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Description of Bonds
<br />1) Temporary Improvement
<br />2) Municipal Building
<br />Totals
<br />Details on Bond Issued Outstanding:
<br />1973
<br />1974
<br />1975
<br />1976
<br />1977
<br />1978
<br />1979
<br />1980
<br />1981
<br />1982
<br />Date of
<br />Issue
<br />VILLAGE OF LIMO LAKES
<br />ANOKA COUNTY, MINNESOTA
<br />BONDED INDEBTEDNESS
<br />December 31, 1973
<br />Amount of
<br />Issue
<br />$550,000.00
<br />100,000.00
<br />Balance
<br />1/1/73
<br />$550,000.00
<br />95,000.00
<br />$645,000.00
<br />Interest
<br />Rates
<br />3.60%
<br />6.50 -6.80%
<br />Municipal Building Bonds of 1970
<br />Principal
<br />March 1
<br />10,000,00
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />10,000.00
<br />Total $ 90,000.00
<br />Payments Due
<br />Interest
<br />' March 1 September 1
<br />$ 3,022.50 $ 2,685.00
<br />2,685.00 2,347.50
<br />2,347.50 2,022,50
<br />2,022.50 1,692.50
<br />1,692.50 1,357,50
<br />1,357.50 1,020.00
<br />1,020.00 680.00
<br />680.00 340.00
<br />340.00
<br />$ 15,167.50 $ 12,145.00
<br />Schedule A -8
<br />1973 Balance
<br />Payments 12/31/73
<br />$550,000,00
<br />5,000.00 90,000.00
<br />$ 5,000.00 $640,000.Q0
<br />Payment
<br />Dates
<br />5/1/ & 11 /1
<br />3/1 & 9/1
<br />* *Tax
<br />Levy
<br />Maturity
<br />Date
<br />*11/1/74
<br />3/1/82
<br />Temporary
<br />Improvement
<br />Bonds of
<br />1971
<br />Interest Due
<br />$ 16,200.00 $
<br />15,500.00 19,800.00
<br />14,800,00
<br />14,100.00
<br />13,400,00
<br />12,700,00
<br />12,000,00
<br />11,300,00
<br />$110,000,00 $ 19,800,00
<br />*Temporary Improvement Bonds of 1971 are callable 11/1/73 and 5/1/74, at par,
<br />* *Collectible during year following levy.
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