Bond/Loan History

SOUDERTON AREA SCHOOL DISTRICT
BOND HISTORY (SINCE 1987)

BOND ISSUES YEAR ISSUE AMOUNT PURPOSE/PROJECT CALL DATE PRINCIPAL AMOUNT OUTSTANDING AS OF 6-30-17
1987 $18,110,000 High School renovations   $0
1988 $5,000,000 Oak Ridge (new elementary school)   $0
1989 $5,000,000 Oak Ridge & other projects   $0
1989 $19,295,000 refund series of 1987 (High School)   $0
1992 $10,000,000 advance refund 88 & 89 $5,000,000 issues   $0
1994 $10,000,000 Indian Crest & Indian Valley additions/renovations   $0
1995 $10,000,000 Franconia renovations/additions, High School miscellaneous, West Broad modulars, other miscellaneous projects   $0
(Emmaus)
1996 $10,000,000 repay Emmaus (1995 Bond)   $0
1997 $16,030,000 refund 1992 & a portion of 1994   $0
1997A $17,530,000 refund series of 1989 (High School)   $0
1998 $9,995,000 Salford Hills renovations/additions, purchase of Administrative Offices, land purchase, and other miscellaneous projects   $0
2001 $9,995,000 construction of Vernfield Elementary   $0
2001A $7,785,000 refund series of 1996 (Franconia, High School, West Broad)   $0
2002 $10,000,000 refund series of 1997 (Oak Ridge, Indian Crest, Indian Valley)   $0
2003 $10,000,000 balance of Vernfield Elementary and High School land   $0
2003A $7,865,000 refund series of 1998 (Salford Hills, Administration Building)   $0
2004 $10,000,000 refund series of 1997A (High School renovation)   $0
2005 $45,000,000 partial financing of new High School   $0
2007 $46,920,000 completion of High School   $0
2009 A $14,105,000 Refund series A of 2001 (Franconia, High School, W. Broad), series of 2002 (Oak Ridge, Indian Crest, & Indian Valley), series of 2003 (Vernfield & High School), and series of 2004 (High School)   $0
2011 $5,225,522 Refund series of 2001 (Vernfield) Refinancing of 2006 bond Non-Callable $0
2009 AA $8,095,000 Refund series of 2003   $0
2009 $43,815,000 Refund series of 2007 (High School) 5/1/2019 $6,180,000
2013 $9,995,000 Refund portion of series of 2005 11/15/2018 $9,685,000
2014 $9,700,000 Refund portion of series of 2005 5/15/2019 $9,690,000
2015 $5,650,000 Refund series of 2009 AA 3/1/2020 $4,545,000
2015 A $19,680,000 Refund portion of series of 2005 Non-Callable $16,575,000
2017 $21,650,000 Refund series 2009 & new money Non-Callable $21,440,000
    TOTAL   $68,115,000