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Annual Financial Report 12/31/1987
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Annual Financial Report 12/31/1987
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Annual Financial Report
Date
12/31/1987
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General Obligation Bonds: <br />1985 Certificates of Indebtedness <br />1987 Equipment Certificates <br />CITY OF LINO LAKES, MINNESOTA <br />COMBINED SCHEDULE OF INDEBTEDNESS <br />December 31, 1987 <br />Final Prior Years <br />Interest Maturity Original <br />Rates Dated Date Issue <br />6.25 - 6.75 12/1/85 12/1/88 $107,500 <br />6.75 11/1/87 11/1/88 0 <br />Total General Obligation Bonds 107,500 <br />General Improvement Bonds with special assessments pledged: <br />G. O. Improvement Bonds of 1977 5.00 7/16/77 7/26/87 63,200 <br />G. O. Improvement Bonds of 1981 10.64 12/1/81 12/1/91 45,000 <br />G. O. Improvement Bonds of 1982 7.25 - 8.80 10/1/82 2/1/91* 750,000 <br />G. O. Improvement Bonds of 1983 8.65 1001/83 10/1/93 100,000 <br />G. O. Improvement Bonds of 1984 6.50 5/1/84 11/1/94 35,000 <br />G. O. Temporary Improvement Bonds of 1985 7.03 11/1/85 11/1/88 1,850,000 <br />G. O. Improvement Bonds of 1986 5.43 12/1/86 2/1/97 475,000 <br />G. O. Temporary Improvement Bonds of 1987 5.43 9/1/87 9/1/90 0 <br />Total General Improvement Bonds with special assessments pledged 3,318,200 <br />Total - All Bonds 3,425,700 <br />Contract for deed 8.00 10/1/87 7/1/91 80,000 <br />Total indebtedness $3,505,700 <br />*Bonds maturing in years 1989 through 1991 representing $375,000 called on 2/1/87 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />
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