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Spencer Road PUD

Unl Tax Bonds Ser 2022

$9,845,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
March 22, 2022
Fiscal year issued
2022
Par amount
$9,950,000
New money / refunding
$9,950,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Competitive
Final maturity
March 1, 2051

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$9,845,000$4,943,828$14,788,828
2024$9,950,000$5,238,097$15,188,097
2023$9,950,000$5,533,941$15,483,941
2022$9,950,000$5,812,527$15,762,527

Costs of issuance

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One-time costs reported: $758,987, or $76.28 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Accountant CPABKD LLPOne time$1,200.00$0.12
Accountant CPAMunicipal Accounts & Consulting LPOne time$3,250.00$0.33
Attorney General reviewNot reportedOne time$9,500.00$0.95
Bond application reportVogler & Spencer EngineeringOne time$49,363.00$4.96
Bond counselBacon Wallace & Philbin LLPOne time$305,250.00$30.68
Bond insurance (paid by the underwriter)Build America Mutual (BAM) Assurance CoOne time$35,500.00$3.57
ContingencyNot reportedOne time$45,000.00$4.52
Disclosure counselMcCall Parkhurst & Horton LLPOne time$8,500.00$0.85
Financial advisorRathmann & Associates LPOne time$199,000.00$20.00
Other costsAerial ImagingOne time$600.00$0.06
Other costsBob Leared Interests IncOne time$2,500.00$0.25
Other costsHouston ChronicleOne time$1,824.81$0.18
Other costsMUD Photo ServiceOne time$675.00$0.07
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.08
PrintingDonnelley Financial Solutions IncOne time$1,108.14$0.11
PrintingIpreo LLCOne time$1,500.00$0.15
Rating agencyS&POne time$17,250.00$1.73
Underwriter's spread: expensesNot reportedOne time$9,751.00$0.98
Underwriter's spread: takedownNot reportedOne time$42,340.00$4.26
TCEQTexas Commission on Environmental Quality (TCEQ)One time$24,875.00$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.