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12-13-1989 Council Agenda
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12-13-1989 Council Agenda
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CITY OF LITTLE CANADA, MINNESOTA <br />BONDED DEBT TAX LEVIES <br />ANALYSIS INFORMATION - STRATEGY /PLAN <br />Bond Issue Strategy /Plan <br />MSA Bonds - 1981 and 1986 <br />Revenue (Building) Bonds of 1981 <br />1986 Storm Sewer Bonds <br />S.A. Bonds of 1966 and 1967 <br />S.A. Bonds of 1976 <br />S.A. Bonds of 1978 <br />S.A Bonds of 1983 <br />Refunding Bonds of 1985 <br />EXHIBIT F <br />- No debt service tax levies to finance <br />bond interest per current instructions <br />from State. Interest on MSA Bonds to be <br />financed by MSA maintenance and /or <br />construction allotments for 1988 and <br />all future years. <br />- Tax Levy @ $10,000 per year per City <br />policy. <br />- Certify scheduled levies per original <br />Council resolution. <br />- 15% cancellation per the 8/87 Debt <br />Study. <br />- Full cancellation per the 8/87 Debt <br />Study. <br />- 15% cancellation per the 8/87 Debt <br />Study. <br />- Full levy per the 8/87 Debt Study. <br />- 25% cancellation per the 8/87 Debt <br />Study. <br />Page 10 <br />
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