Page 99 - Kennedale Budget FY21
P. 99

BOND PURPOSES: DEBT SERVICE FUND

                                                       BOND PURPOSES

                Series 2016  $3,720,000 Bonds   1) Refund outstanding 2005 and 2008 bonds
                Series 2010 $2,000,000 Bonds    1) Construct improvement and extensions to the City's waterworks, sewer, and
                                                storm sewer systems
                                                2) Construct, improve and repair city streets, parking lots, and sidewalks,
                                                together with drainage improvements, utility line construction, relocation and
                                                replacement, utilities improvmeents, traffic and street signalization, landscaping
                                                and lighting improvements
                                                3) Relocate and restore Historic Section House ($385,711.19)
                                                4) Provide local match for federal grant to make street, sidewalk, landscaping,
                                                intersection, and lighting improvements
                Series 2011 $3,260,000 Bonds    1) ROW; Construct street, curb, sidewalk improvements; Utility relocation and
                                                drainage improvements
                                                2) Acquire and equip public safety vehicles including an ambulance and a fire
                                                truck ($750,000)
                Series 2008 $4,500,000 Bonds    1) ROW; Construct street, curb, sidewalk improvements; Utility relocation and
                                                drainage improvements
                Series 2007A $2,735,000 Bonds   1) ROW; Construct street, curb, sidewalk improvements; Utility relocation and
                                                drainage improvements
                Series 2007 $4,365,000 Bonds    1) Construction of a new municipal complex and the acquisition of land
                                                2) Improvements to streets in the City
                Originally 1998 Bonds           3) Improvements to the City's water system, including a new water well, new
                                                ground and elevated water storage facilities and water lines
                Series 2007 $2,900,000 Bonds    1) Construct improvement and extensions to the city's waterworks, sewer, and
                                                storm sewer systems
                Series 2007 $1,200,000 Bonds    1) Provide funds for the purchase of land and related improvements in
                                                TownCenter district
                Series 2005 $790,000 Bonds      1) Construction of new Library and Community Center; acquistion of interests in
                                                land relating to such facility; construction of related parking improvements

                Series 2018 $760,000 Tax Note   1) Provide certain combined street and sidewalk projects
                Series 2020 $1,260,000 Bonds    1) Construct improvement and extensions to the City's waterworks, sewer, and
                                                storm sewer systems
                Orginally 2010 Bonds            2) Construct, improve and repair city streets, parking lots, and sidewalks,
                                                together with drainage improvements, utility line construction, relocation and
                                                replacement, utilities improvmeents, traffic and street signalization, landscaping
                                                and lighting improvements
                                                3) Relocate and restore Historic Section House ($385,711.19)
                                                4) Provide local match for federal grant to make street, sidewalk, landscaping,
                                                intersection, and lighting improvements
                Series 2019 $2,000,000 Tax Note 1) Provide funds for street and drainage projects and facilities construction













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