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Valwood Improvement Authority

Unl Tax Bonds Ser 2015

Last reported in fiscal year 2022, with $2,930,000 of principal then outstanding.

Terms

Closing date
June 3, 2015
Fiscal year issued
2015
Par amount
$12,380,000
New money / refunding
$12,380,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Negotiated
Final maturity
March 1, 2023

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2022$2,930,000$58,600$2,988,600
2021$5,745,000$232,100$5,977,100
2020$8,480,000$502,050$8,982,050
2019$11,130,000$854,700$11,984,700
2018$12,380,000$1,262,400$13,642,400
2017$12,380,000$1,682,600$14,062,600
2016$12,380,000$2,102,800$14,482,800

Costs of issuance

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One-time costs reported: $280,443, or $22.65 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$0.77
Bond counselBracewell LLPOne time$49,550.00$4.00
Bond insuranceNoneOne time$0.00$0.00
Cobond counselBoyle & Lowry LLPOne time$16,250.00$1.31
ContingencyNot reportedOne time$700.00$0.06
Financial advisorSAMCO Capital Markets IncOne time$100,000.00$8.08
Underwriter's spread: management feeNot reportedOne time$12,380.00$1.00
Other costsSAMCO Capital Markets IncOne time$1,538.87$0.12
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.06
PrintingClements Printing Co LLCOne time$936.78$0.08
Rating agencyMoodysOne time$17,500.00$1.41
Underwriter's spread: expensesNot reportedOne time$4,250.00$0.34
Underwriter's spread: takedownNot reportedOne time$60,337.50$4.87
Underwriter's counsel (paid by the underwriter)McCall Parkhurst & Horton LLPOne time$7,500.00$0.61

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.