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City of Fayetteville, AR, Hotel, Motel and Restaurant Gross Receipts Tax and Tourism Revenue Capital Improvement and Refunding Bonds, Series 2014

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City of Fayetteville, AR, Hotel, Motel and Restaurant Gross Receipts Tax and Tourism Revenue Capital Improvement and Refunding Bonds, Series 2014 City of Fayetteville, AR, Hotel, Motel and Restaurant Gross Receipts Tax and Tourism Revenue Capital Improvement and Refunding Bonds, Series 2014 EMMA Link - issuer's most recent https://emma.msrb.org/IssueView/IssueDetails.aspx?id=ER364381 disclosures Most Recent Update 8/1/2019 Bonds Dated Date 11/1/2014 Use of Proceeds The Bonds are being issued to refund certain outstanding obligations of the Issuer and fund ariousv capital improvements. The Bonds are secured be a pledge of the receipts from a 1% city-wide tax (the "Tax”) levied by the City upon the gross receipts and gross proceeds derived from renting, leasing, or otherwise furnishing hotel or motel accommodations orf profit within the City and Bond Security the portion of gross receipts or gross proceeds received by restaurants, cafes, cafeterias and other similar businesses from the sale of prepared food and beverages for on-premises or off-premises consumption. BAM Insured First Optional Optional CUSIPs Payment Date Principal Amount Coupon Redemption Date Redemption Price 312665AE2 11/1/19 320,000 2.500% 312665AF9 11/1/20 330,000 2.750% 312665AG7 11/1/21 335,000 3.000% 312665AH5 11/1/22 345,000 3.000% 312665AJ1 11/1/23 355,000 3.000% 312665AK8 11/1/24 370,000 3.000% 312665AL6 11/1/25 380,000 3.000% 11/1/24 100% 312665AM4 11/1/29 1,655,000 4.000% 11/1/24 100% 312665AN2 11/1/34 2,525,000 5.000% 11/1/24 100% 312665AP7 11/1/39 3,145,000 3.750% 11/1/24 100% Total 9,760,000 CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association yb Standard & Poor's Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. "CUSIP" is a egisr tered trademark of the American Bankers Association. Population Unemployment Rate 100 000 20% 75 000 15% 50 000 10% 25 000 5% 0 2000 2012 2013 2014 2015 2016 2017 58,047 77,033 79,019 80,822 82,830 83,826 85,257 0% 2012 2013 2014 2015 2016 2017 Fayetteville (City of) Fayetteville (City of) US LIMITATIONS ON USE - SEE PAGE 2 Page 1 of 2 Issuer: City of Fayetteville State: AR County: Washington Sector: Dedicated Excise - City or Town Employment by Industry - 2017* Demographic & Economic Information* Washington County As % of State As % of US # of People Description % Total Population (2017)** 85,257 Employed Gov't & Gov't Ent 21,141 14.8% Median Household Income (2017)*** 43,813 100.0% 76.0% Health Care & Social Assistance 16,509 11.5% Median Housing Value (2017)*** 118,500 100.0% 61.2% Retail Trade 15,161 10.6% Per Capita Income (2017)*** 24,426 100.0% 78.3% Manufacturing 13,270 9.3% Poverty Rate (2017)*** 18.1% 100.0% 124.0% Accommodation & oodF Svcs 12,035 8.4% Unemployment Rate (2017)** 2.7% 73.0% 61.4% *Source: Bureau of Economic Analysis *As of the date of the Most Recent Update ** Data for Fayetteville (city) *** Data for Arkansas (state) Historical Tax Revenues ($000) and Coverage Total Pledged Revenues ($000) $4 000 Year 2018 2017 2016 2015 2014 Historical Pledged Revenues 3,545 3,421 3,303 3,080 2,792 $2 000 As Reported Total Debt Service As Reported Total Coverage $0 (X) 2014 2015 2016 2017 2018 2,792 3,080 3,302 3,421 3,545 Total Pledged Revenues Location Description: The City is located in northwestern Arkansas, approximately 185 miles northwest of Little ock,R AR and 125 miles east of Tulsa, OK. All Ratios are calculated using the most recent Financial and Demographic data available. Notes Financial data is not adjusted for restatements in prior years. LIMITATIONS ON USE By using this BAM Credit Profile ouy agree to the Terms of Use set forth in BAM's website located at https://buildamerica.com/termsofuse/. The information onc tained in this BAM Credit Profile has been obtained or derived from the issuer and various public sources, is for informational purposes only, may be subject to change, and is provided on an "as is" basis. BAM does not represent that such information is accurate, timely or complete and BAM disclaims any and all liability relating ot the information onc tained herein, in the Official aSt tement, or in the issuer's continuing disclosure documents. In no event will BAM, its employees or officers be liable to any party for any damages, costs, expenses, legal fees or losses in connection with any use of or reliance on the information onc tained herein, in the Official aSt tement or in issuer's continuing disclosure documents, even if advised of the possibility of such damages. The information should not be eliedr upon and is not a substitute for the skill, judgment or experience of the investor, its management, employees, advisors and/or clients when making investment decisions. BAM does not act as a fiduciary or an advisor (investment, municipal or otherwise) and nothing herein shall be construed as a recommendation or advice given by BAM as to the sale or purchase of any securities. AMB Credit Profiles are produced for purchasers of bonds or other securities insured by BAM, and BAM members, rather than investors generally. The Official aSt tement will identify the bonds or other securities that are insured by BAM. A BAM Credit Profile is not intended to be an offer to sell or a solicitation of an offer to buy any securities and should not be used or considered as such under any circumstances. Any such offer or solicitation is made only by means of the issuer's Official Statement. © 2019, Build America Mutual Assurance Company Page 2 of 2.
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