2016 MARICOPA COUNTY SUBDIVISION ACCORDION LINE PROMISSORY NOTE.DOCX

THIS NOTE IS IN FULLY REGISTERED FORM AND IS NOT TRANSFERABLE
EXCEPT ON THE REGISTRATION BOOKS OF BORROWER
MARICOPA COUNTY DISTRICTS REVOLVING LINE OF CREDIT
PROMISSORY NOTE
JPMorgan Chase Bank, N.A.
201 North Central Ave., Floor 21
Phoenix, Arizona 85004
Date: July 1, 2016
Principal Amount: Commitment Amount Cap (as defined in and subject to adjustment from time
to time in accordance with the hereinafter defined Loan Agreement)
1. PROMISE TO PAY AND INTEREST. For value received, the undersigned,
EACH OF THE DISTRICTS IDENTIFIED IN SCHEDULE I HERETO, ACTING THROUGH
THE MARICOPA COUNTY TREASURER, AS ITS AGENT (each a “Borrower” and
collectively, “Borrowers”) promises to pay to or on the order of JPMORGAN CHASE BANK,
N.A., or registered assigns (“Bank”) at its above office, or at such other place as Bank may
designate in writing, in lawful money of the United States of America, (a) in the aggregate for all
Borrowers, the principal sum equal to the Commitment Amount Cap (as such term is defined in
and subject to adjustment from time to time in accordance with in the Business Loan Agreement)
(Maricopa County Districts Revolving Line of Credit), dated of even date herewith (“Loan
Agreement”), between Borrowers and Bank, as it may be amended, modified, extended,
renewed, restated, or supplemented from time to time), and (b) with respect to each Borrower,
the lesser of the unpaid Advances under the Loan Agreement or the maximum amount shown for
such Borrower on Schedule I hereto, as it may be amended from time to time, in either case as
shown on the records of Bank which, when in agreement with the records of a Borrower, shall
(absent manifest error) be conclusive as to such unpaid amount, with interest thereon from the
date advanced at the Interest Rate. Neither the Maricopa County Treasurer nor Maricopa County
shall be liable for amounts owed by any Borrower hereunder. “Interest Rate” means the rate set
forth below applicable from time to time:
2. QUALIFIED TAX-EXEMPT INTEREST RATE. If interest payable with respect
to an Advance under this Note allocable to a Borrower is not included in the gross income of
Bank, or the registered owner, if other than Bank, under the Internal Revenue Code of 1986 and
the regulations thereunder, as such code and regulations heretofore have been and hereafter may
be amended from time to time (“Code and Regulations”), and is not otherwise subject to the
federal income tax, and if Borrower files with the United States Internal Revenue Service a
properly completed Form 8038-G (or any successor form or forms that the United States Internal
Revenue Service may require for such purposes, collectively, "Form 8038-G") as and when
required by the Code and Regulations and promptly delivers to Bank a copy of each filed Form
8038-G, and if the Borrower has delivered to Bank a Declaration (as defined in the Loan
Agreement) certifying that the indebtedness evidenced by this Note with respect to such
Advance is a “Qualified Tax-Exempt Obligation”, as such term is defined in Section 265 of the
Code and Regulations, then the Interest Rate (“Qualified Tax-Exempt Interest Rate”) with
4827-0838-7634.2 Maricopa County Subdivision Line of Credit - Promissory Note

respect to such Advance shall be a rate per annum equal to sixty-one percent (61.0%) of the rate
per annum most recently publicly announced by Bank, or Bank’s successors, in Phoenix,
Arizona, as Bank’s “prime rate”, as in effect from time to time, provided that in no event shall
the Qualified Tax-Exempt Interest Rate at any time exceed ten percent (10%) per annum. The
Qualified Tax-Exempt Interest Rate will be redetermined by Bank on each day that the “prime
rate” changes and any change in the Qualified Tax-Exempt Interest Rate will be effective on and
after the date of such change and until the next change in the Qualified Tax-Exempt Interest
Rate. The “prime rate” is set by Bank based on various factors, including Bank’s costs and
desired return, general economic conditions and other factors, and is used as a reference point in
pricing some loans. Bank may price loans to its customers at, above, or below its “prime rate.”
