Tab_70Form 8O38G
I
Information Return for Tax-Exempt Governmental Obligations I
(Rev. September 2011) llp ' Under internal Revenue Code section 149(e) I OMB No. 1545-0720
Department of the Treasury
00 See separate instructions.
Internal Revenue Service Caution: If the issue price is under $100,000, use Form 8038-GC.
•TIU Rnnrtinn Authority If Amended Return, check here " Li
1 Issuer's name - 2 Issuer's employer identification number (EIN)
Aleutians East Borough, Alaska 92-0124066
3a Name of person (other than issuer) with whom the IRS may communicate about this return (see instructions) 3b Telephone number of other person shown on 3a
4 Number and street (or P.O. box if mail is not delivered to street address) Room/suite 5 Report number (For IRS Use Only)
P.O. Box 349 13
6 City, town, or post office, state, and ZIP code 7 Date of issue
Sand Point, AK 99611 November 3, 2016
8 Name of issue 9 CUSIP number
General Obligation Refunding Bond, 2016 N/A
lOa Name and title of officer or other employee of the issuer whom the IRS may call for more information (see lOb Telephone number of officer or other
instructions) employee shown on iDa
Rick Gifford, Borough Administrator 907-274-7566
I. l,.r.+rn' +h c,c,l , so,, tho ir,QtrI irtinn4z c,nrf oftorh rharh iIA
11 Education ...............................
12 Health and hospital ..........................
13 Transportation ............................
14 Public safety .............................
15 Environment (including sewage bonds) .....................15
16 Housing ..............................
17 Utilities ...............................
18 Other. Describe Current refunding of General Obligation Refunding Bond, 2007
19 If obligations are TANS or RANs, check only box 19a ............. Li
If obligations are BANS, check only box 19b ................" Li
' Li 20 If obligations are in the form of a lease or Installment sale check box 1110
12 .__________
13 .__________
14 .__________
16 __________
16 20,027,744 NMI
h1TIIlI Description of Obligations. Complete for the entire issue for which this form is being filed. -
(a) Final maturity date (b) Issue price (c) Stated redemption
price at maturity
(d) Weighted
average maturity (e) Yield
21 12/01/2028 20,027,744 $ 17.1.55.0001 7.8139 years 2.5985 %
ITIL!.1 Uses of Proceeds of bond issue(including unaerwriters' aiscounij
22 Proceeds used for accrued interest .....................I 22
20,027,744 23
24
25
26
27
Issue price of entire issue (enter amount from line 21, column (b)) ............23
Proceeds used for bond issuance costs (including underwriters' discount) . . 24 130,455
Proceeds used for credit enhancement .............25 11,714
Proceeds allocated to reasonably required reserve or replacement fund . 26
MI
28
Proceeds used to currently refund prior issues ..........27 19,883,396
Proceeds used to advance refund prior issues ..........28
29
30
Total (add lines 24 through 28) ........................29
Nonrefunding proceeds of the issue (subtract line 29 from line 23 and enter amount here) . .
20,025,565
30 1 2,179
-
IJflTh'l Description of Refunded Bonds. Complete this part only for refunding bonds.
31 Enter the remaining weighted average maturity of the bonds to be currently refunded . . . ' 7.6035 years
32 Enter the remaining weighted average maturity of the bonds to be advance refunded . . . . Do- years
33 Enter the last date on which the refunded bonds will be called (MM/DD/YYYY) ...... 12/05/2016
34 Enter the date(s) the refunded bonds were issued ' (MM/DD/YYYY) 04/05/2007
For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 63773S Form 8038-G (Rev. 9-2011)
Form 8038-C (Rev. 9-2011) Page 2
Miscellaneous
35 Enter the amount of the state volume cap allocated to the issue under section 141 (b)(5) . . . 35
36a Enter the amount of gross proceeds invested or to be invested in a guaranteed investment contract 1jjj,
(GIC) (see instructions) ..........................36a
b Enter the final maturity date of the GIC
C Enter the name of the GIC provider I
37 Pooled financings Enter the amount of the proceeds of this issue that are to be used to make loans jI1
to other governmental units .........................37
38a If this issue is a loan made from the proceeds of another tax-exempt issue, check box and enter the following information:
b Enter the date of the master pool obligation
C Enter the EIN of the issuer of the master pool obligationPo-
d Enter the name of the issuer of the master pool obligation
39 If the issuer has designated the issue under section 265(b)(3)(B)(1)(1I1) (small issuer exception), check box . . . .El
40 If the issuer has elected to pay a penalty in lieu of arbitrage rebate, check box ............. LI
41a If the issuer has identified a hedge, check here LI and enter the following information:
b Name of hedge provider
C Type ofhedge
d Term ofhedge
42 If the issuer has superintegrated the hedge, check box ......................LI
43 If the issuer has established written procedures to ensure that all nonqualified bonds of this issue are remediated
according to the requirements under the Code and Regulations (see instructions), check box ........
44 If the issuer has established written procedures to monitor the requirements of section 148, check box ......LI
45a If some portion of the proceeds was used to reimburse expenditures, check here LI and enter the amount
of reimbursement ..........
b Enter the date the official intent was adopted '
Under penalties of perjury, I declare that i have examined this return and accompanying schedules and statements, and to the best of my knowledge
Signature and belief, they are true, correct, and complete. I further declare that i consent to the IRS's disclosure of the issuer's return information, as necessary to
and process this ret above. Rick Gifford
Consent 11/03/2016 Borough Administrator
Signature of Issuer's auth representative Date Type or print name and title
Date Check E]it PTIN
Paid Print/Type preparer's name I Preparer's
11/03/2016 self-employed ( P01061698
Preparer Marc R. Greenough
Use Only Firm's name Foster Pepper PLLC I Firm's E1N 91-0606972
Firms address 1111 Third Avenue, Suite 3000, Seattle, WA 98101 1 Phone no. (206) 4474400
Form 8038-G (Rev. 9-2011)