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City of St Anthony E H L E R S <br /> Key Financial StrategiesT'" a A S S O C I A T E S I N C 67 <br /> Resource Options <br /> April 23, 2002 <br /> Capital Equipment Purchases <br /> Option Description Amount Impact Statement <br /> 1. Revenue Bonds Bonds issued to fund capital projects. Alternate to general <br /> Debt service supported by city revenues. obligation bonds. <br /> G.O. backed.Potential revenues include <br /> utilities,utility taxes, etc. Referendum not <br /> required. <br /> 2. Fund capital State law permits funding for certain Debt is subject to <br /> equipment capital purchases (ex: public safety, road debt limit and is <br /> W purchase through construction or maintenance) from GO payable within 5 <br /> A general obligation Equipment Certificates. years. Debt service <br /> (GO)equipment paid from debt levy <br /> certificates <br /> 3. General Voter approved bonds used to support Debt service paid <br /> Obligation Bonds capital improvements. from debt levy. <br /> 4. Lease Purchase HRA issued bonds paid from city Increases debt service <br /> Bonds revenues. levy. <br /> W 5. Developer Developer contributions for various Transfers costs to <br /> zContributions improvements including streets,parks, developers <br /> W streetscape. <br /> W <br /> 6. Relocate SAVI to Relocate the city owned business to a <br /> WHighway 88 place where higher traffic flow would <br /> z generate greater revenues for interfund <br /> transfers for capital purchases. <br />