3. NON-QUALIFIED TAX-EXEMPT INTEREST RATE. If interest payable with
respect to an Advance under this Note allocable to a Borrower is not included in the gross
income of Bank, or the registered owner, if other than Bank, under the Code and Regulations,
and if Borrower files with the United States Internal Revenue Service a properly completed Form
8038-G as and when required by the Code and Regulations and promptly delivers to Bank a copy
of each filed Form 8038-G, but, notwithstanding the foregoing, Borrower has not delivered to
Bank a Declaration (as that term is defined in the Loan Agreement), or the Advance is not a
“Qualified Tax-Exempt Obligation,” as such term is defined in Section 265 of the Code and
Regulations, or if an Advance previously designated in a Declaration as a Qualified Tax-Exempt
Obligation is no longer eligible to be treated as such as described in Section 5(b) below, then the
Interest Rate (“Non-Qualified Tax-Exempt Interest Rate”) shall be a rate per annum equal to
sixty-six percent (66%) of the rate per annum most recently publicly announced by Bank, or
Bank’s successors, in Phoenix, Arizona, as Bank’s “prime rate”, as in effect from time to time,
provided that in no event shall the Non-Qualified Tax-Exempt Interest Rate at any time exceed
ten percent (10%) per annum. The Non-Qualified Tax-Exempt Interest Rate will be redetermined
by Bank on each day that the “prime rate” changes and any change in the Non-Qualified Tax-
Exempt Interest Rate will be effective on and after the date of such change and until the next
change in the Non-Qualified Tax-Exempt Interest Rate. The “prime rate” is set by Bank based on
various factors, including Bank’s costs and desired return, general economic conditions and other
factors, and is used as a reference point in pricing some loans. Bank may price loans to its
customers at, above, or below its “prime rate.”
4. TAXABLE INTEREST RATE. If interest payable under this Note is included in
the gross income of Bank under the Code and Regulations, or is otherwise subject to federal
income tax or if Borrower does not file with the United States Internal Revenue Service a
properly completed Form 8038-G as and when required by the Code and Regulations, or does
not deliver a copy of any filed Form 8038-G to Bank upon request, then the Interest Rate
(“Taxable Interest Rate”) during each calendar quarter shall be the rate per annum equal to one
hundred ten percent (110.00%) of the previous quarter’s weighted average prime rate among the
top three financial institutions by asset size in the State of Arizona.
5. CHANGES IN TAX TREATMENT OF INTEREST.
(a) Each Borrower agrees that in the event that such Borrower pays interest at
a Non-Qualified Tax-Exempt Rate or a Qualified Tax-Exempt Rate on any portion of the
sums outstanding hereunder, and
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(i) the Internal Revenue Service determines that the interest on such
portion is not exempt from federal income taxation, or
(ii) Bank is required to pay any sums as federal income taxes because
of any assertion by the Internal Revenue Service (whether or not a final
determination) that interest paid on such portion of the obligations of Borrower
hereunder is not exempt from federal income tax,
then, the applicable interest rate hereunder for that portion shall be deemed always to have been
the Taxable Interest Rate and such Borrower shall, immediately upon request by Bank, pay to
Bank the difference between (A) interest, computed at the Taxable Interest Rate, on any such
portion at any time outstanding hereunder and (B) the interest already paid for such portion by
Borrower under this Agreement. The obligations of Borrower under this section shall survive the
termination of the Loan Documents and the repayment of sums borrowed hereunder.
