SELF-SUPPORTING REVENUE BONDS Date Description Purpose Security/Refunding Principal as of 9/30/21* December 1987 $15,000,000 Solid Waste System Revenue Bonds, Series 1987 Issued for enhancements to the County's solid waste system, to advance refund $5,000,000 Capital Improvement Revenue Bonds, Series 1984, to satisfy $2,000,000 Capital Improvement Revenue Notes and a $3,462,655 promissory note Advance refunded by $15,035,000 Solid Waste Revenue Refunding Bonds, Series 1993 -- April 1989 $43,349,434 Utility System Revenue Bonds, Series 1989 Issued for enhancements to the County's water system Advance refunded by $90,845,000 Utility System Revenue Bonds, Series 1993 -- April 1990 $28,534,886 Utility System Revenue Bonds, Series 1989A Issued for enhancements to the County's water system Advance refunded by $90,845,000 Utility System Revenue Bonds, Series 1993 -- January 1993 $90,845,000 Utility System Revenue Refunding Bonds, Series 1993 Issued to advance refund $43,349,434 Utility System Revenue Bonds, Series 1989 and $28,534,886 Utility System Revenue Bonds, Series 1989A, and to retire commercial paper related to the Utility System Partially advance refunded by $77,235,000 Utility System Revenue Refunding Bonds, Series 2002C -- November 1993 $15,035,000 Solid Waste System Revenue Refunding Bonds, Series 1993 Issued to advance refund $15,000,000 Solid Waste System Revenue Bonds, Series 1987 Paid off in 2003 with excess fund balance -- December 1994 $43,805,000 Utility System Revenue Bonds, Series 1994 Issued to acquire and improve the Venice Gardens Utility System Advance refunded by $70,830,000 Utility System Revenue Refunding Bonds, Series 1996A -- February 1996 $70,830,000 Utility System Revenue Refunding Bonds, Series 1996A Issued to acquire and improve the Central Counties Utilities, Inc. and to advance refund the $43,805,000 Utility System Revenue Bonds, Series 1994 and to retire commercial paper related to the Utility System Partially refunded by $54,490,000 Utility System Revenue Refunding Bonds, Series 2005A -- March 1996 $49,770,000 Solid Waste System Revenue Bonds, Series 1996 Issued to develop the "Central County Solid Waste Disposal Complex" within the Pinelands Reserve, and to retire other loans related to this system Partially refunded by $39,835,000 Solid Waste System Revenue Refunding Bonds, Series 2005 -- April 1997 $41,285,000 Utility System Revenue Bonds, Series 1997 Issued to acquire Atlantic & Meadowood Utilities along with certain improvements to the Utility System Matured in 2007 -- June 1999 $42,675,000 Stormwater Utility Revenue Bonds, Series 1999 Issued to acquire and construct various stormwater improvements and retire some stormwater system commercial paper loans Paid off in 2013 with stormwater improvement assessments -- August 2002 $16,785,000 Utility System Revenue Bonds, Series 2002A Issued to acquire and improve the Florida Governmental Utility Authority (FGUA) System Partially refunded by $13,425,000 Utility System Revenue Refunding Bonds, Series 2011A -- August 2002 $9,800,000 Utility System Revenue Bonds, Series 2002B Issued to acquire and improve the Florida Governmental Utility Authority (FGUA) System Partially refunded by $13,425,000 Utility System Revenue Refunding Bonds, Series 2011A -- October 2002 $77,235,000 Utility System Revenue Refunding Bonds, Series 2002C Issued to refund the outstanding $90,845,000 Utility System Revenue Refunding Bonds, Series 1993, except for $6,260,000 of noncallable bonds maturing in 2008 and 2009 Partially advance refunded by $4,435,000 Utility System Revenue Refunding Bonds, Series 2011B and $39,435,000 Utility System Revenue Refunding Bonds, Series 2011D (Bank Term Loan) -- SarasotaClerk.com 29 *Principal as of 9/30/21 does not include premium or discount on bonded debt.
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