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Valwood Improvement Authority

Unl Tax Bonds Ser 2020

Last reported in fiscal year 2024, with $2,385,000 of principal then outstanding.

Terms

Closing date
September 23, 2020
Fiscal year issued
2021
Par amount
$7,419,940
New money / refunding
$7,419,940 / $0
Pledge
Tax-supported (general obligation)
Purpose
Water and sewer
Sale
Private placement
Final maturity
March 1, 2025

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2024$2,385,000$24,089$2,409,089
2023$4,725,000$71,811$4,796,811
2022$7,015,000$142,663$7,157,663
2021$7,215,000$215,534$7,430,534

Costs of issuance

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One-time costs reported: $129,870, or $17.50 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$7,420.00$1.00
Bank counselNaman Howell Smith & Lee PLLCOne time$4,000.00$0.54
Bond counselBracewell LLPOne time$30,324.78$4.09
Co bond counselBoyle & Lowry LLPOne time$9,274.92$1.25
Financial advisorSAMCO Capital Markets IncOne time$78,850.30$10.63

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.