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Description of Bonds <br />1) Municipal Building <br />2) G.O. Improvement Bonds of 1974 <br />Totals <br />Details on Bond Issues Outstanding: <br />1) <br />2) <br />Schedule A -7 <br />CITY OF LINO LAKES <br />Anoka County, Minnesota <br />BONDED INDEBTEDNESS <br />December 31, 1975 <br />Balance 1975 Balance <br />1/1/75 Payments 12/31/75 <br />$ 80,000.00 $ 10,000.00 $ 70,000.00 <br />180,000.00 180,000.00 <br />$260,000.00 $ 10,000.00 $250,000.00 <br />Date of Amount of Interest Payment Maturity <br />Issue Issue Rates Dates Date <br />3/1/70 $100,000.00 6.50 -6.80% 3/1 & 9/1 3/1/82 <br />10/15/74 180,000.00 * *6.50% 1/15 & 7/15 1/15/81 <br />DETAILS ON PRINCIPAL AND INTEREST ON BONDS BY YEARS <br />December 31, 1975 <br />* *Net Interest Cost 6.85762% <br />Municipal Building Bonds: <br />Principal Interest *Tax <br />March 1 March 1 September 1 Levy <br />1975 $ $ $ $14,800.00 <br />1976 10,000.00 2,347.50 2,022.50 14,100.00 <br />1977 10,000.00 2,022.50 1,692.50 13,400.00 <br />1978 10,000.00 1,692.50 1,357.50 12,700.00 <br />1979 10,000.00 1,357.50 1,020.00 12,000.00 <br />1980 10,000.00 1,020.00 680.00 11,300.00 <br />1981 10,000.00 680.00 340.00 <br />1982 10) 000.00 340.00 <br />Total <br />$70,000.00 $9,460.00 $7,112.50 $78,300.00 <br />*Collectible during year following levy. <br />Schedule A -7a <br />(Continued) <br />