 |
| Paying agent and registrar | BOKF NA | Annual | $600.00 | $0.05 |
| Paying agent and registrar | BOKF NA | One time | $600.00 | $0.05 |
| Printing | Financial Printing Resources Inc | One time | $620.00 | $0.06 |
| Printing | Ipreo LLC | One time | $1,200.00 | $0.11 |
| Rating agency | S&P | One time | $20,900.00 | $1.86 |
| Underwriter's spread: expenses | Not reported | One time | $4,319.79 | $0.38 |
| Underwriter's spread: takedown | Not reported | One time | $46,293.75 | $4.12 |
| Underwriter's counsel (paid by the underwriter) | Orrick Herrington & Sutcliffe LLP | One time | $8,433.75 | $0.75 |
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.