governmental services - GORacine.org

Summary of Outstanding Bond Issues as of December 31, 2012Interest Amount Issue Maturity AmountIssue Purpose Range Issued Date Date OutstandingGeneral ObligationDebt ServiceSeries 2005Pay part of the costs of road improvements &purchase of equipment3.45% -3.75%1,700,000 05/05/05 12/11/14 430,000Series 2005 RefundingRefunding portions of 1999 RidgewoodRefunding and Series 2002A3.00% -4.10%5,935,000 04/15/05 12/16/19 2,430,000Series 2006Pay part of the costs of road improvements &purchase of equipment4.00% -5.00%2,065,000 07/18/06 09/01/16 1,025,000Series 2006 JailAdditionFunding for Jail addition and improvements 4.00% -4.50%18,970,000 03/15/06 09/01/26 15,330,000Series 2007Pay part of the costs of road improvements &purchase of equipment3.875% 2,155,000 06/07/07 06/01/17 1,290,000Series 2008Pay part of the costs of road improvements &purchase of equipment3.00% -3.75%3,795,000 06/07/08 06/01/18 2,585,000Series 2009 - RecoveryZone EconomicDevelopment Bonds -TaxablePay part of the costs of road improvements &purchase of equipment1.70% -4.65%4,335,000 09/15/09 06/01/19 3,985,000Series 2010 - RecoveryZone EconomicDevelopment Bonds -TaxablePay part of the costs of road improvements &purchase of equipment3.50% -4.25%2,140,000 09/15/10 06/01/20 2,140,000Series 2010 - BuildAmerica Bonds -TaxablePay part of the costs of road improvements &purchase of equipment1.05% -3.40%2,780,000 09/15/10 06/01/20 2,580,000Series 2011Pay part of the costs of road improvements &purchase of equipment1.50% -2.75%6,560,000 04/12/11 06/01/21 5,995,000Series 2012 - Marina Purchase of Reefpoint Marina 2.00% -3.00%5,000,000 04/17/12 06/01/31 5,000,000Series 2012Pay part of the costs of road improvements &purchase of equipment1.00% -2.10%5,000,000 04/17/12 06/01/21 5,000,000Series 2012 - TaxableRefunding portions of 2003B & 2004, RLFfunding and purchase of equipment.45% -3.00%10,200,000 04/17/12 03/01/22 10,200,000Total Debt Service General Obligation Debt 70,635,000 57,990,000Total General Obligation Debt as of December 31, 2012 70,635,000 57,990,000Total of Outstanding Bond Issues as of December 31, 2011Change of Outstanding Bond Issues during 201269,509,100 51,783,3011,125,900 6,206,699PAGE 43 - 7