Sarasota County, Florida Notes to Financial Statements September 30, 2021 Issue Purpose Maturity Interest Rate Annual Principal Installment Range Original Principal Amount Outstanding Principal and Unamortized Premium Amount Capital Improvement Revenue Refunding Bonds, Series 2018A Capital Improvement Revenue Refunding Bonds, Series 2018B Capital Improvement Revenue Bonds, Series 2019A Capital Improvement Revenue Refunding Bonds, Series 2019B To finance the costs of 2047 3.50% 350,000 18,015,000 17,977,007 the acquisition, to to construction and 5.00% 1,030,000 equipping of the Sheriff’s Office and Administrative Headquarters Facility by refinancing a loan from the Pooled Commercial Paper Loan Program of the Florida Local Government Finance Commission. To refinance certain 2034 3.00% 610,000 16,215,000 12,708,098 loans from the Pooled to to Commercial Paper 5.00% 1,525,000 Loan Program of the Florida Local Government Finance Commission. To finance the 2039 4.00% 505,000 15,085,000 16,065,500 construction of a new to to Sheriff’s Office 5.00% 1,125,000 Support Services Facility to provide for Sheriff’s vehicle maintenance and administrative support functions. To advance refund all 2040 4.00% 650,000 19,385,000 20,042,640 of the County’s Capital to to Improvement 5.00% 1,225,000 Revenue Bonds, Series 2010A, maturing on or after October 1, 2020 and the County’s Communications Services Tax Revenue Bonds, Series 2010, maturing on or after October 1, 2020. 115
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