Financing Options I. Bond Issues 1. General Obligation 2. Leasehold Revenue 3. Certificates of Participation (COPs) II. State DNR SRF/Grant Program Revenue Bonds III. Other Lease Agreements IV. Incentive Programs 1. Transportation Development Districts (TDDs) 2. Community Development Districts (CIDs) 3. Neighborhood Improvement Districts (NIDs) 4. Chapter 353 Redevelopments 5. Tax Increment Financing (TIFs)

General Obligation Bonds Debt service on real and personal property Used to develop municipal building, to construct streets, for sewer lines, or to acquire property.  A vote of four-sevenths (4/7) or 57%of the qualified voters voting at the general municipal election, primary or general elections.  A vote of two-thirds (2/3) or 67% of the qualified voters voting is required at all other elections.  Limited to10% of the total assessed valuation of the taxable property of the City. Additional 10% allowed for the acquiring rights-of-way, constructing, extending, and improving streets; sanitary or storm sewer system..

General Obligation Bonds - Limits The following table sets forth the City’s debt limit and debt margin: City PurposesStreet, Sewer, Addl Limit 2010 Assessed Value(12/31/10)$621,555,804$621,555,804 Debt Limit – 10% of Assessed 62,155,580 62,155,580 Less: General Obligation Bonds 1,045,000 0 (Bear Creek NID) Legal Debt Margin $61,110,580 $62,155,580 Rate/100 $9.832 $ The Bear Creek NID are the City’s only outstanding General Obligation Bonds. The NID for the West Pearce Community Improvement District will also fall into this category if or when NID bonds are actually issued.

Leasehold Revenue Bonds Leasehold Revenue Bonds are obligations secured by annually appropriated funds do not constitute an indebtedness for purposes of any Missouri statutory or constitutional debt limit. The City uses the proceeds of the Capital Sales Tax, Transportation Sales Tax, and water/wastewater revenues as sources of revenue for these bonds.

The following table sets forth the City’s outstanding Leasehold Revenue Bonds as of December 31, 2010: OriginalRevenue 12/31/10 IssueAmountPurposeSourceBalanceExpires Series 1999 Wtr$1,380,000Water TowerCapital Fund$530,00012/15/15 TIF 1,815,000and Sachs BusWtr Revenue 0 $3,195,000TIF Proceeds$530,000 Refunding 1995 Water Improvements and 1999 TIF Series 2005 $7,450,000Water TowerWater Revenue$6,105,0007/1/25 West Booster Water Lines Series 2006 $2,725,000WastewaterCapital Fund$1,835,0002/15/17 Refunding 1997 BondsPlant ExpansionWastewater Revenue Series 2008 $5,630,000South Lift Station Wastewater $4,825,0007/1/22 Refunding 2002 BondsDetention Lake Capital Fund

Certificates of Participation In December of 2010 and January of 2011, the City sold Certificates of Participation. These are like Leasehold Bonds, but the City sells the bonds directly and does not use a 3 rd party like the Wentzville Economic Development Corporation.  2010A Series was used to refinance the 2004 Leasehold Bonds, thus making the LEC building available as collateral for the 2010B and 2011 COPS.  2010B and 2011 COPs are funding the Park projects Splash Station, Heartland Park, and Peruque Valley Park.

The following table sets forth the City’s outstanding Certificates of Participation as of December 31, 2010: OriginalRevenue 12/31/10 IssueAmountPurposeSourceBalanceExpires Series 2010A $5,555,000LEC BuildingCapital Fund$5,55,0002/1/21 Series 2010B $3,710,000Park ProjectsPark Fund$3,710,0008/1/32 Series 2011 $18,900,000Park ProjectsPark FundSold 2/3/118/1/ B is interest payments only until 8/1/2030 when principal will be paid through 8/1/2032. The total interest amount over the 21 year schedule on Series 2010B is $5,226, with the Recovery Zone subsidy paying $2,351, or 45% of the interest.

