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31 <br /> Slide #5 <br /> Key Debt Model Metrics <br /> 3C42 L33L�. -a- 16A>1fr <br /> �paJ az ia�a case 1�.3a1i <br /> �o�x gaaan. aasx 16.e01[ <br /> ]LVS d'S]8�4 aSaO 15-0Qe <br /> ]QEti 6T G6n 1<iek 1d.S5n <br /> —T 7..93.9 it 19.T33. <br /> 2o3R Jxaza a i3R ia.®an <br /> ]019 JR.Ja?t aOaH sisal <br /> NOW hxlUdea"3Pn'23K B—Cro 01.M.le 2021.202"6 r/P proIM <br /> ORANGE COUNTY <br /> I I I CAROLINA <br /> Commissioner Hamilton asked if "Debt to AV" could be explained. <br /> Gary Donaldson said it was assessed value, or the tax based. He resumed the <br /> PowerPoint presentation: <br /> Slide #6 <br /> Key Financing Terms <br /> A Security Pledge-County assets and annual County appropriations <br /> Y Maturity Term-S-20k'ear maturities.matches the useful life of the assets <br /> i* Estimabed Interest Rates-2-a%subject to market conditions <br /> 5edes 202 <br /> 1 Limited Obllgatlon Bonds Maximum Annual Debt serylce not exceeding 51,4 <br /> All IIon j FY 2922-23) <br /> Y Souroe of Repayment-property Tax,Solid Waste Fees and Sportsplex Fees <br /> Y Limited Obligation Bonds are Subordinate Lien to AAA General Obligation Bonds <br /> Y Anticipated Limited Obligation Bonds,-AAVAA+,IAA+from Moody's,Standard&Poor's and <br /> Fitch.Ratings <br /> *r_a— <br /> ORANGE COUNTY <br /> N401M I CAROLINA <br />