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Grand Mission MUD 2

Unl Tax Bonds Ser 2020

$6,400,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
April 21, 2020
Fiscal year issued
2020
Par amount
$6,620,000
New money / refunding
$6,620,000 / $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$6,400,000$3,926,438$10,326,438
2024$6,500,000$4,135,813$10,635,813
2023$6,600,000$4,350,188$10,950,188
2022$6,620,000$4,567,563$11,187,563
2021$6,620,000$4,785,438$11,405,438
2020$6,620,000$4,985,156$11,605,156

Costs of issuance

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One-time costs reported: $680,843, or $102.85 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$6,620.00$1.00
Bond application reportNot reportedOne time$51,500.00$7.78
Bond counselCoats Rose PCOne time$192,400.00$29.06
Bond insurance (paid by the underwriter)Assured Guaranty IncOne time$67,886.00$10.25
Disclosure counselMcCall Parkhurst & Horton LLPOne time$8,000.00$1.21
Financial advisorRathmann & Associates LPOne time$132,400.00$20.00
Underwriter's spread: management feeNot reportedOne time$11,857.40$1.79
Other costsAerial ImagingOne time$600.00$0.09
Other costsHouston ChronicleOne time$1,800.00$0.27
Paying agent and registrarBank of New York Mellon Trust CoAnnual$750.00$0.11
Paying agent and registrarBank of New York Mellon Trust CoOne time$750.00$0.11
PrintingIpreo LLCOne time$1,500.00$0.23
PrintingRR DonnelleyOne time$5,085.24$0.77
Rating agencyMoodysOne time$17,000.00$2.57
Underwriter's spread: expensesNot reportedOne time$7,944.00$1.20
Underwriter's spread: takedownNot reportedOne time$158,950.00$24.01
TCEQNot reportedOne time$16,550.00$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.