Outstanding and Porposed Debt of the City of Eagle - Eagle, City Treasurer - 11/29/2012 CERTIFICATION OF EAGLE CITY TREASURER
IN RE: OUTSTANDING AND PROPOSED DEBT OF
THE CITY OF EAGLE, ADA COUNTY, IDAHO
WHEREAS, Section 34-439, Idaho Code, as amended, requires a taxing district, prior to
submitting any question to its qualified electors that would authorize any bonded indebtedness,
to disclose certain financial information pertaining to that district's existing indebtedness and the
proposed indebtedness; and
WHEREAS, the City of Eagle, located in Ada County, Idaho (the "City"), has
determined to submit a question to the qualified electors of the City requesting approval of
certain capital improvements and betterments and the incurrence of bonded indebtedness to pay
part of the costs thereof;
NOW, THEREFORE, I, the undersigned Treasurer of the City of Eagle, Idaho, do hereby
certify that the Debt Disclosure Statement attached hereto, marked Exhibit "A" and hereby
incorporated by reference is accurate and complete as of the date of the special bond election to
be held and conducted by the City.
Dated this day of November, 2012.
,4
Sharon Bergmann
City Treasurer
STATE OF IDAHO )
) ss.
County of Ada )
SHARON BERGMANN, being first duly sworn, on oath deposes and says: that she is
the duly appointed and qualified Treasurer of the City of Eagle, Idaho; that she has read the
foregoing Certification, knows the contents thereof, and believes the same to be true.
C. _ L - • .4 .
Sharon Bergmann
SUBSCRIBED AND SWORN To before me, the undersigned Notary Public, this 021
day of November, 2012.
.�.•` Cr ARY •
otary P y,' c in ans for he State of Idaho,
+O Residing at �//14, lc' the ein
0 �G My commission expires: O///
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CITY OF EAGLE
DEBT DISCLOSURE STATEMENT
I. EXISTING DEBT:
Date of Original Unpaid Unpaid
Original Principal Principal To Interest To
Issuance Amount Date Date
General Obligation 05/15/1998 $2,850,000 $995,000 $129,875
Bond
II. PROPOSED NEW ISSUE:
A. Type of Indebtedness: General Obligation Bond
B. Anticipated Interest
Rate: 2.0 %
C. Range of Rates: 1.0 %to 4.0%
D. Proposed Principal
Amount: $1,200,000
E. Maximum Rate as
Shown on Ballot: No Maximum
III. TOTAL PROPOSED BONDED DEBT:
A. Principal Amount Payable
to Maturity $ 1,200,000
B. Interest Amount Payable
to Maturity $ 194,932
C. Total Debt- Proposed Issue ...$ 1,394,932