Tax-Exempt Contract Rev Ref Bonds Ser 2016 (Wells Ranch 1 Proj)
$17,360,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 10, 2016
- Fiscal year issued
- 2016
- Par amount
- $31,550,000
- New money / refunding
- $0 / $31,550,000
- Pledge
- Revenue
- Purpose
- Refunding
- Sale
- Negotiated
- Final maturity
- August 1, 2032
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $17,360,000 | $2,961,250 | $20,321,250 |
| 2024 | $19,425,000 | $3,803,250 | $23,228,250 |
| 2023 | $21,385,000 | $4,743,250 | $26,128,250 |
| 2022 | $23,255,000 | $5,776,750 | $29,031,750 |
| 2021 | $25,035,000 | $6,899,250 | $31,934,250 |
| 2020 | $26,750,000 | $8,090,350 | $34,840,350 |
| 2019 | $28,395,000 | $9,347,250 | $37,742,250 |
| 2018 | $29,995,000 | $10,652,150 | $40,647,150 |
| 2017 | $31,550,000 | $12,003,700 | $43,553,700 |
| 2016 | $31,550,000 | $13,355,250 | $44,905,250 |
Costs of issuance
Download CSVOne-time costs reported: $729,409, or $23.12 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 | $0.30 |
| Bond counsel | Norton Rose Fulbright US LLP | One time | $202,500.00 | $6.42 |
| Bond insurance | None | One time | $0.00 | $0.00 |
| Escrow agent | Bank of Texas NA | One time | $1,200.00 | $0.04 |
| Escrow verification | Barthe & Wahrman PA | One time | $3,000.00 | $0.10 |
| Financial advisor | SAMCO Capital Markets Inc | One time | $271,545.91 | $8.61 |
| Issuer counsel | Louis T Rosenberg PC | One time | $7,101.00 | $0.23 |
| Underwriter's spread: management fee | Not reported | One time | $15,775.00 | $0.50 |
| Other costs | Wells Fargo Bank | One time | $500.00 | $0.02 |
| Paying agent and registrar | Bank of Texas NA | Annual | $400.00 | $0.01 |
| Printing | Clements Printing Co LLC | One time | $1,200.00 | $0.04 |
| Rating agency | S&P | One time | $45,000.00 | $1.43 |
| Underwriter's spread: expenses | Not reported | One time | $8,650.00 | $0.27 |
| Underwriter's spread: takedown | Not reported | One time | $143,437.50 | $4.55 |
| Underwriter's counsel (paid by the underwriter) | Andrews & Kurth LLP | One time | $20,000.00 | $0.63 |
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 3, 2026.
Texas fiscal years run September 1 to August 31.
Figures are as reported to the agency and have not been independently verified.