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ADOPTED | BUDGET

General Obligation Bonds, 2012 – In 2013, $10,000,000 in General Obligations bonds were issued
for 2012 Bond Election Municipal Facilities Project and 2003 Bond election streets and drainage
projects.

General Obligation Refunding Bonds, 2012 – In 2012, $2,884,934 General Obligation refunding bonds
were issued for street and drainage improvements, which were a part of the 2003 bond election.

General Obligation Bonds, 2012 – In 2012, $25,830,000 in General Obligations bonds were issued
for 2012 Bond Election Municipal Facilities Project and 2003 Bond election streets and drainage
projects.

General Obligation Refunding Bonds, 2011 – In 2011, $2,130,000 General Obligation refunding bonds
were issued for street and drainage improvements, which were a part of the 2003 bond election.

Certificates of Obligation, 2011 – In 2011, $945,000 in Certificates of Obligation were issued for capital
equipment, and two drainage projects.

Certificates of Obligation, 2010 – In 2010, $2,910,000 in Certificates of Obligation were issued for
ambulance equipment and five street and drainage projects.

GENERAL DEBT NO LONGER OUTSTANDING (Series 2005‐2010)

General Obligation Bonds, 2010 – In 2010, $5,850,000 in General Obligation bonds were issued for
street and drainage improvements, which were a part of the 2003 bond election. There is no debt
service remaining on this issuance.

General Obligation Bonds, 2009 – In 2009, $5,695,000 in General Obligation bonds were issued for
street improvements, which were a part of the 2003 bond election. There is no debt service
remaining on this issuance.

Certificates of Obligation, 2009 – In 2009, $1,235,000 in Certificates of Obligation were issued for five
drainage and street improvement projects, five utility capital projects and the purchase of a Fire
Quint. There is no debt service remaining on this issuance.

General Obligation Bonds, 2008 - In 2008, $4,180,000 in General Obligation bonds were issued for
street improvements to North Tarrant parkway, Rufe Snow Drive, Douglas Lane and Holiday Lane.
There is no debt service remaining on this issuance.

Certificates of Obligation, 2008 - In 2008, $285,000 in Certificates of Obligation debt were issued for
various utility capital projects and replacement of an ambulance and camera van for the Utility
Department. There is no debt service remaining on this issuance.

General Obligation Bonds, 2007 – In 2007, $1,700,000 in General Obligation bonds were issued for
street improvements to North Tarrant Parkway and Rufe Snow Drive. There is no debt service
remaining on this issuance.

General Obligation Refunding Bonds, 2007 – In 2007, $5,085,000 in refunding bonds were issued for
street improvements. There is no debt service remaining on this issuance.

384 NRH | TEXAS