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5 <br /> Spring 2021 Financing — Limited Obligation Bonds <br /> 9. The County sold Series 2021A and B Limited Obligation Bonds on June 3, 2021 as part of <br /> the Spring 2021 financing package. This budget amendment provides for the Cost of <br /> Issuance and Underwriter's Discount related to the Spring 2021 financing package of <br /> $412,651 in the General Fund, $16,648 in the Sportsplex Renewal and Replacement Fund, <br /> and $7,647 in the Solid Waste Renewal and Replacement Fund to be included in the overall <br /> Debt Service budgeted expenditures, and provides for the receipt of the financing proceeds <br /> to cover the cost of these expenditures in each appropriate fund. (See Attachment 1, <br /> column #9). <br /> SOCIAL JUSTICE IMPACT: There are no Orange County Social Justice Goals associated <br /> with this item. <br /> County Capital Projects — Repurposing Funds <br /> 10.The Department of Environment, Agriculture, and Parks and Recreation (DEAPR) has <br /> requested the repurposing of $222,630 in available funds from the River Park Capital <br /> Project to the Blackwood Farm Park to help cover the costs of the amphitheater <br /> performance shell that was originally planned for the River Park project, but will now be <br /> located at the Blackwood Farm Park. This budget amendment provides for the repurposing <br /> of these funds from the River Park Capital Project to the Blackwood Farm Park Capital <br /> Project, and amends the following Capital Project Ordinances: <br /> River Park(-$222,630) - Project#20032 <br /> Revenues for thisproject: <br /> Current Budget FY 2020-21 FY 2020-21 <br /> FY 2020-21 Amendment Revised Budget <br /> Alternative Financing $350,000 $222,630 $127,370 <br /> Grant Revenue $150,000 $0 $150,000 <br /> Total Project Funding $500,000 $222,630 $277,370 <br /> Appropriated for this project: <br /> Current Budget FY 2020-21 FY 2020-21 <br /> FY 2020-21 Amendment Revised Budget <br /> River Park Project $500,000 $222,630 $277,370 <br /> Total Costs $500,000 ($222,630) $277,370 <br /> Blackwood Farm Park($222,630) - Project#20037 <br /> Revenues for this project: <br /> Current Budget FY 2020-21 FY 2020-21 <br /> FY 2020-21 Amendment Revised Budget <br /> Alternative Financing $3,235,000 $222,630 $3.457,630 <br /> General Government Revenue $157,400 $0 $157,400 <br /> From General Fund $135,440 $0 $135,440 <br /> From Other Projects $120,000 $0 $120,000 <br /> Total Project Funding $3,647,840 $222,630 $3,870,470 <br />