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Annual Financial Report 12/31/1988
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Annual Financial Report 12/31/1988
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Annual Financial Report
Date
12/31/1988
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General Obligation Bonds: <br />1985 Certificates of Indebtedness <br />1987 Equipment Certificates <br />Total General Obligation Bonds <br />CITY OF LINO LAKES, MINNESOTA <br />COMBINED SCHEDULE OF INDEBTEDNESS <br />December 31, 1988 <br />Interest <br />Rates <br />6.25 - 6.75 <br />6.75 <br />General Improvement Bonds with special assessments pledged: <br />G. O. Improvement Bonds of 1981 10.64 <br />G. O. Improvement Bonds of 1982 7.25 - 8.80 <br />G. O. Improvement Bonds of 1983 8.65 <br />G. O. Improvement Bonds of 1984 6.50 <br />G. O. Temporary Improvement Bonds of 1985 7.03 <br />G. O. Improvement Bonds of 1986 5.43 <br />G. O. Temporary Improvement Bonds of 1987 5.43 <br />G. O. Improvement Bonds of 1988 6.43 <br />G. O. Temporary Improvement Bonds of 1988 6.20 <br />Total General Improvement Bonds with special assessments pledged <br />Total - All Bonds <br />Contract for deed <br />Total indebtedness <br />* Bonds maturing in years 1989 through 1991 representing <br />$375,000 were called on 2/1/87 <br />Dated <br />12/1/85 <br />11/1/87 <br />12/1/81 <br />10/1/82 <br />1001/83 <br />5/1/84 <br />11/1/85 <br />12/1/86 <br />9/1/87 <br />10/1/88 <br />10/1/88 <br />8.00 10/1/87 <br />Final <br />Maturity <br />Date <br />12/1/88 <br />11/1/88 <br />12/1/91 <br />2/1/91* <br />10/1/93 <br />11/1/94 <br />11/1/88 <br />2/1/97 <br />9/1/90 <br />2/1/97 <br />10/1/91 <br />Prior Years <br />Original <br />Issue <br />$107,500 <br />78,000 <br />185.500 <br />45,000 <br />750,000 <br />100,000 <br />35,000 <br />1,850,000 <br />475,000 <br />1,650,000 <br />1,160,000 <br />610,000 <br />6,675,000 <br />6,860,500 <br />7/1/91 80,000 <br />$6,940,500 <br />
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