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Verandah MUD

Unl Tax Road Bonds Ser 2019

$2,805,000 of principal outstanding at the end of fiscal year 2025.

Terms

Closing date
September 12, 2019
Fiscal year issued
2020
Par amount
$3,000,000
New money / refunding
$3,000,000 / $0
Pledge
Tax-supported (general obligation)
Purpose
Transportation
Sale
Competitive
Final maturity
March 1, 2045

Debt outstanding by fiscal year

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Principal, interest and debt service outstanding at each reporting date
Fiscal yearPrincipalInterestTotal debt service
2025$2,805,000$793,572$3,598,572
2024$2,905,000$866,091$3,771,091
2023$3,000,000$941,772$3,941,772
2022$3,000,000$1,019,116$4,019,116
2021$3,000,000$1,096,460$4,096,460
2020$3,000,000$1,173,803$4,173,803

Costs of issuance

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One-time costs reported: $271,062, or $90.35 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
CostPaid toTypeAmountPer $1,000
Accountant CPAMcCall Gibson Swedlund Barfoot Ellis PLLCOne time$7,500.00$2.50
Attorney General reviewNot reportedOne time$3,000.00$1.00
Bond counselWinstead PCOne time$75,000.00$25.00
Bond insurance (paid by the underwriter)Assured Guaranty IncOne time$48,865.00$16.29
ContingencyNot reportedOne time$5,862.85$1.95
Disclosure counselMcCall Parkhurst & Horton LLPOne time$10,000.00$3.33
Financial advisorHilltop Securities IncOne time$75,000.00$25.00
Underwriter's spread: management feeNot reportedOne time$450.00$0.15
Paying agent and registrarWells Fargo BankAnnual$1,000.00$0.33
Paying agent and registrarWells Fargo BankOne time$1,000.00$0.33
PrintingHilltop Securities IncOne time$5,000.00$1.67
PrintingHilltop Securities IncOne time$4,000.00$1.33
Underwriter's spread: expensesNot reportedOne time$8,776.80$2.93
Underwriter's spread: takedownNot reportedOne time$26,607.50$8.87

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.