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4) Housing and Redevelopment Authority: <br /> A. On-Going - annual Levy to reimburse City for <br /> administration cost associated with the H.R.A. <br /> S) Tax Abatement Bond— Central Park: <br /> A. Issued bonds totaling $625,000 in 2001 for the <br /> redevelopment of Central Park. <br /> B. 15 Year Bond/Levy of approximately $30,000 <br /> annually. <br /> C. Last year of Levy = 2015. <br /> D. School Districts annual payment = $37,000. <br /> 6) PERA Rate Increase: <br /> A. Approved by State Statue in 2001. <br /> B. On-Going - annual Levy to pay for employer <br /> increases in PERA (pension contributions for <br /> employees). <br />