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<br />18 <br /> <br />4826-7904-2280v7/200434-0005 <br />FISCAL YEAR DEBT SERVICE REQUIREMENTS <br />The table below sets forth scheduled debt service on the Bonds, assuming no optional redemptions prior <br />to maturity. <br />TABLE 9 <br />City of Santa Ana <br />Debt Service Schedule <br />Year Ending <br />June 30 Principal Interest Total <br /> $ $ $ <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Total $_________ $ $ <br /> <br />Source: The Underwriters. Totals may not add due to rounding. <br />THE CITY <br />General <br />The City is located in central Orange County (the “County”) and was incorporated on June 1, 1886 and <br />established as a charter city in 1952. The City encompasses approximately 27.3 square miles and had an <br />estimated 2021 population of approximately 331,269. <br />Several major freeways run through and nearby the City, providing access to employment centers and <br />recreational opportunities throughout southern California. <br />The City is a charter city, operating under a Council/Manager form of government. The City is governed <br />by a City Council of seven members, six of whom are elected by district, with the Mayor being elected at-large. <br />The City Council selects the City Manager who is responsible for day-to-day administration of the City under <br />the policy direction of the City Council. <br />The City provides a full range of municipal services, including police, construction and maintenance of <br />streets and related infrastructure, municipal utilities such as water, sewer, refuse and sanitation, recreational