Spec Assessment Rev Bonds Ser 2016 (Impr Area 1 Proj)

$7,735,000 of principal outstanding at the end of fiscal year 2025.

Terms

Principal, interest and debt service outstanding at each reporting date
Fiscal year	Principal	Interest	Total debt service
2025	$7,735,000	$6,718,788	$14,453,788
2024	$7,875,000	$7,215,613	$15,090,613
2023	$8,015,000	$7,720,488	$15,735,488
2022	$8,295,000	$8,388,431	$16,683,431
2021	$8,625,000	$9,142,031	$17,767,031
2020	$9,030,000	$10,002,200	$19,032,200
2019	$9,145,000	$10,576,481	$19,721,481
2018	$9,255,000	$11,157,231	$20,412,231
2017	$9,255,000	$11,741,144	$20,996,144
2016	$9,255,000	$12,190,432	$21,445,432

One-time costs reported: $966,256, or $104.40 per $1,000 of par (computed here).

Each cost of issuance, who was paid and how much
Cost	Paid to	Type	Amount	Per $1,000
Bond counsel	Winstead PC	One time	$223,305.62	$24.13
Bond insurance	None	One time	$0.00	$0.00
Financial advisor	First Southwest Co LLC	One time	$210,100.00	$22.70
Underwriter's spread: management fee	Not reported	One time	$88,028.76	$9.51
Other costs	City of Heath	One time	$32,290.00	$3.49
Other costs	McCall Parkhurst & Horton LLP	One time	$95,000.00	$10.26
Other costs	Messer Rockefeller & Fort PLLC	One time	$56,960.40	$6.15
Paying agent and registrar	Wilmington Trust NA	One time	$8,500.00	$0.92
Underwriter's spread: takedown	Not reported	One time	$92,550.00	$10.00
Underwriter's counsel (paid by the underwriter)	Andrews & Kurth LLP	One time	$159,521.24	$17.24

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.