Page 263 - CityofKellerFY25Budget

KELLER DEVELOPMENT CORPORATION (KDC) OUTSTANDING PRINCIPAL DEBT OBLIGATIONS
BY ISSUE

2015 2024
CERTIFICATE CERTIFICATE
OF OF
Year OBLIGATION OBLIGATION TOTAL
Standards & AAA AAA
Poors Rating:
Moodys Rating: Aa1 AAA
Rec Center
Expansion / Sports Park
Purpose:
Park Revitalization
Improvements
2025 $ 185,000 $ 1,195,000 $ 1,380,000
2026 195,000 1,255,000 1,450,000
2027 200,000 1,320,000 1,520,000
2028 205,000 1,385,000 1,590,000
2029 215,000 1,455,000 1,670,000
2030 225,000 1,525,000 1,750,000
2031 235,000 1,600,000 1,835,000
2032 240,000 1,685,000 1,925,000
2033 250,000 1,765,000 2,015,000
2034 265,000 1,855,000 2,120,000
2035 - 1,950,000 1,950,000
2036 - 2,045,000 2,045,000
2037 - 2,145,000 2,145,000
2038 - 2,255,000 2,255,000
2039 - - -
2040 - - -
Total $ 2,215,000 $ 23,435,000 $ - $ - $ - $ - $ - $ 25,650,000

KDC PRINCIPAL OBLIGATIONS BY YEAR AND ISSUANCE
2,500,000

2,000,000

1,500,000
2024 CO
2015 CO
1,000,000

500,000

-
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038

261