Bamberg County, SC. PURCHASE AND USE AGREEMENT Source of Installment Payments. CPST Revenues collected for the most recently concluded fiscal year

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1 Bamberg County, SC 1Bamberg Facilities Corporation Installment Purchase Refunding Revenue Bonds (Bamberg County, South Carolina) Series 2015A, $6,280,000 and Taxable Series 2015B, $4,515,000, Dated: November 17, 2015 PURCHASE AND USE AGREEMENT Source of Installment Payments Net FILOT Payments collected for the most recently concluded fiscal year Year Amount CPST Revenues collected for the most recently concluded fiscal year Fiscal Year Amount CERTAIN FISCAL MATTERS Five Year Revenue Expenditure Summary Fiscal Year Ended June 30, REVENUES Taxes Intergovernmental Licenses and Permits Charges for Services Fines and Forfeitures Investment Income Miscellaneous Total Revenues EXPENDITURES Current General Government Judicial Public Safety Public Works Economic Development Culture and Recreation Health Welfare Capital Outlay Miscellaneous Debt Service (Principal and Interest) Total Expenditures Excess (deficiency) of Revenues Over (Under) Expenditures Other Financing Sources (Uses): Transfers In Transfers (Out) 0 Total other financing sources (uses) Net change in fund balances Fund balances at Beginning of Year, as restated Fund balance at End of Year

2 Assessed Values of the County for each of the five previous fiscal years and, if available, an estimate for the fiscal year in which the Annual Report is issued Assessed Value of All Taxable Property in the County Joint Industrial Park Fees/Fee in Total Taxable Tax Year Real Property Personal Lieu of Taxes Property (Estimate) Assessed and Market Value by Property Classification Fiscal Year Ended June 30, 2015 Classification of Property Assessed Value Market Value Real Property Non Manufac. Motor Vehicles Manufacturing Property Boats and Motors Airplanes SC Department of Revenue Personal County Business Personal Railroads Utilities Joint Industrial Park Fees Fee In Lieu of Taxes Merchant Inventory TOTAL Manufacture Reimbursement Assessment Motor Carrier Assessment COMBINED TOTAL ASSESSED VALUE Tax Collection Record For The Five Previous Fiscal Years Budgeted Local Option Total Collections Tax Year Tax Collections Sales Tax (LOST) Current Collections Delinquent Taxes Tax Collections Total with LOST *2015 *FY 2015 not available at this time Millage History For The Five Previous Fiscal Years County Tax Year Operations Debt Total

3 Ten Largest Taxpayers Fiscal Year Ended June 30, 2015 Taxpayer Assessed Valuation Taxes Paid South Carlina Electric Edisto Electric Co op Masonite Corp Rockland Industries Bellsouth Communication Delevan, Inc Tobual Accumulator Bamberg Healthcare CSX Transportation CSX Transportation DEBT STRUCTURE Legal Debt Limit of the County As of June 30, 2015 The County s general obligation bond debt Real and Other Personal Property Assessed Value Plus Vehicles Assessed Value Plus Public Utilities and Railroads Plus Fee in Lieu of Taxes/Joint Industrial Park Fees Plus Other Business Personal Property Plus Manufacturer s Assessed Value Plus Merchants Inventory Value X 8 % Constitutional Debt Limit Less Outstanding Debt Subject to Limit General Obligation Debt Available Without Referendum General Obligation Indebtedness General Obligation Indebtedness of the County General Obligation Fiscal Year Indebtedness County's General Obligation Debt by Issue As of June 30, 2015 Debt Date of Final Maturity Amount Issued Amount Outstanding Accrued Compensated Absences General Obligated Bonds Revenue Bonds Notes Payable 9096 Capital Lease Total

