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2017 CAFR
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CITY OF ST. ANTHONY, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2017 <br /> <br /> <br /> <br /> <br />PLEDGED REVENUE <br /> <br />Future revenue pledged for the payment of long-term debt is as follows: <br /> <br />Percent of Debt service Remaining Principal Pledged <br />Use of Total as a % of Term of Principal and Interest Revenue <br />Bond Issue Proceeds Type Debt Service Net Revenues Pledge and Interest Paid Received <br />2009A Tax Abatement Emerald Park improvements Tax abatement revenue 100% N/A 2009-2025 $ - $977,428 $117,297 <br />2017A Tax Abatement Refunding of 2009A Tax abatement revenue 100% N/A 2017-2025 945,155 - - <br />Emerald Park improvements <br />2017A Road Improvements Refunding of 2009A Special assessments 21%N/A 2017-2025 1,532,068 - - <br />Refunding road reconstruction Property taxes 79% <br />2009A Road Improvements 2009 road construction Special assessments 9%N/A 2009-2025 - 1,790,205 205,997 <br />Property taxes 91% <br />2010A Road Improvements 2010 road construction Special assessments 9%N/A 2010-2026 1,045,481 115,530 115,432 <br />Property taxes 91% <br />2011A Road Improvements 2011 road construction Special assessments 25%N/A 2011 - 2027 1,662,487 166,125 157,792 <br />Property taxes 75% <br />2012A Road Improvements 2012 road construction Special assessments 25%N/A 2012 - 2028 4,062,393 569,701 188,896 <br />Refunding Road improvement Property taxes 75% <br />Bonds 2006A,2007A <br />2012A Lease Revenue 2012 building improvements Property taxes 100%N/A 2012 - 2024 2,705,170 370,490 357,143 <br />Refunding Lease Revenue <br />Bonds 2003A <br />2013B Road Improvements 2013 road construction Special assessments 25% N/A 2013 - 2029 1,625,690 142,125 62,293 <br />Property taxes 75% <br />2014A Road Improvements 2014 road construction Special assessments 25%N/A 2014 - 2030 2,184,030 175,380 149,617 <br />Property taxes 75% <br />2015A Road Improvements 2015 road construction Special assessments 15%N/A 2015-2031 2,868,281 212,963 189,761 <br />Property taxes 85% <br />2016A Road Improvements 2016 road reconstruction Special assessments 14%N/A 2016 - 2032 1,711,043 36,357 124,637 <br />Property taxes 86% <br />Revenue Pledged Current Year <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />63
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