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Rankin Road West MUD

Unl Tax Bonds Ser 2022

$3,895,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
March 17, 2022
Fiscal year issued
2022
Par amount
$3,895,000
New money / refunding
$3,895,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Competitive
Final maturity
March 1, 2041

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$3,895,000$1,322,625$5,217,625
2024$3,895,000$1,439,475$5,334,475
2023$3,895,000$1,556,325$5,451,325
2022$3,895,000$1,667,982$5,562,982

Costs of issuance

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One-time costs reported: $393,171, or $100.94 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$3,895.00$1.00
Bond application reportJones & Carter IncOne time$65,000.00$16.69
Bond counselSmith Murdaugh Little & Bonham LLPOne time$97,375.00$25.00
Bond insurance (paid by the underwriter)Build America Mutual (BAM) Assurance CoOne time$36,000.00$9.24
Disclosure counselMcCall Parkhurst & Horton LLPOne time$8,500.00$2.18
Financial advisorRathmann & Associates LPOne time$77,900.00$20.00
Underwriter's spread: management feeNot reportedOne time$7,790.00$2.00
Other costsAerial ImagingOne time$600.00$0.15
Other costsHouston ChronicleOne time$1,749.00$0.45
Other costsMUD Photo ServiceOne time$675.00$0.17
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.19
PrintingDonnelley Financial Solutions IncOne time$1,700.00$0.44
PrintingIpreo LLCOne time$1,500.00$0.39
Rating agencyMoodysOne time$14,000.00$3.59
Underwriter's spread: expensesNot reportedOne time$4,674.00$1.20
Underwriter's spread: takedownNot reportedOne time$62,075.00$15.94
TCEQTexas Commission on Environmental Quality (TCEQ)One time$9,738.00$2.50

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.