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DEBT SERVICE FUNDS

General Obligation Refunding Bonds, 2007 – In 2007, $5,085,000 in refunding bonds were issued for street
improvements
.

General Obligation Bonds, 2006 – In 2006, $2,280,000 in General Obligation bonds were issued for street
improvements to Davis Boulevard/Mid Cities Intersection, Flory Lane, Galway Lane, Lola Drive, and Simmons
Drive. Additional projects funded from this issue include the signalization of Holiday Lane/Chapman
Drive/Meadow Road, reconstruction of the Holiday West drainage channel and upgrades to existing fire
department facilities.

Certificates of Obligation, 2006 – In 2006, $1,345,000 in Certificates of Obligation debt was issued for
replacement of the following vehicles and equipment: aerial ladder truck, ambulance, backhoe tractor/loader,
two dump trucks and a pavement roller.

General Obligation Refunding Bonds, 2005 – In 2005, $8.05 million in bonds was refunded to achieve interest
savings and lower the overall annual debt service requirements of the City. Portions of the following bonds were
refunded: 1996, 1997, 1998, 1999, and 2000 series General Obligation bonds and 1996, 1997, 1998, 1999, 2000
and 2001 series Certificates of Obligation

UTILITY DEBT

General Obligation Refunding Bonds 2014 – In 2014, $10,835,000 General Obligation bonds were issued for
refunding of prior bonds for a lower interest rate and overall costs. The amount for Utility Debt was $100,000 in
principal refunded.

General Obligation Refunding Bonds 2013 – In 2013, $4,145,000 General Obligation bonds were issued for
refunding of prior bonds for a lower interest rate and overall costs. The amount for Utility Debt was $185,000 in
principal refunded.

Certificates of Obligation, 2013 – In 2013, $1,330,000 in Certificates of Obligation were utility line burial and
intersection improvements.

Certificates of Obligation, 2012 – In 2012, $5,365,000 in Certificates of Obligation debt were issued for water
and sanitary sewer infrastructure construction and rehabilitation, and water meter replacements.

Certificates of Obligation, 2010 – In 2010, Certificates in the amount of $805,000 were issued for Utility street
re-locations and water meter replacements.

Certificates of Obligation, 2009 – In 2009, Certificates for $3,115,000 were issued for a lift station at Precinct
Line Rd, Amundson tank rehabilitation and other utility capital projects.

Certificates of Obligation, 2008 – In 2008, $1,815,000 million in Certificates of Obligation debt were issued for
utility water meter replacements and utility capital projects throughout the City.

PARK DEBT

General Obligation Refunding Bonds 2014 – In 2014, $10,585,000 General Obligation bonds were issued for
refunding of prior bonds for a lower interest rate and overall costs. The amount for Parks was $410,000 in
principal refunded.

Certificates of Obligation, 2011 – In 2011, $2,440,000 in certificates were issued for the Senior Citizen
Component of the Recreation Center to be paid with 4B sales tax.

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