Brazoria-Fort Bend Counties MUD 3
Unl Tax Util Bonds Ser 2025
$8,000,000 of principal outstanding at the end of fiscal year 2025.
Terms
- Closing date
- August 19, 2025
- Fiscal year issued
- 2025
- Par amount
- $8,000,000
- New money / refunding
- $8,000,000 / $0
- Pledge
- Tax-supported (general obligation)
- Purpose
- Combined utility system
- Sale
- Competitive
- Final maturity
- March 1, 2051
Debt outstanding by fiscal year
Download CSV| Fiscal year | Principal | Interest | Total debt service |
|---|---|---|---|
| 2025 | $8,000,000 | $5,983,774 | $13,983,774 |
Costs of issuance
Download CSVOne-time costs reported: $542,550, or $67.82 per $1,000 of par (computed here).
| Cost | Paid to | Type | Amount | Per $1,000 |
|---|---|---|---|---|
| Attorney General review | Not reported | One time | $8,000.00 | $1.00 |
| Bond counsel | Coats Rose PC | One time | $144,574.78 | $18.07 |
| Bond insurance (paid by the underwriter) | Build America Mutual (BAM) Assurance Co | One time | $93,200.00 | $11.65 |
| Bond preparation fee | Tierra Financial Advisors LLC | One time | $35,000.00 | $4.38 |
| Disclosure counsel | Orrick Herrington & Sutcliffe LLP | One time | $15,400.00 | $1.93 |
| Financial advisor | Tierra Financial Advisors LLC | One time | $83,723.84 | $10.47 |
| Underwriter's spread: management fee | Not reported | One time | $19,600.00 | $2.45 |
| Paying agent and registrar | Amegy Bank of Texas | One time | $750.00 | $0.09 |
| Rating agency | Moodys | One time | $16,950.00 | $2.12 |
| Underwriter's spread: expenses | Not reported | One time | $9,120.00 | $1.14 |
| Underwriter's spread: takedown | Not reported | One time | $96,231.25 | $12.03 |
| TCEQ | Not reported | One time | $20,000.00 | $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.