Sarasota County, Florida Notes to Financial Statements September 30, 2021 Infrastructure Sales Surtax Revenue Bonds, which are secured by a pledge of the Infrastructure Sales Surtax Revenues, outstanding at year-end were as follows: Annual Principal Original Outstanding Interest Installment Principal Principal Issue Purpose Maturity Rate Range Amount Amount Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2014 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2015 Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2018 To advance refund all or a portion of the County’s Infrastructure Sales Surtax Revenue Bonds, Series 2008B maturing on or after October 1, 2018. To advance refund all of the Series 2008A Bonds maturing on or after October 1, 2019. To refinance certain loans from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. 2024 5.00% $ 5,580,000 $37,355,000 $ 18,558,405 to 6,150,000 2024 5.00% 5,650,000 33,490,000 18,652,272 to 6,225,000 2024 5.00% 3,675,000 22,965,000 12,128,845 to 4,050,000 Total Infrastructure Sales Surtax Revenue Bonds – Governmental Activities $ 49,339,522 Capital Improvement Revenue Bonds, which are secured by a pledge of the Half-Cent Sales Tax Revenues, outstanding at year-end were as follows: Outstanding Principal Annual and Principal Original Unamortized Interest Installment Principal Premium Issue Purpose Maturity Rate Range Amount Amount Capital To finance a portion of 2047 2.62% $ 495,000 $21,625,000 $ 19,845,000 Improvement the cost of the to to Revenue acquisition and 3.72% 1,145,000 Bonds, Series construction of the 2017 (Federally spring training facility Taxable) for the Atlanta National League Baseball Club, LLC. 114
RkJQdWJsaXNoZXIy MzM3Mjg=