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CITY OF LINO LAKES, MINNESOTA
<br />SCHEDULE OF GENERAL LONG - TERM DEBT
<br />December 31, 1995
<br />Statement 22
<br />Amount Available And To Be Provided For The
<br />Retirement of Long -Term Debt:
<br />Amount available in Debt Service Fund
<br />Amount to be provided - future tax levies/ assessments /tax increment collections
<br />Total available and to be provided
<br />General Long -Term Debt Payable:
<br />December 31,
<br />1995 1994
<br />$701,502 $1,635,861
<br />6,291,323 6,018,008
<br />$6,992,825 $7,653,869
<br />Bonds payable:
<br />General Obligation Bonds:
<br />1989B Equipment Certificates $ $60,000
<br />1990A Equipment Certificates 18,500
<br />1992 Equipment Certificates 50,000
<br />1994 Equipment Certificates 75,000 150,000
<br />1995 Equipment Certificates 176,000 -
<br />Public Project Revenue Bonds - 1990A 1,090,000 1,115,000
<br />Total general obligation bonds 1,341,000 1,393,500
<br />Special assessment bonds:
<br />G. O. Improvement Bonds of 1988A 500,000
<br />G. O. Improvement Bonds of 1992A 3,190,000 3,340,000
<br />G. O. Temporary Improvement Bonds of 1994A 2,095,000 2,095,000
<br />Total special assessment bonds 5,285,000 5,935,000
<br />Total bonds payable 6,626,000 7,328,500
<br />Assessments payable on City property 10,510 10,510
<br />Contract for deed payable 172,300 225,300
<br />Compensated absences payable 184,015 89,559
<br />Total general Long -term debt $6,992,825 $7,653,869
<br />92
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