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EXHIBIT I <br />Sources and Uses of Funds <br />Whisper South <br />Exhibit I <br />Sources and Uses of Funds <br />4/12/2021 <br />A. Sources of Funds: <br />Improvement Area #1 Bond Par $ 14,000,000 <br />Costs Funded by Other Developer Financing Sources 245,121 <br />Total Sources $ 14.245.121 <br />B. Uses of Funds: <br />Major Improvements 1 $ 10,601,871 <br />District Formation and Bond Issuance Costs: <br />Debt Service Reserve Fund $ 993,250 <br />Capitalized Interest 1,155,000 <br />Underwriter Discount 420,000 <br />Cost of Issuance 840,000 <br />Developer District Formation Costs 200,000 <br />First Year Annual Collection Costs 35,000 <br />Subtotal $ 3,643,250 <br />Total Uses I S 14.245.121 <br />PID Petition 34 <br />