State DNR/SRF Grant Program Revenue Bonds and Direct Loan Program State MO DNR SRF/Grant Program Revenue Bonds The City, in 2005 and 2011, issued Wastewater Revenue Bonds as part of the State Program. Using this method the State of Missouri reduces the interest payment by the City. OriginalRevenue 12/31/10 IssueAmountPurposeSourceBalanceExpires SRF 2005 $19,430,000WastewaterWastewater$16,910,0007/1/27 ExpansionRates OriginalRevenue 12/31/10 IssueAmountPurposeSourceBalanceExpires Series 2011 $20,631,000WastewaterWastewater issued no schedule Expansion Rates 2011received

Other Lease Agreements 1.Dierberg – Heartland Park 2.Dockler – Peruque Valley Park 3.Schockdrake – Mexico Rd Rt A Improvements and Signal

Other Lease Agreements 1.Dierberg – Heartland Park The City has an agreement with Dierbergs where the City purchased the land now known as Heartland Park from Dierbergs. The City is to pay Dierbergs ½ of all sales tax collected from the Dierbergs shopping center. As of December 31, 2010 the City owed Dierbergs: PrincipalAccrued Interest Total Note Payable A$1,311,984 $2,539.32$1,314, Note Payable B 3,352,568 52, ,405, $4,664,552$55,158.62$4,719, So far no principal has been paid.

Other Lease Agreements 2. Dockler – Peruque Valley Park, 2007  Principal amount of $581,400.  Annual payment of $64,600 plus 4.5% interest  Principal balance due as of December 31, 2010 $387, Schockdrake Mexico Rd/Rt A (Improvements and Signalization),2008  Developer $26,  MODot $100,000  City $382,  Total Project Cost $508,  Annual payment of $74,  Last payment 1/7/11

Incentive Programs 1.Transportation Development Districts (TDDs) 2. Community Development Districts (CIDs) 3.Neighborhood Improvement Districts (NIDs) 4.Chapter 353 Redevelopments 5.Tax Increment Financing (TIFs)

Wentzville TDD 1.Wentzville TDD (Schnucks, Wal-Mart, Home Depot)0.25%  Began in 2001  Issued $3,970,000 of bonds in 2002 that will mature 11/1/2026. $3,530,000 balance as of 12/31/09.  Projects include Pearce Blvd. overpass enhancements, turn lanes, signalization and signage for the Pearce/Wentzville Pkwy interchange, and the Pearce Blvd. extension to May Rd.  Tax remains in effect until bonds are paid in full.

Wentzville TDD II 2. Wentzville TDD II (Kohls, Best Buy, Bob Evans)0.50%  Began in 2005  Authorized to issue up to $2,800,000 in revenue notes. Issued $2,073,263 in 2005 then $447,405 in 2008 in project cost.  Balance of the notes, including cost of issuance, as of 12/31/09 $2,596,840.  Projects included W. Pearce improvements from the Parkway to May Rd., entrances to the area surrounding the MODOT facility. The right turn lane from east bound W Pearce to Wentzville Pkwy up to I70, turn lane north on Parkway to E Pearce, and medians on Parkway between I70 and W Pearce.  This TDD is being combined with the SAM’s CID.

Wentzville TDD III 3. Wentzville TDD III (Target, Lowes)0.25%  Began in 2006  Authorized to issue up to $2,750,000 in revenue notes. In 2008, $1,812,675 of revenue notes were issued.  Balance 12/31/09 was $2,724,190.  In 2008 entered into a joint agreement with TDD II for the financing of projects and issuance of bonds. Final maturity to be no later than Projects: Turn lane on Wentzville Pkwy., connecting road between Parkway and May Rd. (THF Dr.)

Wentzville Pkwy TDD 4. Wentzville Parkway TDD (Dierbergs)0.50%  Began in 2004  Projects 1. Improvements to Wentzville Pkwy. Including turn lanes and signalization. 2. Construction of North Rd. (Wm. Dierbergs) and necessary retaining wall.