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Port Freeport

GO Bonds Ser 2019

$29,210,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
July 10, 2019
Fiscal year issued
2019
Par amount
$31,795,000
New money / refunding
$31,795,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Negotiated
Final maturity
August 1, 2049

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$29,210,000$16,672,013$45,882,013
2024$29,920,000$17,874,025$47,794,025
2023$30,045,000$19,082,288$49,127,288
2022$30,715,000$20,324,050$51,039,050
2021$31,355,000$21,597,813$52,952,813
2020$31,665,000$22,887,075$54,552,075
2019$31,795,000$24,258,424$56,053,424

Costs of issuance

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One-time costs reported: $345,011, or $10.85 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$9,500.00$0.30
Bond counselBracewell LLPOne time$84,000.00$2.64
Financial advisorMasterson Advisors LLCOne time$50,000.00$1.57
Other costsNot reportedOne time$4,000.00$0.13
Paying agent and registrarBOKF NAAnnual$350.00$0.01
PrintingMasterson Advisors LLCOne time$3,000.00$0.09
Rating agencyMoodysOne time$29,000.00$0.91
Underwriter's spread: expensesNot reportedOne time$9,948.26$0.31
Underwriter's spread: takedownNot reportedOne time$142,845.00$4.49
Underwriter's counsel (paid by the underwriter)Haynes & Boone LLPOne time$12,718.00$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.