Title: Appendix C - Debt Summary
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Permanent Link: http://ufdc.ufl.edu/WL00004729/00001
 Material Information
Title: Appendix C - Debt Summary
Physical Description: Book
Language: English
Publisher: West Coat Regional Water Suupply Authority
 Subjects
Spatial Coverage: North America -- United States of America -- Florida
 Notes
Abstract: Jake Varn Collection - Appendix C - Debt Summary
General Note: Box 28, Folder 14 ( Governance Study for the Florida Legislature - September 10, 1996 ), Item 9
Funding: Digitized by the Legal Technology Institute in the Levin College of Law at the University of Florida.
 Record Information
Bibliographic ID: WL00004729
Volume ID: VID00001
Source Institution: Levin College of Law, University of Florida
Holding Location: Levin College of Law, University of Florida
Rights Management: All rights reserved by the source institution and holding location.

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APPENDIX C
Debt Summary








West Coast Regional Water Supply Authority Debt Summary


The facilities owned by West Coast are primarily financed by long term bond issuances. West Coast occasionally does take advantage
of refinancing opportunities, and some of the current issuances reflect these refinancing. The current outstanding balance of all debt
owed by West Coast is $113,460,890. The debt service for the Fiscal year ended September 30, 1995 was $12,952,435. This debt is
ultimately the responsibility of the member governments, most likely based upon current entitlements.


Regional System
Name of Name of Debt Issuance Date Debt Expiration Date Original Balance Current 1994/1995 Member
Facility Issuance Balance as of Debt Service Government(s
9/30/95 Cost ) Responsible
(principal (principal and for Obligation
outstanding) interest)
Cross Bar Capital August 1, 1979 Serial bonds 10/01/00 $18,200,000 $13,355,000 $1,335,916 Hillsborough
Ranch Improvement Term bonds 10/01/10 Tampa
Revenue Pasco
Bonds, Series Pinellas
1979 __ __ St. Petersburg
Cypress Wellfield January I, 1979 December 1, 2008 Principal only $18,965,832 $1,999,791 Hillsborough
Creek Obligation $28,745,743.46 Tampa
Principal and Pasco
Interest Pinellas
$62,394,037.20 St. Petersburg
Northwest Refunding October 15, 1985 Serial bonds 10/01/93 $45,744,044.45 $9,698,918 $2,440,000 Hillsborough
Hillsborough Revenue (except the Compound Compound interest serial bonds (**NW Hills. = Compound (**NW Hills. Tampa
Bonds, Series Interest 1985 Bonds, 10/01/06 (refunding revised 15.4% or interest serial = 15.4% or Pasco
1985 which are dated the expiration to 10/01/99) $7,044,582.85) bonds $375, 760) Pinellas
date of delivery) Current interest term bonds 10/01/13 (partially St. Petersburg
refunded in
fiscal 1990)
(**NW Hills.
= 15.4% or
$1,493,633)
Northwest Refunding October 1, 1989 Current interest serial bonds 10/01/99 $34,668,964.70 $37,189,882 $2,088,280 Hillsborough
Hillsborough Revenue (except the Capital Current interest term bonds 10/01/04 (**NW Hills. = (**NW Hills. (**NW Hills. Tampa
Bonds, Series Appreciation Bonds, Current interest term bonds 10/01/07 15.4% or = 15.4% or = 15.4% or Pasco
1989A which are dated the Capital appreciation serial bonds $5,339,020.56) $5,727,242) $321,595) Pinellas
date of delivery) 1 0/01/13 ______ St. Petersburg
Total $59,329,347 $39,541,707 $4,033,062
Regional
System