(b) Each Borrower agrees that in the event that such Borrower pays interest at
a Qualified Tax-Exempt Rate on any portion of the sums outstanding hereunder and
(i) the Internal Revenue Service determines that the interest on such
portion is not subject to treatment as a “Qualified Tax-Exempt Obligation"
pursuant to Section 265(b)(3) of the Code, or
(ii) Borrower causes or is deemed to have caused (whether by way of
aggregation or otherwise) the amount of tax-exempt obligations issued in any
calendar year for which such Borrower is paying interest at a Qualified Tax-
Exempt Rate to exceed $10,000,000; or
(iii) Bank is required to pay any sums as federal income taxes because
of any assertion by the Internal Revenue Service (whether or not a final
determination) that interest paid on such portion of the obligations of Borrower
hereunder are not “Qualified Tax-Exempt Obligations” as defined in Section
265(b)(3) of the Code,
then, the applicable interest rate hereunder for the portion that no longer qualifies as a Qualified
Tax-Exempt Obligation but is otherwise except from federal income taxation shall be deemed
always to have been the Non-Qualified Tax-Exempt Interest Rate and such Borrower shall,
immediately upon request by Bank, pay to Bank the difference between (A) interest, computed at
the Non-Qualified Tax-Exempt Interest Rate, on any such portion at any time outstanding
hereunder and (B) the interest already paid for such portion by Borrower under this Agreement.
The obligations of Borrower under this section shall survive the termination of the Loan
Documents and the repayment of sums borrowed hereunder.
6. REQUIRED PAYMENTS; PAYMENT ON MATURITY. Prior to June 30,
2017, or if the Scheduled Commitment Expiration Date under the Loan Agreement has been
extended by mutual agreement between Borrowers, acting through their agent, the Maricopa
County Treasurer, and Bank, such Scheduled Commitment Expiration Date (the “Maturity
Date”), payments under this Note shall be made as each Borrower receives “non-restricted
operating revenues”, as such term is used in Arizona Revised Statutes Section 11-604.01. On the
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Maturity Date each Borrower shall pay to Bank the unpaid principal, all accrued and unpaid
interest, and all other amounts (“Other Amounts”) payable by such Borrower to Bank under the
Loan Documents. “Loan Documents” means this Note, the Loan Agreement, the Services
Proposal (as defined in the Loan Agreement), and any other agreements, documents, and
instruments relating to this Note, as they may be amended, modified, extended, renewed,
restated, or supplemented from time to time.
7. INTEREST ON PRINCIPAL; DEFAULT RATE. Principal shall bear interest at
the Interest Rate from the date of disbursement until the due date thereof, whether by
acceleration or otherwise. Principal, interest, and Other Amounts not paid when due and any
judgment therefor shall bear interest from its due date or the judgment date, as applicable, until
paid at a rate (“Default Rate”) of ten percent (10%) per annum, and such interest shall be
immediately due and payable.
8. INTEREST ACCRUAL. All interest under the Loan Documents shall be
computed on the basis of a 365-day year and accrue on a daily basis for the actual number of
days elapsed. Each Borrower agrees to pay an effective rate of Interest that is the sum of (i) the
interest rate provided herein and (ii) any additional rate of interest resulting from any other
charges or fees paid or to be paid in connection herewith that are determined to be interest or in
the nature of interest.
9. PAYMENT IN FULL PRIOR TO THE MATURITY DATE. Notwithstanding
any other provision herein or in the Loan Documents, each Borrower shall pay to Bank all
outstanding principal, interest and Other Amounts on June 30 of each year relating to such
Borrower. So long as a Borrower makes such payment, such Borrower shall, subject to the
provisions of the Loan Agreement, continue to be entitled to Advances pursuant to the Loan
Agreement prior to the commitment expiration date specified therein. Principal, interest, and
Other Amounts not paid on June 30 of each year shall bear interest from June 30 until paid at the
Default Rate, and such interest shall be immediately due and payable.
10. APPLICATION OF PAYMENTS. At the option of Bank, payments shall be
applied to principal, Interest, and Other Amounts in such order as Bank shall determine.
