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Residential and Arterial Streets Projects <br />Thousands <br />The City anticipates issuing $8.4 million of Limited Tax General Obligation ("LTGO") <br />Bonds to the fund residential street projects: <br />42nd Avenue South: Design and construct street improvements, drainage, <br />sidewalks, bike facilities, and driveway adjustments ($6.4 million) <br />53rd Avenue South: Design and construct urban residential street improvements <br />that include curb, gutter, sidewalk, undergrounding, and illumination ($2 million) <br />The chart below shows estimated annual debt service payments for an $8.4 million LTGO <br />bond issued in late summer of 2017: <br />$700 <br />$600 <br />$500 <br />$400 <br />$300 <br />$200 <br />$100 <br />$0 <br />0 PFM <br />Estimated Annual Debt Service - LTGO Bonds, 2017 <br />'■b '■" (i5'. ri> 1:1' ri:' 1,4 rf2 l'f) ri,\ 115 ri,'1 4) ');\ ',,(1' ')," ,bt.' ,-4'-' ,,,Y) r);\ <br />o Q. o Q o o o o o o o o 0 0 0 0 0 0 0 <br />-1, -1, \l, <br />\ \ \ \ \ '■1\ \ '\1' <i \ 1 <v \ \ 1 \ \ \ \ \ <br />Maturity <br />*Assumes "AA" MMD rates as of 4/11/2017 plus 0.50% "cushion" <br />5 <br />