Page 122 - Microsoft Word - Annual Report 2016

OFFICE OF THE TREASURER/COLLECTOR OF TAXES
REPORT OF OUTSTANDING DEBT
FISCAL YEAR 2016, ENDED JUNE 30, 2016
Outstanding debts as of June 30, 2016 were as follows:

Principal Balance Rate of interest payable Year of Year Year of
Purpose June 30, 2016 through remaining term Issue Callable Maturity

Long-term (Bonds):
Police Station Construction $ 727,000 3% 2012 N/A 2020
Mass Clean Water Trust Title V Repair Loans 46,127 0% 2001 N/A 2021
Municipal Purpose Loan # 1 (see below) 2,653,000 2.00% - 3.00% 2012 N/A 2022
Municipal Purpose Loan # 2 (see below) 1,935,000 4.00% - 4.75% 2008 2018 2026
Municipal Purpose Loan # 3 (see below) 140,000 3.00% 2009 N/A 2017
Municipal Purpose Loan # 4 (see below) 1,250,000 2.00% - 2.25% 2012 2023 2027
Municipal Purpose Loan # 5 (see below) 1,202,000 2.00% - 4.00% 2015 N/A 2025
Total Outstanding Principal--Bonds $ 7,953,127

Municipal Purpose Loan # 1 Municipal Purpose Loan # 2
Town Hall Construction $ 1,490,000 Haynes II Land Acquisition $ 1,100,000
Wunnegan Land Acquisition 1,068,000 Lincoln Hall Renovation 385,000
Spofford Road Drainage 65,000 Anvil Farm Land Acquisition 450,000
Fire Truck 30,000 Total Loan # 2 $ 1,935,000
Total Loan # 1 $ 2,653,000
Municipal Purpose Loan # 4
Municipal Purpose Loan # 3 Fire Truck $ 355,000
Lord, Lockwood, Haynes Land Acquisition $ 90,000 Sp. School Water System 330,000
Landfill Closure 50,000 Sp. School HVAC System 280,000
Total Loan # 3 $ 140,000 DPW Dump Truck 140,000
Colby Land Acquisition 145,000
Municipal Purpose Loan # 5 Total Loan # 4 $ 1,250,000
Nason Land Acquisition $ 86,000
Library Design 222,000
Fire Station Tight Tanks and Drains 102,000
Aaron Wood School Rehabilitation 792,000
Total Loan # 5 $ 1,202,000