Orange County NC Website
Browse       Search
18 <br /> Slide #4 <br /> Key Financing Terms <br /> 5ecuri#y Pledge-Couoty assets sew as C.allateraI and subject to Annual county <br /> Appropriations <br /> Maturity Term-7-20Year m-aturities mabehes the useful rife of the assets <br /> A- FebrUarp 1 an4 MOW 1 RepayfrVAt Dates to Bank Trustee;First Interest Payment <br /> February 2024 oanslstent with the Debt Model <br /> Estimated Interest Pates- Between 3-49A subject to market mnditiarrs <br /> Series 2D23 Limited Qbligation Sands Maximum Annual Debt Service not exceeding$2.01 <br /> mi II ion i n FT 2025 I based are cu rrent market interest rates) <br /> Sou roe of Repayment-Property Taxes,thefe is no Enterpnse Fund Projects with rnts <br /> financing, <br /> Limited Ohl igation Sands are 5ubordinabe Lien ba AAA General Obligation Rands <br /> 7,. Current Li miteO Obligation E3on6-AAi{AA+/AAf from nnoodv's,S a nddri WWG&l!LQUNTY <br /> Slide #5 <br /> Debt Service Model Metric <br /> W Rolm "r Pa ct W IM M C6 to GF Retimues <br /> 2C21 FDd2o-. 142t P-14r} <br /> 2a:4 670% ifla t E <br /> 2ND XIM lob I-, <br /> 207 73X% ITA ].902% <br /> • 77&W i Fi�lk <br /> 2 8737�6 1$Cx _ 1�.0-0�6 <br /> zap: iL Fi <br /> . VIM Lft 1 9.6x <br /> y��y �I_fJ}� <br /> QI�lyANGE COUNTY <br />