11. PREPAYMENT. A Borrower may prepay the outstanding principal balance
hereof relating to such Borrower, in whole or in part, at any time prior to the Maturity Date
without penalty or premium.
12. NO COUNTERCLAIMS, DEDUCTIONS, ETC. All payments and other
obligations of each Borrower under the Loan Documents will be made and performed without
counterclaim, deduction, defense, deferment, reduction, or set-off.
13. EVENTS OF DEFAULT. Each of the following shall be an event of default
(“Event of Default”) as to any Borrower to which the Event of Default applies:
(a) Failure by a Borrower to pay when due (i) any amount payable by such
Borrower under any of the Loan Documents, or (ii) any other indebtedness of such
Borrower to Bank.
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(b) Failure by a Borrower to perform any material obligation not involving the
payment of money, or to comply with any other term or condition applicable to such
Borrower, in any of the Loan Documents.
(c) Any representation or warranty made by a Borrower in any of the Loan
Documents or otherwise or any information delivered by such Borrower to Bank in
obtaining or hereafter in connection with the credit evidenced by this Note is or becomes
materially incomplete, incorrect, or misleading from the representations or warranties
made of the date of this Note or as of the date made or delivered.
(d) The occurrence of any change or other event that Bank determines has or
will materially and adversely affect (i) any or all property, interests in property, or rights
to property securing the obligations of a Borrower under the Loan Documents, including
without limitation the security interest in the non-restricted operating revenues received
by the Maricopa County Treasurer on behalf of each Borrower (“Collateral”) as security
for the obligations of a Borrower under the Loan Documents, (ii) the financial condition
of a Borrower, or (iii) the ability of a Borrower to pay the monetary obligations of such
Borrower under the Loan Documents.
(e) A Borrower (i) is unable or admits in writing such Borrower’s inability to
pay Borrower’s monetary obligations as they become due, (ii) is generally not paying its
debts as they become due, (iii) makes a general assignment for the benefit of creditors, or
(iv) applies for, consents to, or acquiesces in, appointment of a trustee, receiver, or other
custodian for Borrower or any or all of the property of Borrower, or in the absence of
such application, consent, or acquiescence by Borrower a trustee, receiver, or other
custodian is appointed for Borrower or any or all of the property of Borrower.
(f) Commencement of any case under the Bankruptcy Code (Title 9 of the
United States Code) or commencement of any other bankruptcy, arrangement,
reorganization, receivership, custodianship, or similar proceeding under any federal or
state law by or against a Borrower.
(g) Attachment, garnishment, levy of execution, or seizure by legal process of
any or all Collateral of a Borrower, except any pre-judgment attachment or garnishment
of any or all Collateral.
(h) Any legal proceeding or other action against or affecting any or all
Collateral of a Borrower is commenced (including, without limitation, any prejudgment
attachment or garnishment) and is not quashed, stayed, or released within twenty (20)
days.
(i) Any Collateral of a Borrower is sold, disposed of, or otherwise transferred
by such Borrower after the date of this Note, not in the ordinary course of operations of
Borrower.
(j) Any Collateral of a Borrower becomes subject to any lien or security
interest, other than the security interest granted to Bank in this Note.
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(k) Any Collateral of a Borrower is lost, stolen, suffers substantial damage or
destruction, or is used in violation of any law, ordinance, regulation, or rule (federal,
state, or local).
(l) A Borrower abandons or, except for expenditure of funds included in the
Collateral in the ordinary operations of Borrower, ceases to have exclusive possession of
any Collateral or any books and records of Borrower relating to the Collateral.
(m) A Borrower or any other person on behalf of Borrower claims that any
Loan Document is not legal, valid, binding, and enforceable against Borrower, that any
lien, security interest, or other encumbrance securing any of the obligations under the
Loan Documents is not legal, valid, binding, and enforceable, or that the priority of any
lien, security interest, or other encumbrance securing any of the obligations in the Loan
Documents is different than the priority set forth in Arizona Revised Statutes
Section 11-604.01 (except as such priority may be affected by the laws regarding
garnishment of wages of Borrower’s employees and federal and state tax liens for
withholding taxes of Borrower’s employees).
