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Timber Lane UD

Unl Tax Ref Bonds Ser 2015

$7,700,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
February 24, 2015
Fiscal year issued
2015
Par amount
$8,965,000
New money / refunding
$0 / $8,965,000
Pledge
Tax-supported (general obligation)
Purpose
Refunding
Sale
Negotiated
Final maturity
August 1, 2034

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$7,700,000$1,398,125$9,098,125
2024$7,830,000$1,637,819$9,467,819
2023$7,930,000$1,880,513$9,810,513
2022$8,030,000$2,126,206$10,156,206
2021$8,130,000$2,374,900$10,504,900
2020$8,205,000$2,625,094$10,830,094
2019$8,275,000$2,876,688$11,151,688
2018$8,345,000$3,129,681$11,474,681
2017$8,415,000$3,384,075$11,799,075
2016$8,890,000$3,647,969$12,537,969

Costs of issuance

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One-time costs reported: $311,180, or $34.71 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$8,965.00$1.00
Bond counselSmith Murdaugh Little & Bonham LLPOne time$89,650.00$10.00
Bond insuranceAssured Guaranty IncOne time$13,921.83$1.55
Disclosure counselMcCall Parkhurst & Horton LLPOne time$17,930.00$2.00
Escrow agentWells Fargo BankAnnual$1,000.00$0.11
Escrow agentWells Fargo BankOne time$500.00$0.06
Escrow verificationGrant Thornton LLPOne time$4,000.00$0.45
Financial advisorFirst Southwest Co LLCOne time$89,650.00$10.00
Underwriter's spread: management feeNot reportedOne time$8,965.00$1.00
Other costsNot reportedOne time$3,750.00$0.42
Paying agent and registrarWells Fargo BankAnnual$1,000.00$0.11
Paying agent and registrarWells Fargo BankOne time$1,000.00$0.11
PrintingFirst Southwest Co LLCOne time$3,500.00$0.39
PrintingIpreo LLCOne timeNot reported
Rating agencyMoodysOne time$13,000.00$1.45
Underwriter's spread: expensesNot reportedOne time$3,560.90$0.40
Underwriter's spread: takedownNot reportedOne time$45,787.50$5.11
Underwriter's counsel (paid by the underwriter)McCall Parkhurst & Horton LLPOne time$7,000.00$0.78

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.