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Review of 2014 LTGO Bonds and Note <br />In December 2014, the City issued its $2.25 million Limited Tax General Obligation Bond <br />Anticipation Note, 2014 (the "2014 Note") and $3.85 million Limited Tax General Obligation <br />Bonds, 2014 (the "2014 Bonds") <br />. Both were used to acquire properties along Tukwila International Boulevard <br />'The 2014 Note has a final maturity of December 1, 2017 <br />'The 2014 Bond has a final maturity of December 1, 2034, and is subject to optional <br />redemption on December 1, 2019 <br />'At the time of issuance, the City anticipated using proceeds from a subsequent sale of the <br />TIB properties to repay the 2014 Note <br />'As the maturity date approaches, the City may consider alternatives for repayment or <br />refinancing the 2014 Note <br />0 PFM <br />7 <br />