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CCAgenda_04May19
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CCAgenda_04May19
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7/14/2009 2:38:19 PM
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CI~'~' ®~' ~'ALC®N ]EIEIG~'I'S,1V.IINNES®TA <br />G~l~lT'I'A~'I®N 4F LEGAL DEBT' 1VIARGIN <br />December 3I, 2003 <br />Estimated Market Value <br />Debt Limit: 2% of Market Value <br />Total Bonded Debt <br />Deductions: <br />1. Special Assessment Bonds <br />2. Tai; Increment Bonds <br />Total Debt Applicable to Debt Limit <br />Legal Debt Margin, December 31, 2003 <br />Source: Cite of Falcon Heiglzts financial records. <br />$ 2,440,000 <br />$ 1,085,000 <br />1,355,000 2,440,000 <br />Table 10 <br />• <br />~ 269,679.600 <br />$ 5,393,592 <br />$ 5,393,592 <br /> <br />• <br />88 <br />
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