Master Proposed Book FY2023
2014 General Obligation/Refunding Bond Issue Principal: $11,980,000 Dated: June 3, 2014 Callable: June 1, 2020
Principal Outstanding Beginning of Fiscal Year
Payments
Tax Increment Financing
Property Tax Revenue
Coupon Rate
Fiscal Year
Principal
Interest
Total
2022 2023 2024
970,000 1,000,000 1,030,000
72,575 50,750 25,750
1,042,575 1,050,750 1,055,750
736,471 742,246 745,778
306,104 308,504 309,972
3,000,000 2.25% 2,030,000 2.50% 1,030,000 2.50%
Totals
3,000,000
149,075
3,149,075
2,224,495
924,580
Principal payable June 1. Interest payable June 1 and December 1.
Project
Amount
Moss Ridge Road
1,890,000 $ 1,000,000 2,500,000 1,000,000
First Ave/IAIS Railroad Crossing Improvements Sycamore Street - City Limits to South Gilbert Street
CBD Streetscape Project
Normandy Drive Restoration Project City Park Master Plan & Pool Upgrade Willow Creek/Kiwanis Park Master Plan Library Public Space Remodeling Fire SCBA/Air System Replacement UniverCity Neighborhood Partners Public Works Facilities Master Plan
409,050 650,000 50,000 100,000 500,000 500,000 310,000
2016 & 2017 Maturities - 2006C & 2007A GO Bonds
2,660,000 244,165 166,785
City Hall-Other Projects
Issuance Costs
Amount of Issue
11,980,000 $
428
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