Brazoria-Fort Bend Counties MUD 3
Unl Tax Road Bonds Ser 2024
$3,000,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 20, 2024
- Fiscal year issued
- 2024
- 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, 2050
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $3,000,000 | $1,957,819 | $4,957,819 |
| 2024 | $3,000,000 | $2,030,419 | $5,030,419 |
Costs of issuance
Download CSVOne-time costs reported: $231,220, or $77.07 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $3,000.00 | $1.00 |
| Bond application report | Tierra Financial Advisors LLC | One time | $15,000.00 | $5.00 |
| Bond counsel | Coats Rose PC | One time | $74,552.53 | $24.85 |
| Bond insurance (paid by the underwriter) | Build America Mutual (BAM) Assurance Co | One time | $55,400.00 | $18.47 |
| Disclosure counsel | Orrick Herrington & Sutcliffe LLP | One time | $4,000.00 | $1.33 |
| Financial advisor | Tierra Financial Advisors LLC | One time | $34,324.00 | $11.44 |
| Paying agent and registrar | Zions Bancorporation NA | One time | $750.00 | $0.25 |
| Underwriter's spread: expenses | Not reported | One time | $9,000.00 | $3.00 |
| Underwriter's spread: takedown | Not reported | One time | $35,193.75 | $11.73 |
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.