PL PACKETS 09211999 - Laserfiche WebLink

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THE CITY General Obligation Debt Supported Primarily By Special Assessments Principal Date Original Final Outstanding of Issue Amount Purpose Maturity As of 1-2-99 8-1-93 $470,000 Improvements 2-1-2009 $ 360,000 6-1-94 525,000 Improvements 2-1-2010 460,000 3-1-95 825,000 Improvements 2-1-2011 785,000 4-1-97 690,000 Improvements 2-1-2013 690,000 4-1-98 725,000 Improvements 2-1-2014 725,000 4-1-99 425,000 Improvements (this Issue) 2-1-2015 425.000 Total $3,445,000 General Obligation Debt Supported by Tax Increments Principal Date Original Final Outstanding of Issue Amount Purpose Maturity As of 1-2-99 1-1-94 $ 215,000 Tax Increment Refunding 2-1-2001 $ 100,000 12-1-95 2,650,000 Tax Increment 2-1-2010 2;245,000 7-1-96 1,720,000 Taxable Tax Increment 2-1-2013 1.720.000 Total $4,065,000 Revenue Debt Principal Date Original Final Outstanding of Issue Amount Purpose Maturity As of 1-2-99 8-1-97 $940,000 Liquor Revenue 1-1-2012 $895,000 Other Debt The City entered into two equipment note agreements for equipment used in its liquor operations. One of the agreements has an outstanding balance of $4,736 at December 31, 1998 and requires monthly payments of $273, including interest; this agreement matures August 1, 2000. The other agreement has an outstanding balance of $6,909 at December 31, 1998. This agreement requires monthly payments of $185 and matures December 1, 2002. Both agreements are secured by the equipment. Scheduled note maturities for subsequent years are: 1999 - $4,044; 2000 - $3,546; 2002 - $1,701; and 2002 - $2,602.