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CITY OF LINO LAKES, MINNESOTA 1 <br />Statement 18 <br />STATEMENT OF GENERAL LONG - TERM DEBT <br />December 31, 1989 1 <br />December 31. <br />1989 1988 <br />Amount Available And To Be Provided For The <br />Retirement of Long -Term Debt <br />Amount available in Debt Service Fund $2,379,144 $825,235 <br />Amount to be provided- future tax levies/ assessments /tax increment collections 6.599201 3.344.895 <br />Total available and to be provided $8.978345 $4.170,130 I <br />General Long -Term Debt Payable <br />Bonds payable: <br />General Obligation Bonds: <br />1989 Equipment Certificates $300,000 <br />II <br />Total General Obligation Bonds 300.000 $0 <br />General Obligation Bonds with special assessments pledged: <br />G. O. Improvement Bonds of 1981 10,000 15,000 <br />G. O. Improvement Bonds of 1983 40,000 50,000 <br />G. O. Improvement Bonds of 1984 17,500 21,000 <br />G. O. Improvement Bonds of 1986 340,000 465,000 <br />G. O. Temporary Improvement Bonds of 1987 1,650,000 1,650,000 <br />G. O. Improvement Bonds of 1988A 1,160,000 1,160,000 <br />G. O. Temporary Improvement Bonds of 1988B 610,000 610,000 <br />G. O. Temporary Improvement Bonds of 1989 4,660.000 <br />Total General Obligation Bonds with special assessments pledged 8.487300 3.971,000 <br />Total Bonds Payable 8,787,500 3,971,000 <br />Assessments payable on City property 151,130 151,130 I <br />Contract for deed 32,000 48,000 1 <br />Capital lease - phone system 7.715 <br />Total general long -term debt $8,978,345 $4,170,130 <br />I <br />1 <br />1 <br />1 <br />The accompanying notes are an integral part of these financial statements. 1 <br />