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CITY INDEBTEDNESS <br /> Legal Debt Limit <br /> Legal Debt Limit (2%of Estimated Market Value) $6,202,124 <br /> Less: Outstanding Debt Subject to Limit (255.000) <br /> Debt Margin as of July 2, 1992 $5,947,124 <br /> General Obligation Debt Supported by Taxes <br /> Principal <br /> Date Original Final Outstanding <br /> of Issue Amount Purpose Maturi As of 7-2-92 <br /> 4-1-90 $315,000 Equipment Certificates* 2-1-1995 $255,000 <br /> This issue is subject to the statutory debt limit. <br /> General Obligation Debt Supported by Tax Increments <br /> Principal <br /> Date Original Final Outstanding <br /> of Issue Amount Purpose Maturity As of 7-2-92 <br /> 6-1-85 $ 545,000 Tax Increment 2-1-2001 $ 255,000 <br /> 12-1-85 2,125,000 Tax Increment 2-1-1993 275,000 <br /> 1-1-9.1 1,550,000 Tax Increment Refunding 2-1-1998 1.550,000 <br /> Total $2,080,000 <br /> General Obligation Debt Supported by Revenues <br /> Principal <br /> Date Original Final Outstanding <br /> of Issue Amount Purpose Maturi As of 7-2-92 <br /> 7-25-88 $874,703 Water System (Capital Appreciation) 7-1-1993 $ 874,703 <br /> 10-1-88 210,000 Sewer Revenue 10-1-1995 130,000 <br /> Total $1,004,703 <br /> Revenue Debt <br /> Principal <br /> Date Original Final Outstanding <br /> of Issue Amount Purpose Maturi As of 7-2-92 <br /> 7-1-87 $690,000 Liquor Store 1-1-1998 $ 480,000' <br /> 10-1-92 405,000 Liquor Store Refunding (this Issue) 1-1-1998 405,000 <br /> r <br /> Subtotal $ 885,000 <br /> Less: Refunded Bonds (415,000) <br /> Total $ 470,000 <br /> The 1994-1998 maturities are being refunded by this Issue. <br /> - 8 - <br />