(n) The occurrence of any condition or event that is a default or is designated
as a default, an event of default, or an Event of Default in any other Loan Document or in
any agreement, document, or instrument relating to any other indebtedness of Borrower
to Bank.
(o) The occurrence of any condition or event that is designated as a default or
an event of default and the expiration of any cure period with respect to any other
indebtedness of Borrower to any other person.
(p) The failure of a Borrower to repay to Bank within five (5) Business Days
of written notice from Bank to Borrower the amount by which the outstanding amount of
Advances exceeds the Commitment.
14. RIGHTS AND REMEDIES OF BANK. Upon occurrence of an Event of Default,
Bank may, at its option, in its absolute and sole discretion, and without demand or notice, (i)
declare the obligations in the Loan Documents to be immediately due and payable, whereupon
the obligations in the Loan Documents shall be immediately due and payable, and (ii) exercise
any or all other rights and remedies of Bank concurrently or consecutively in such order as Bank
elects. The rights and remedies of Bank shall be cumulative and non-exclusive. Delay,
discontinuance, or failure to exercise any right or remedy of Bank shall not be a waiver thereof,
or of any other right or remedy of Bank, or of the time, of the essence provision. Exercise of any
right or remedy of Bank shall not cure or waive any Event of Default or invalidate any act done
in response to any Event of Default.
15. LIMIT OF LIABILITY OF BANK. In exercising rights and remedies, neither
Bank nor any affiliate thereof or any stockholder, director, officer, employee, agent, or
representative of Bank or any affiliate thereof shall have any liability for any injury to the assets,
business, operations, or property of a Borrower or any other liability to Borrower, other than for
its own gross negligence or willful misconduct.
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16. PROVISIONS IN LOAN AGREEMENT GOVERN THIS AGREEMENT. This
Note is subject to certain terms and provisions in the Loan Agreement, to which reference is
made for a statement of such terms and provisions.
17. WAIVER OF STATUTE OF LIMITATIONS. Borrower waives, to the full extent
permitted by law, the right to plead any statutes of limitations as a defense to any or all
obligations under the Loan Documents.
18. WAIVERS BY BORROWER. Borrower (i) waives, to the full extent permitted
by law, presentment, notice of dishonor, protest, notice of protest, notice of intent to accelerate,
notice of acceleration, and all other notices or demands of any kind (except notices specifically
provided for in the Loan Documents), and (ii) agrees that Bank may enforce this Note and any
other Loan Documents against Borrower without first having sought enforcement against any
Collateral.
19. JURY WAIVER. TO THE MAXIMUM EXTENT NOT PROHIBTED BY
LAW, EACH BORROWER AND BANK HEREBY VOLUNTARILY, KNOWINGLY,
IRREVOCABLY AND UNCONDITIONALLY WAIVE ANY RIGHT TO HAVE A JURY
PARTICIPATE IN RESOLVING ANY DISPUTE (WHETHER BASED ON CONTRACT,
TORT OR OTHERWISE) BETWEEN ANY BORROWER AND BANK ARISING OUT OF
OR IN ANY WAY RELATED TO THIS NOTE. THIS PROVISION IS A MATERIAL
INDUCEMENT TO BANK TO PROVIDE THE FINANCING DESCRIBED HEREIN.
20. WAIVER OF SPECIAL DAMAGES. EACH BORROWER WAIVES, TO THE
MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT BORROWER MAY
HAVE TO CLAIM OR RECOVER FROM BANK IN ANY LEGAL ACTION OR
PROCEEDING ANY SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL
DAMAGES.
[SIGNATURE PAGES FOLLOW]
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DATED as of the date first above stated.
