Rev Ref Bonds Txbl Ser 2019 (City of Midland Proj)
Last reported in fiscal year 2022, with $96,565,000 of principal then outstanding.
Terms
- Closing date
- December 11, 2019
- Fiscal year issued
- 2020
- Par amount
- $98,120,000
- New money / refunding
- $0 / $98,120,000
- Pledge
- Revenue
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- March 15, 2041
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2022 | $96,565,000 | $36,300,473 | $132,865,473 |
| 2021 | $97,470,000 | $39,121,267 | $136,591,267 |
| 2020 | $98,120,000 | $41,956,288 | $140,076,288 |
Costs of issuance
Download CSVOne-time costs reported: $1,224,036, or $12.47 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 | Orrick Herrington & Sutcliffe LLP | One time | $213,000.00 | $2.17 |
| Escrow agent | Wells Fargo Bank | One time | $2,000.00 | $0.02 |
| Escrow verification | Robert Thomas CPA LLC | One time | $1,000.00 | $0.01 |
| Financial advisor | Estrada Hinojosa & Co Inc | One time | $213,237.50 | $2.17 |
| Underwriter's spread: management fee | Not reported | One time | $24,530.00 | $0.25 |
| Other costs | Not reported | One time | $4,762.50 | $0.05 |
| Other costs | Hilltop Securities Inc | One time | $85,000.00 | $0.87 |
| Rating agency | Moodys | One time | $56,000.00 | $0.57 |
| Rating agency | S&P | One time | $53,000.00 | $0.54 |
| Underwriter's spread: expenses | Not reported | One time | $12,134.78 | $0.12 |
| Structuring | Not reported | One time | $24,530.00 | $0.25 |
| Underwriter's spread: takedown | Not reported | One time | $473,781.25 | $4.83 |
| Trustee | Wells Fargo Bank | One time | $2,500.00 | $0.03 |
| Underwriter's counsel (paid by the underwriter) | Norton Rose Fulbright US LLP | One time | $49,060.00 | $0.50 |
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 4, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.
