Contract Rev Bonds Ser 2016 (Wtr Sewer & Drainage Facil)
$7,300,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 11, 2016
- Fiscal year issued
- 2016
- Par amount
- $11,000,000
- New money / refunding
- $11,000,000 / $0
- Pledge
- Revenue
- Purpose
- Water and sewer
- Sale
- Competitive
- Final maturity
- June 1, 2042
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $7,300,000 | $1,802,875 | $9,102,875 |
| 2024 | $7,700,000 | $1,995,625 | $9,695,625 |
| 2023 | $8,100,000 | $2,196,375 | $10,296,375 |
| 2022 | $8,500,000 | $2,405,125 | $10,905,125 |
| 2021 | $8,900,000 | $2,623,875 | $11,523,875 |
| 2020 | $9,300,000 | $2,854,625 | $12,154,625 |
| 2019 | $9,700,000 | $3,097,375 | $12,797,375 |
| 2018 | $10,250,000 | $3,354,375 | $13,604,375 |
| 2017 | $11,000,000 | $3,630,875 | $14,630,875 |
| 2016 | $11,000,000 | $3,870,667 | $14,870,667 |
Costs of issuance
Download CSVOne-time costs reported: $844,180, or $76.74 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $9,500.00 | $0.86 |
| Bond application report | Not reported | One time | $40,000.00 | $3.64 |
| Bond counsel | Allen Boone Humphries Robinson LLP | One time | $185,000.00 | $16.82 |
| Bond insurance (paid by the underwriter) | Assured Guaranty Inc | One time | $89,500.00 | $8.14 |
| Disclosure counsel | Norton Rose Fulbright US LLP | One time | $8,200.00 | $0.75 |
| Financial advisor | First Southwest Co LLC | One time | $260,000.00 | $23.64 |
| Underwriter's spread: management fee | Not reported | One time | $76,633.50 | $6.97 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | One time | $3,000.00 | $0.27 |
| Paying agent and registrar | Bank of New York Mellon Trust Co | Annual | $750.00 | $0.07 |
| Printing | First Southwest Co LLC | One time | $3,600.00 | $0.33 |
| Printing | Ipreo LLC | One time | $1,916.00 | $0.17 |
| Rating agency | S&P | One time | $11,900.00 | $1.08 |
| Underwriter's spread: expenses | Not reported | One time | $9,680.00 | $0.88 |
| Underwriter's spread: takedown | Not reported | One time | $117,750.00 | $10.70 |
| TCEQ | Not reported | One time | $27,500.00 | $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 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.