4 BAMBERG COUNTY BUILDINGS BAMBERG COUNTY COURTHOUSE 2959 MAIN HWY VALUE OF BUILDING: $3,200, TMS# BAMBERG COUNTY LIBRARY 3156 RAILROAD AVE VALUE OF BUILDING: $731, TMS# BAMBERG COUNTY OFFICE ON AGING 498 LOG BRANCH ROAD VALUE OF BUILDING: $545, TMS# BAMBERG COUNT Y SHERRIFF'S OFFICE 456 SECOND STREET VALUE OF BUILDING: $536, TMS# BAMBERG COUNTY MAGISTRATES OFFICE 2873 MAIN HWY VALUE OF BUILDING: $120, TMS# BAMBERG COUNTY (DENMARK) HEALTH DEPARTMENT 262 BEECH AVE DENMARK, S.C VALUE OF BUILDING: 71, TMS# BAMBERG COUNTY (EDISTO) FIRE STATION 4532 EDISTO RIVER RD BRANCHVILLE, S.C VALUE OF BUILDING: $47, TMS# BAMBERG COUNTY (CLEAR POND )FIRE STATION 6900 BROXTON BRIDGE RD VALUE OF BUILDING: $115, TMS# BAMBERG COUNTY MEMORIAL HOSPITAL 509 NORTH STREET TMS# TMS# BAMBERG COUNTY PRISON FARM VALUE OF PUBLIC WORKS GARAGE: $189, BROXTON BRIDGE RD VALUE OF COMMUNICATION TOWER: $260, VALUE OF EQUIPMENT SHED: $12, TMS# VALUE OF PRISON QUARTERS: $0.00 BAMBERG COUNTY (J CARLISLE KEARSE BLDG) 847 CALHOUN STREET VALUE OF BUILDING: 925, TMS# BAMBERG COUNTY (HOOTEN BLACK HOUSE) 3194 RAILROAD AVE VALUE OF BUILDING: $130, TMS# BAMBERG COUNTY COUNCIL BLDG 1258 NORTH STREET VALUE OF BUILDING: $39, TMS#

5 BAMBERG COUNTY E911 OFFICE 2893 MAIN HWY VALUE OF BUILDING: $233, TMS# BAMBERG COUNTY DSS 374 LOG BRANCH ROAD TMS# BAMBERG COUNTY HEALTH DEPARTMENT 370 & 372 LOG BRANCH RD TMS # VALUE OF BUILDING: $1,476, BAMBERG COUNTY LANDFILL (SCALE HOUSE) 15, 20, 79, & 171 LAND 171 LANDFILL RD TMS# VALUE OF SCALEHOUSE/SCALES: $58, VALUE OF RECYCLING BUILDING: $13, VALUE OF TRANSFER STATION: $98, BAMBERG COUNTY (NEW PRISON) 444 SECOND STREET BAMBERG, SC TMS# VALUE OF BUILDING: $2,211, BAMBERG COUNTY (EHRHARDT LAD SITE) 739 ST. JOHN'S CHURCH RD EHRHARDT, S.C TMS# BAMBERG COUNTY (EHRHARDT RESCUE SQUAD) 2753 LOW COUNTRY HWY EHRHARDT, S.C TMS# VALUE OF BUILDING: $67, BAMBERG COUNTY OLD ROAD OFF HWY 78 TMS# BAMBERG COUNTY BOAT LANDING 435 CLAUDES LANDING RD DENMARK, S.C TMS# BAMBERG COUNTY (INDUSTRIAL PARK) INDUSTRIAL RD TMS# BAMBERG COUNTY (MIDWAY) LAD SITE 7747 HERITAGE HWY TMS# BAMBERG COUNTY (DENMARK) LAD SITE 1211 PITT RD DENMARK, S.C TMS# BAMBERG COUNTY COUNTY (VACANT LOT) ELM STREET TMS# BAMBERG COUNTY (PRISON FARM) OFF HWY 601 TMS#

6 BAMBERG COUNTY (PRISON FARM) 254 SLOW PITCH RD TMS# BAMBERG COUNTY (PRISON FARM) 256 SLOW PITCH RD TMS# BAMBERG COUNTY (PUBLIC LANDING) 72 CANNON BRIDGE RD COPE, S.C TMS# BAMBERG COUNTY (AIRPORT) 570 AIRPORT RD TMS# BAMBERG COUNTY (GOVAN LAD SITE) EHRHARDT RD TMS# BAMBERG COUNTY SHERRIFF'S DEPT. (COURT ORDER) 152 COX AVE BAMEBRG, S.C VALUE OF BUILDING: $66, TMS# BAMBERG COUNTY AIRPORT 570 AIRPORT ROAD VALUE OF WATER TOWER: $220, BAMBERG, SC VALUE OF AIRPORT HANGER W/SHOP: $128, TMS# VALUE OF MOBILE AIRPORT: $49, BAMBERG COUNTY LAND ON NORTH FOR ANNEX BLDG NORTH STREET VALUE OF LAND: $60, BAMBERG, SC 29003