SCHEDULE OF OUTSTANDING ECON. DEVELOPMENT BONDS
ECONOMIC DEVELOPMENT DEBT SERVICE FUND SCHEDULE OF BONDS OUTSTANDING CERTIFICATE OF
YEAR
AMOUNT
2021-22
2021-22
2021-22
OBLIGATION
AMOUNT OF
INTEREST
OF
OUTSTANDING
PRINCIPAL
INTEREST
TOTAL
ISSUE
ISSUE
RATE
MATURITY
@ 10/01/21
DUE
DUE
DUE
2.40 1.98 2.00 1.94 2.09
2033 2023 2034 2030 2036
C.O. 2013 C.O. 2013A C.O. 2014 C.O. 2015 Ref C.O. 2016 C.O. 2022
$2,000,000 $1,500,000 $5,500,000 $2,332,087 $3,900,000 $3,500,000
TOTAL ALL ISSUES
1,200,000 300,000 3,575,000 2,079,020 2,505,000 9,659,020 $
100,000 150,000 275,000 251,534 270,000
31,750 6,750 98,656 55,869 59,700 41,980
1,046,534 $
294,705 $
Bond Ratings : Moody's - Aa1, S&P's - AA+ C.O. 2015 Refunding: Certificates of Obligation 2009 - $5,000,000 advance refunded $2,332,087 to fund the construction of the Downtown Revitalization Project.
C.O. 2013 $2,000,000 to fund Phase 3 of the Downtown Revitalization Project (S. Parking Place)
C.O. 2013A $1,500,000 to fund the extension of water to the airport.
C.O. 2014 $5,500,000 to fund incentives agreed upon for the new HEB & Dow facilities.
C.O. 2016 $1,500,000 to assist in the funding of the extension of sewer to the airport area $2,400,000 to replace the lift station 14 force main to the Wastewater Treatment Plant
C.O. 2022 $3,500,000 to be sold Spring 2022
FY 2021-2022 Adopted Budget - 286
131,750 156,750 373,656 307,403 329,700 41,980 1,341,239
