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PROJECT COSTS <br />The 2017 capital expenditure of approximately $919,065 for the reconstruction of Alpine Drive and <br />overlay of streets in Rivers Bend is to be funded with $995,000 in bond proceeds. <br />Total Issue Sources And Uses <br />Dated 05/0112017 1 Delivered 05/01/2017 <br />Sources Of Funds <br />Par Amount of Bonds <br />Street Issue <br />Reconstruction Overlay Summary <br />$810,000.00 $185,000.00 $995,000.00 <br />Total Sources $810,000.00 $185,000.00 $995,000.00 <br />Uses Of Funds <br />Total Underwriter's Discount (1.500%) <br />12,150.00 <br />2,775.00 <br />14,925.00 <br />Costs of Issuance <br />32,562.82 <br />7,437.18 <br />40,000.00 <br />Deposit to Capitalized Interest (CIF) Fund <br />14,695.42 <br />3,396.25 <br />18,091.67 <br />Deposit to Project Construction Fund <br />747,180.00 <br />171,885.00 <br />919,065.00 <br />Rounding Amount <br />3,411.76 <br />(493.43) <br />2,918.33 <br />Total Uses $810,000.00 $185,000.00 $995,000.00 <br />Ehlers & Associates, Inc. Page 7 <br />