MARICOPA COUNTY BOARD OF SUPERVISORS
By:
Name:
Title: Chairman, Board of Supervisors
ATTEST:
By:
Clerk of the Board
MARICOPA COUNTY TREASURER,
As Agent for the Districts Listed on Schedule I hereto
By:
Name: Charles "Hos" Hoskins
Title: Maricopa County Treasurer
4827-0838-7634.2 Maricopa County Subdivision Line of Credit - Promissory Note

SCHEDULE I-A
FEDERAL TAX ID NUMBERS AND CREDIT LINE LIMITS
[ATTACHED ARE TWO PAGES WITH
CREDIT LIMITS TOTALING $626,685,000]
4827-0838-7634.2 Maricopa County Subdivision Line of Credit - Promissory Note

SCHEDULE I – FEDERAL TAX ID NUMBERS AND CREDIT LINE LIMITS
Name District Federal Credit
School Districts Number TIN Limits
PHOENIX ELEMENTARY SCHOOL DISTRICT 1 866000478 10,000,000
RIVERSIDE ELEMENTARY SCHOOL DISTRICT 2 866000479 1,000,000
TEMPE ELEMENTARY SCHOOL DISTRICT 3 866000480 15,000,000
MESA UNIFIED SCHOOL DISTRICT 4 866000481 50,000,000
ISAAC ELEMENTARY SCHOOL DISTRICT 5 866000483 11,500,000
WASHINGTON ELEMENTARY SCHOOL DISTRICT 6 866000484 25,000,000
WILSON ELEMENTARY SCHOOL DISTRICT 7 866000485 2,500,000
OSBORN ELEMENTARY SCHOOL DISTRICT 8 866000486 1,500,000
WICKENBURG UNIFIED SCHOOL DISTRICT 9 860212990 2,500,000
PEORIA UNIFIED SCHOOL DISTRICT 11 866000488 42,000,000
CREIGHTON ELEMENTARY SCHOOL DISTRICT 14 866000474 12,000,000
TOLLESON ELEMENTARY SCHOOL DISTRICT 17 866000490 2,000,000
MURPHY ELEMENTARY SCHOOL DISTRICT 21 866000491 2,500,000
GILA BEND UNIFIED SCHOOL DISTRICT 24 866000492 1,000,000
LIBERTY ELEMENTARY SCHOOL DISTRICT 25 866000493 3,000,000
KYRENE ELEMENTARY SCHOOL DISTRICT 28 866000494 4,500,000
BALSZ ELEMENTARY SCHOOL DISTRICT 31 866000495 4,000,000
BUCKEYE ELEMENTARY SCHOOL DISTRICT 33 866000496 1,000,000
MADISON ELEMENTARY SCHOOL DISTRICT 38 866000497 5,000,000
GLENDALE ELEMENTARY SCHOOL DISTRICT 40 866000498 13,000,000
GILBERT UNIFIED SCHOOL DISTRICT 41 866000530 66,000,000
AVONDALE ELEMENTARY SCHOOL DISTRICT 44 866000500 5,000,000
FOWLER ELEMENTARY SCHOOL DISTRICT 45 866000501 2,500,000
ARLINGTON ELEMENTARY SCHOOL DISTRICT 47 866000502 400,000
SCOTTSDALE UNIFIED SCHOOL DISTRICT 48 866000535 24,000,000
PALO VERDE ELEMENTARY SCHOOL DISTRICT 49 866000532 250,000
LAVEEN ELEMENTARY SCHOOL DISTRICT 59 866000504 3,200,000
HIGLEY UNIFIED SCHOOL DISTRICT 60 866000505 9,950,000
UNION ELEMENTARY SCHOOL DISTRICT 62 866000506 2,200,000
AGUILA ELEMENTARY SCHOOL DISTRICT 63 866000507 450,000
LITTLETON ELEMENTARY SCHOOL DISTRICT 65 866000508 7,500,000
