Proposed Bond Election Information

October 12, 2015

SAMCO Capital Markets, Inc.

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PROJECTED PERCENT LESS PERCENT NET PROJECTEDFISCAL VENUE ANNUAL ESTIMATED ANNUAL VENUEYEAR SALES TAX REVENUE ANNUAL EXPENSE SALES TAX30-Sep REVENUES GROWTH EXPENSES GROWTH REVENUES

2015 229,398.03 (3,000.00) 226,398.032016 245,455.89 7.00% (3,060.00) 2.00% 242,395.892017 261,410.53 6.50% (3,121.20) 2.00% 258,289.332018 277,095.16 6.00% (3,183.62) 2.00% 273,911.532019 278,480.63 0.50% (3,247.30) 2.00% 275,233.342020 279,873.04 0.50% (3,312.24) 2.00% 276,560.792021 281,272.40 0.50% (3,378.49) 2.00% 277,893.912022 282,678.76 0.50% (3,412.27) 1.00% 279,266.492023 284,092.16 0.50% (3,446.39) 1.00% 280,645.762024 285,512.62 0.50% (3,480.86) 1.00% 282,031.762025 286,940.18 0.50% (3,515.67) 1.00% 283,424.512026 288,374.88 0.50% (3,550.82) 1.00% 284,824.062027 289,816.76 0.50% (3,586.33) 1.00% 286,230.422028 291,265.84 0.50% (3,622.20) 1.00% 287,643.642029 292,722.17 0.50% (3,658.42) 1.00% 289,063.752030 294,185.78 0.50% (3,695.00) 1.00% 290,490.782031 295,656.71 0.50% (3,731.95) 1.00% 291,924.762032 297,134.99 0.50% (3,769.27) 1.00% 293,365.722033 298,620.67 0.50% (3,806.96) 1.00% 294,813.702034 300,113.77 0.50% (3,845.03) 1.00% 296,268.742035 301,614.34 0.50% (3,883.48) 1.00% 297,730.862036 303,122.41 0.50% (3,922.32) 1.00% 299,200.092037 304,638.02 0.50% (3,961.54) 1.00% 300,676.482038 306,161.21 0.50% (4,001.16) 1.00% 302,160.062039 307,692.02 0.50% (4,041.17) 1.00% 303,650.852040 309,230.48 0.50% (4,081.58) 1.00% 305,148.902041 310,776.63 0.50% (4,122.40) 1.00% 306,654.24

SCHEDULE OF PROJECTEDSALES TAX REVENUES

25 YEARS

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NET ANNUAL LESSFISCAL VENUE PROJECTED CUMULATIVEYEAR SALES TAX DEBT SERVICE EXCESS30-Sep REVENUES REQUIREMENTS REVENUES

2016 242,395.89 (88,492) 153,9042017 258,289.33 (234,958) 177,2362018 273,911.53 (236,370) 214,7782019 275,233.34 (237,578) 252,4332020 276,560.79 (238,580) 290,4142021 277,893.91 (239,378) 328,9312022 279,266.49 (235,073) 373,1252023 280,645.76 (235,665) 418,1052024 282,031.76 (236,053) 464,0852025 283,424.51 (236,235) 511,2742026 284,824.06 (236,213) 559,8862027 286,230.42 (235,985) 610,1312028 287,643.64 (235,553) 662,2222029 289,063.75 (234,915) 716,3712030 290,490.78 (234,073) 772,7892031 291,924.76 (237,923) 826,7922032 293,365.72 (236,465) 883,6922033 294,813.70 (234,803) 943,7032034 296,268.74 (237,833) 1,002,1402035 297,730.86 (235,555) 1,064,3162036 299,200.09 (237,970) 1,125,5462037 300,676.48 (235,078) 1,191,1452038 302,160.06 (236,878) 1,256,4272039 303,650.85 (238,268) 1,321,8112040 305,148.90 (239,248) 1,387,7122041 306,654.24 (239,818) 1,454,549

PROJECTED CASH FLOW SCENARIOFOR PROPOSED BOND ISSUE

25 YEARS

Annual Projected Venue Revenues vs. Debt Service

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2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

2033

2034

2035

2036

2037

2038

2039

2040

2041

0.00

50,000.00

100,000.00

150,000.00

200,000.00

250,000.00

300,000.00

350,000.00

Annual Venue Sales Tax Revenues Projected Annual Debt Service

• Bond Issue Information and Assumptions:– Proposed length of amortization – 25 years– Estimated Interest Rate used in Projection – 4.10% tax exempt– Early Redemption Provisions

• The Bonds will have an option to be called (prepaid) in 8 to 10 years or shorter if possible

– Bonds will be repaid with venue tax revenues

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61 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 300.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00

4.50

5.00

Historical Municipal Market Data (MMD) Scale

Aug-13Nov-13Feb-14May-14Aug-14Nov-14Feb-15May-158/25/1515-Oct

• Some Key Dates for Election– Early Voting Begins – Monday, October 19– Early Voting Ends – Friday, October 30– Election Day – Tuesday, November 3

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