|
CITY OF LINO LAKES, MINNESOTA
<br />SCHEDULE OF GENERAL LONG - TERM DEBT
<br />December 31, 1998
<br />Statement 23
<br />Amount Available And To Be Provided For The
<br />Retirement of General Long -Term Debt:
<br />December 31,
<br />1998 1997
<br />MEMO
<br />Amount available in Debt Service Fund
<br />Amount to be provided - future tax levies /assessments /tax increment collections
<br />$1,989,218 $1,009,512
<br />19,263,448 9,010,771
<br />Total available and to be provided $21,252,666 $10,020,283
<br />General Long -Term Debt Payable:
<br />Bonds payable:
<br />General Obligation Bonds:
<br />1996 Equipment Certificates 75,000 150,000 "
<br />1997 Equipment Certificates 150,000 225,000
<br />1998 Equipment Certificates 287,734 -
<br />Public Project Revenue Bonds - 1990A 1,000,000 1,040,000
<br />Civic Complex Lease Revenue Bonds - 1998A 5,350,000 -
<br />Total general obligation bonds 6,862,734 1,415,000
<br />Special assessment bonds:
<br />G. O. Improvement Bonds of 1992A 2,520,000 2,770,000
<br />G. O. Improvement Bonds of 1996A 4,385,000 4,685,000
<br />G. O. Improvement Bonds of 1998A 4,310,000
<br />G. O. Improvement Bonds of 1998B 2,000,000
<br />Total special assessment bonds 13,215,000 7,455,000
<br />MOM
<br />Total bonds payable 20,077,734 8,870,000
<br />Contract for deed payable 946,020 946,020 _
<br />Compensated absences payable 228,912 204,263
<br />Total general long -term debt $21,252,666 $10,020,283
<br />OMNI
<br />108
<br />
|