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I, RICK GIFFORD, hereby certify as follows:
1. I am the duly appointed, qualified and acting Borough Administrator of the
Aleutians East Borough, Alaska (the "Borough"), and as such am authorized to execute this
certificate.
2. On the date hereof, I delivered to the Bond Bank the $17,155,000 principal
amount General Obligation Refunding Bond, 2016 of the Borough (the "Bond").
3. At or before the time of delivery of the Bond, the Borough received from the
Bond Bank the following amounts as full payment for the Bond:
Principal of Bond
Plus original issue premium
Total
Less underwriters' discount
Less surety policy
Less deposit to refunding escrow
Less Bond Bank costs of issuance
Total
$17,155,000.00
2,872,744.10
$20,027,744.10
$ 53,220.67
11,714.16
19,883,396.46
49,734.54
$ 29,678.27
From the net proceeds received from the sale of the Bond to the Bond Bank the amount
of $2,178.27 is being deposited to the Debt Service Fund, and $27,500.00 is being applied to pay
the Borough's costs of issuing the Bond.
Dated: November 3, 2016.
Rick Gifford. Borough Administrator
I, Deven J. Mitchell, Executive Director of the Alaska Municipal Bond Bank, Juneau,
Alaska, hereby acknowledge receipt from the Aleutians East Borough, Alaska (the "Borough")
of the $17,155,000 principal amount General Obligation Refunding Bond, 2016 of the Borough.
Dated: November 3, 2016
J. Mil!thell, Executive Director
Municipal Bond Bank
51551615.1