15.
Long-Term Debt
General Obligation Bonds (Public Offerings) and State Revolving Loans (Direct
Borrowing)
The City issues general obligation bonds and state revolving loans to provide funds for the
acquisition and construction of major capital facilities. The City has outstanding general
obligation bonds from public offerings totaling $260,827,500 related to governmental
activities. The City has general obligation bonds from public offerings and state revolving
loans related to business-type activities totaling $25,777,500 and $33,533,309,
respectively. General obligation bonds and state revolving loans currently outstanding are
as follows:
Amount
Serial Outstanding
Maturities Interest as of
Governmental Activities Through Rate % 6/30/21
Refunding for Refunded School Construction Series A 7/15/2021 0.85% $ 1,840,000
Refunding for Refunded Holman Stadium Series A 7/15/2021] 0.85% 330,000
Elm Street Middle School Fire Alarm 10/15/2021 2.06% 45,000
Elm Street Middle Schoo! Capital Equipment 10/15/2021 2.06% 35,000
Citywide Communication System Upgrade 4/1/2023 2.43% 280.000
Refunding for Refunded High School Construction 3/15/2024 2.04% 6,710,000
Nashua School Access Control System $/1/2024 2.96% 1,305,000
Public Safety Portable Radios 5/1/2024 2.96% $05,000
Radio Communications Lpgrade T/1S/2024 2.53% 5,170,000
Refunding for Senior Center 7/15/2025 1.74% 569.000
Refunding for Riverwalk 7/15/2025 1.74% 260,000
Refunding for Police Remodeling 2 7/15/2025 1.74% 134,000
Refunding for Police Remodeling | 7/15/2025 1.74% 69,000
Refunding for Fire Station 7/15/2026 1.74% 1,020,000
Refunding for Land Acquisition and Redevelopment 7/15/2026 1.74% 543,000
Refunding for Land Acquisition 7/15/2026 1.74% 110,000
Fire Pumper Truck 4/1/2028 2.43% 190,000
Refunding for Broad Street Parkway Construction 8/1/2030 0.79% 931,000
Refunding for High Street Garage Renovation 8/1/2030 0.78% 296,500
Refunding for Elm Street Garage Renovation 8/1/2030 0.80% 216,500
Fire Pumper Truck 10/1/2030 2.23% 325,000
Ledge Street School HVAC System Replacement 10/15/2031 3.04% 2.310,000
Broad Street Parkway Construction 10/15/2031 3.04% 1,375,000
Fairgrounds School HVAC System Replacement 10/15/2031 3.04% 830,000
Hunt Memorial Building Renovation 10/15/2031 3.04% $50,000
Nashua City Hall Renovation 10/15/2031 3.04% 275,000
Elm Street Middle School Roof Replacement 10/15/2031 3.04% 220.000
Telecom System 3/15/2032 2.37% 1,675,000
Charlotte Avenue School HVAC System Replacement 4/1/2033 2.43% 1,500,000
Broad Street Parkway Construction 4/1/2033 2.79% 1,250,000
Fire Ladder Truck 4/1/2033 2.43% 605,000
City Buildings Renovation 4/1/2033 2.43% 350,000
Multi-Year Road Paving Project 9/15/2033 2.89% 5,983,000
Broad Street Parkway Construction 5/1/2034 2.96% 14,955,000
Broad Street School Improvements 1/15/2034 2.53% 6.835.000
Broad Street Parkway Construction 7/15/2034 2.53% 6,110,000
(continued)
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