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Issuance of 2017A G.O. Bonds <br />Issued 2017A Equipment Certificate -$520,000 <br />◦New Fire Engine (replacing 1985 Engine 13) <br />Issued 2017A Refunding 2009A Bonds - <br />$2,190,000 <br />◦Reduction in Interest rate yielded a net present value <br />benefit $175,468 <br />Issuance of 2017A G.O. Bonds <br />2017A Street & Utilities Improvement - <br />$2,600,000 <br />◦Penrod Lane, Skycroft Dr. to 36th Ave. <br />◦Skycroft Drive, Penrod Ln. to Maplewood Dr. <br />◦Chelmsford Road, Maplewood Dr. to 36th Ave. <br />◦Maplewood Drive, Skycroft Dr. to Highcrest Rd. <br />Average Homeowner pays $51.41 monthly for road, <br />utility, parks and facility improvements <br />32