HomeMy WebLinkAboutExhibit 2Current Bonds
Series 1996 PAC and Series 1997 PAC
Series 2005A and 2005B
CDT Priority Commitments
Amount
$368,757,228 (outstanding principal amount)
$184,312,247
Existing Obligations
Miami Beach $4,500,000* Annual Payment
American Airlines Arena $6,400,000 Annual Payment (increases to $6.5 million in 2022-28)
Cultural Grants $1,000,000 Annual Payment
Performing Arts Center Trust $1,700,000 Annual Payment (increases to $2 million in 2012)
South Miami -Dade Cultural Center $770,000 Annual Payment
Proiects to be Financed (New Bonds)
Ballpark
Exhibit A
$81 million, but not Unused authorization shall be terminated after issuance of bonds
to exceed $100
million
*Pursuant to Interlocal Cooperation Agreement with the City of Miami Beach dated June 21, 1996, as amended, the annual payment
of $4,500,000 may be increased if CDT Receipts exceed a threshold that is greater than anticipated/projected CDT Receipts.