-- ~I








South Central Hillsborough
Name of Name of Debt Issuance Date Debt Expiration Date Original Balance Current 1994/1995 Member
Facility Issuance Balance Debt Service Government(
Cost s)
Responsible
for
Obligation
South Central Refunding October 15, 1985 Serial bonds 10/01/93 $45,744,044.45 $9,698,918 $2,440,000 Hillsborough
Hillsborough Revenue (except the Compound Compound interest serial bonds (**SC Hills. = Compound (**SC Hills. =
Bonds, Series Interest 1985 Bonds, 10/01/06 (refunding revised 84.6% or interest serial 84.6% or
1985 which are dated the expiration to 10/01/99) $38,699,461.60) bonds $2,064,240)
date of delivery) Current interest term bonds 10/01/13 (partially
refunded in
fiscal 1990)
(**SC Hills. =
84.6% or
$8,205,284)
South Central Refunding October 1, 1989 Current interest serial bonds 10/01/99 $34,668,964.70 $37,189,882 $2,088,280 Hillsborough
Hillsborough Revenue (except the Capital Current interest term bonds 10/01/04 (**SC Hills. = (**SC Hills. = (**SC Hills. =
Bonds, Series Appreciation Bonds, Current interest term bonds 10/01/07 84.6% or 84.6% or 84.6% or
1989A which are dated the Capital appreciation serial bonds $29,329,944.14) $31,462,640) $1,766,685)
date of delivery) 10/01/13
Total South -- $68,029,406 $39,667,924 $3,830,925
Central
Hillsborough

** The Series 1985 Refunding Revenue Bonds and the Series 1989A Refunding Revenue Bonds were allocated to the Northwest
Hillsborough Wellfield (Regional System) and the South Central Hillsborough Facility (which includes the South Central
Hillsborough Wellfield, the South Central Hillsborough Transmission Mains and the Lithia Pumping Station) based on percentages of
project costs as stated in the original official statement. The allocation percentages are as follows:
Northwest Wellfield 15.4%
South Central Wellfield Total 84.6%
South Central Wellfield 38.6%
Lithia Pumping Station 17.1%
South Central Transmission Mains 28.9%








Tampa Bypass Canal
Name of Name of Debt Issuance Date Debt Expiration Date Original Balance Current 1994/1995 Member
Facility Issuance Balance Debt Service Government(
Cost s)
Responsible
for
Obligation
Tampa 1990 Revenue December 1, 1990 12/1/95 $1,300,000 $136,871 $281,997 Tampa
Bypass Canal Notes
Total Tampa $1,300,000 $136,871 $281,997
Bypass Canal


Starkey I North Pasco
Name of Name of Debt Issuance Date Debt Expiration Date Original Balance Current 1994/1995 Member
Facility Issuance Balance Debt Service Government(
Cost s)
Responsible
for
Obligation
Starkey Refunding December 1, 1992 Serial bonds 10/01/06 $9,370,000 $8,765,000 $797,584 Pasco
Wellfield Revenue Term bonds 10/01/09 New Port
Bonds, Series Term bonds 10/01/13 Richey
1992
Starkey Wellfield December 15, 1981 9/1/98 Principal Only $151,716 $54,615 Pasco
Wellfield Obligation $600,130
Principal and
Interest $873,037
North Pasco $4,000,000 June 24, 1992 7/01/97 $4,000,000 $1,364,342 $731,365 Pasco
Revenue Note,
Series 1991
Total for $13,970,130 $10,281,058 $1,583,564
Starkey /
North Pasco


-`-~-----








Other
Name of Name of Debt Issuance Date Debt Expiration Date Original Balance Current 1994/1995 Member
Facility Issuance Balance Debt Service Government(
Cost s)
Responsible
for
Obligation
Northeast Revenue December 1, 1989 Current interest serial bonds 10/01/00 $22,280,463.25 $4,348,330 $3,222,887 Hillsborough
Brandon Bonds, Series (except the Capital Current interest term bonds 10/01/09 (partially
Wellfield 1989B Appreciation Bonds, Capital appreciation serial bonds refunded in
which are dated the 10/01/19 fiscal 1995)
date of delivery) Current
interest serial
bonds =
$965,000
Current
interest term
bonds =
$2,415,000
Capital
appreciation
bonds =
$968,330


Northeast Refunding April 1, 1995 Current interest serial bonds 10/01/11 $19,485,000 $19,485,000 $0 Hillsborough
Brandon Revenue Current interest term bonds 10/01/15
Wellfield Bonds, Series Current interest term bonds 10/01/19
1995
Total Other $41,765,463 $23,833,330 $3,222,887




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