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18 <br /> 1 Slide#4 <br /> Key Financing Terms <br /> 5ecu city Pleog�L-County Assets serve as Collatera I and subject W Annual County <br /> Appropriations <br /> Maturity Term- 7-2DYear maturities matches the useful life of the assets <br /> Feuruar�1 and August 1 RepdVment Dates to Banat Trustee;First Interest PaymerEt <br /> February 2024 conistent with the Debt Model <br /> i Estimated Interest Pates- Between 3-4%subject to market ranciitians <br /> Series 2D23 Li mitEd Qbl igation Bands Maximum Ann ual Cebt Senriae not exceedi ng$2.01 <br /> millioninFT 2D25 abased an€urrentmarliet interest rates) <br /> Y Source of Repepment-Property Taxes,there Is no Enterprise Fund Projects with this <br /> flea ncing. <br /> > Umited Obi igation Binds are 5ubardinate Lien to AAA Genera Obligation Mrbds <br /> Currenk Limited Obllgatlon Bands-AA1{AA+/AA*from nnoodv%5tandarC*WWNlG&1Z0UNTY <br /> FItCh Ratlrris POR73 t C-AX ANA <br /> 2 <br /> 3 <br /> 4 Slide #5 <br /> Debt Service Model Metric <br /> Debt WIS 7G-5-ear Phut DO In 0 L610 GF Rmmii s <br /> 2123 :5 d:=: 116ti� <br /> 204 W.CF5 111L% iaff—� <br /> 2C.5 M 6 175% 1$7W <br /> 1Nd rpM Lla 14:% <br /> _ PIN IBM <br /> 2M WN 1.n 15.(A% <br /> :G3C 7. 6tl!l 15.17% <br /> 2001 9Lu%. 1T11 15 7-D% <br /> am L6A 15 6D% <br /> 2033 91% 15IN 15 6^ <br /> ORANGE COUNTY <br /> NOFM t CA3kOLINA <br /> 5 <br />