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Section 4. That the sum of $3,781,948.00 is hereby appropriated out of the respective
<br />Interest and Sinking Funds for the purpose of paying accrued interest and making the principal
<br />payments on and creating the prescribed contingent and reserve funds for outstanding
<br />General Obligation Bonded Indebtedness as follows:
<br />G. O. BONDS REQUIREMENTS:
<br />SuRRMA Interlocal Coop
<br />Agreement -2012
<br />$
<br />100,827.00
<br />General Obligation Bonds 2013
<br />$
<br />1,499,338.00
<br />General Obligation Bonds 2017
<br />$
<br />636,536.00
<br />General Obligation Refunding
<br />$
<br />147,335.00
<br />Bonds -2020
<br />$
<br />206,182.00
<br />Tax Notes -2020
<br />$
<br />196,090.00
<br />Tax & Revenue COs 2021
<br />$
<br />1,142,975.00
<br />Total
<br />$ 3,781,948.00
<br />Section 5. That the sum of $20,987,300.00 based on the estimated Water and Sewer
<br />Budget, is hereby authorized out of utility fund revenues for the payment of operating
<br />expenses and capital outlay of Water and Sewer Utility Departments, as hereinafter
<br />itemized:
<br />WATER:
<br />Warehouse $ 123,628.00
<br />Billing & Collecting $ 2,908,540.00
<br />Water Production $ 3,619,463.00
<br />Water Distribution $ 1,765,305.00
<br />Sub -Total $ 8,416,936.00
<br />SEWER:
<br />Sewer Maintenance $ 959,441.00
<br />Waste Water Treatment $ 2,518,560.00
<br />Lift Station $ 477,423.00
<br />Sub -Total $ 3,955,424.00
<br />Total Operating Expense $12,372,360.00
<br />REVENUE BOND REQUIREMENTS FOR DEBT SERVICE:
<br />TWDB Loan 2013
<br />$
<br />167,385.00
<br />G.O. Bonds 2013
<br />$
<br />1,421888.00
<br />G.O. Bonds 2016
<br />$
<br />554,810.00
<br />G.O. Bonds 2018
<br />$
<br />147,335.00
<br />Tax & Revenue COs 2021
<br />$
<br />1,968,975.00
<br />Revenue Bonds 2022
<br />$
<br />1,711,737.00
<br />GO Pension Bonds 2022
<br />$
<br />1,143,475.00
<br />WWTP Phase 2 Bonds 2024
<br />$
<br />1,499,335.00
<br />Total Bond Requirements
<br />$ 8,614,940.00
<br />3
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