Sarasota County Consolidated Major Revenue and Debt Report 2019

NON-SELF-SUPPORTING REVENUE BONDS – CONTINUED Date Description Purpose Security/Refunding Principal as of 9/30/19* August 1993 $14,150,000 Revenue Refunding Bonds, Series 1993 Issued to advance refund $12,320,000 Revenue Bonds, Series 1988 and $3,425,000 Revenue Bonds, Series 1990 Matured in 2003 -- May 1994 $9,800,000 Capital Improvement Revenue Bonds, Series 1994 Issued to provide funds to acquire and improve the GTE building for County administrative offices Matured in 2007 -- July 1997 $7,145,000 Sales Tax Revenue Bonds, Series 1997 Issued to prepay a lease purchase agreement with Florida Power and Light Company. The original lease purchase was used to construct a centralized energy plant for Sarasota County Matured in 2007 -- December 1998 $7,220,000 Second Guaranteed Entitlement Refunding Revenue Bonds, Series 1998 Issued to refund the outstanding $8,675,000 Environmentally Sensitive Land Acquisition Revenue Bonds, Series 1992 Matured in 2011 -- July 2000 $9,995,000 Sales Tax Revenue Bonds, Series 2000 Issued to refund a portion of commercial paper loans used for the acquisition, construction and equipping of certain capital improvements Matured in 2010 -- May 2002 $9,995,000 Capital Improvement Refunding Revenue Bonds, Series 2002 Issued to advance refund a portion of the Capital Improvement Revenue Bonds, Series 1994 Refunded with First Guaranteed Entitlement Revenue Refunding Note, Series 2012 -- May 2002 $20,000,000 Limited Ad Valorem Tax Bonds (Environmentally Sensitive Land Protection Program), Series 2002 Issued to acquire and protect certain environmentally sensitive lands within Sarasota County Refunded with the Limited Ad Valorem Tax Refunding Bond, Series 2010 (Bank Term Loan) -- August 2002 $9,995,000 Sales Tax Revenue Bonds, Series 2002 Issued to refinance the outstanding commercial paper draw no. A-29-1 (Non-Utility) used to acquire and improve the International Trade Center (ITC) building Refunded with the Capital Improvement Revenue Refunding Note, Series 2012 -- February 2005 $17,165,000 Limited Ad Valorem Tax Bonds, Series 2005 Issued to acquire and protect certain environmentally sensitive lands within Sarasota County Matured in 2019 -- June 2005 $15,885,000 Communications Services Tax (CST) Revenue Bonds, Series 2005A Issued to finance the costs of design and construction of sidewalks throughout the County Refunded with Communication Services Tax Revenue Refunding Note, Series 2014 -- October 2005 $12,680,000 Communications Services Tax Revenue Bonds, Series 2005B Issued to fund the Webber Street transportation project Refunded with Communication Services Tax Revenue Refunding Note, Series 2014 -- October 2005 $14,890,000 Five-Cent Local Option Fuel Tax Revenue Bonds, Series 2005 Issued to fund the Center Road transportation project Refunded by the Five-Cent Local Option Tax Revenue Refunding Note, Series 2014 -- August 2006 $17,705,000 Communications Services Tax Revenue Bonds, Series 2006 Issued to finance the construction of Bahia Vista as well as other related improvements Partially refunded with Communication Service Tax Revenue Refunding Note, Series 2015 -- March 2008 $83,605,000 Limited Ad Valorem Tax Bonds, Series 2008 Issued to finance the costs of capital projects related to environmentally sensitive lands, neighborhood parklands and public recreation Limited Ad Valorem Tax Revenues: Partially advanced refunded by the Limited Ad Valorem Tax Refunding Bonds (Environmentally Sensitive Lands and Parkland Program), Series 2014 (Bank Loan) -- September 2008 $73,995,000 Infrastructure Sales Surtax Revenue Bonds, Series 2008A Issued to finance various infrastructure related capital projects Infrastructure Sales Surtax Revenues: Partially advanced refunded by the Infrastructure Sales Surtax Revenue Refunding Bonds, Series 2015 -- *Principal as of 9/30/19 does not include premium or discount on bonded debt. SarasotaClerk.com 27