ROOSEVELT ELEMENTARY SCHOOL DISTRICT 66 866000509 17,400,000
ALHAMBRA ELEMENTARY SCHOOL DISTRICT 68 866000510 4,000,000
PARADISE VALLEY UNIFIED SCHOOL DISTIRICT 69 866005162 20,000,000
SENTINEL ELEMENTARY SCHOOL DISTRICT 71 866000512 200,000
MORRISTOWN ELEMENTARY SCHOOL DISTRICT 75 866000513 400,000
LITCHFIELD ELEMENTARY SCHOOL DISTRICT 79 866000514 5,000,000
CHANDLER UNIFIED SCHOOL DISTRICT 80 866000515 41,500,000
NADABURG UNIFIED SCHOOL DISTRICT 81 866000516 1,000,000
CARTWRIGHT ELEMENTARY SCHOOL DISTRICT 83 866000517 35,000,000
MOBILE ELEMENTARY SCHOOL DISTRICT 86 866000519 275,000
4827-0838-7634.2 Maricopa County Subdivision Line of Credit - Promissory Note

DYSART UNIFIED SCHOOL DISTRICT 89 866000520 40,000,000
SADDLE MOUNTAIN UNIFIED SCHOOL DISTRICT 90 866000521 2,700,000
PENDERGAST ELEMENTARY SCHOOL DISTRICT 92 866000522 16,000,000
CAVE CREEK UNIFIED SCHOOL DISTRICT 93 866000523 4,000,000
PALOMA ELEMENTARY SCHOOL DISTRICT 94 866000524 250,000
QUEEN CREEK UNIFIED SCHOOL DISTRICT 95 866000525 4,000,000
DEER VALLEY UNIFIED SCHOOL DISTRICT 97 866004178 29,000,000
FOUNTAIN HILLS UNIFIED SCHOOL DISTRICT 98 860261487 3,000,000
BUCKEYE UNION HIGH SCHOOL DISTRICT 201 866000526 9,400,000
GLENDALE UNION HIGH SCHOOL DISTRICT 205 866000529 20,000,000
PHOENIX UNION HIGH SCHOOL DISTRICT 210 866000534 14,000,000
TEMPE UNION HIGH SCHOOL DISTRICT 213 866000536 4,000,000
TOLLESON UNION HIGH SCHOOL DISTRICT 214 866000537 2,000,000
AGUA FRIA UNION HIGH SCHOOL DISTRICT 216 866004326 8,500,000
WESTERN MARICOPA EDUCATION CENTER
DISTRICT 402 421582295 1,000,000
MARICOPA COUNTY REGIONAL SCHOOL
DISTRICT 509 866000477 250,000
Fire Districts
AGUILA FIRE DISTRICT 860566948 25,000
BUCKEYE VALLEY RURAL FIRE DISTRICT 860466622 500,000
CHANDLER COUNTY ISLAND FIRE DISTRICT 260474266 375,000
CIRCLE CITY \ MORRISTOWN VOLUNTEER FD 860994860 100,000
DAISY MOUNTAIN FIRE DISTRICT 860638446 3,500,000
NORTH COUNTY FIRE & MEDICAL DISTRICT fka
FIRE DISTRICT OF SUN CITY WEST 860503076 3,000,000
GILBERT COUNTY ISLAND FIRE DISTRICT 261876276 275,000
HARQUAHALA VALLEY FIRE DISTRICT 860725100 450,000
QUEEN CREEK COUNTY ISLAND FIRE DISTRICT 462349920 100,000
RIO VERDE FIRE DISTRICT 860839215 500,000
SUN CITY FIRE DISTRICT 860409619 3,000,000
SUN LAKE FIRE DISTRICT 860353742 1,200,000
TEMPE COUNTY ISLAND FIRE DISTRICT 262462250 35,000
TONOPAH VALLEY FIRE DISTRICT 861001961 200,000
WITTMAN VOLUNTEER FIRE DISTRICT 860658179 100,000
Total $626,685,000
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