12PAYMENT DELIVERY AND APPLICATION OF PROCEEDS CERTIFICATE
KODIAK ISLAND BOROUGH ALASKA
$22660000
General Obligation School Bond 2014 Series
Karleton Short hereby certify as follows
am the duly appointed qualified and acting Finance Directorof the Kodiak Island
Borough Alaska the Borough and as such am authorized to execute this certificate
On thedate hereof delivered tothe Alaska Municipal Bond Bank Juneau Alaska
the Bond Bank the $22660000 General Obligation School Bond 2014 Series of the Borough
the 2014 Bond
At or before the timeof delivery of the 2014 Bond the Borough received from the
BondBank the following amounts as full payment for the 2014 Bond
Principal of 2014 Bond $22660000.00
Original issue premium 2427432.45
Total Sources of Funds $25087432.45
The Borough will apply the amount received from the BondBank as payment for
the 2014 Bond in the following manner
Project Fund $25000000.00
Debt Service Account 463.20
Costs of Issuance 20000.00
Underwriters Discount 66969.25
Total Uses of Funds $25087432.45
Dated February 20 2014
taJ IL
Karleton Short Finance Director
Deven Mitchell Executive Directorof the Alaska Municipal Bond Bank Juneau Alaska
hereby acknowledge receipt from the Kodiak Island Borough Alaska the Borough of the
following bond of the Borough
$22660 000 General Obligation School Bond 2014 Series
Dated February2o 2014
De itchell xecutive Director
ska Municipal BondBank