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CITY OF ST. ANTHONY, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2018 <br /> <br /> <br /> <br /> <br />2017A Road Improvements 2017 road reconstruction Special assessments 16%N/A 2017 - 2033 3,220,100 93,817 267,248 <br />Property tax levy 84% <br />2017A Equipment Certificate 2017 Equipment note Tax abatement revenue 100% N/A 2017 - 2033 593,350 18,763 232,550 <br />2014C Road Improvements Refunding of 2008A Property tax levy 100% N/A 2014 - 2024 967,138 162,825 154,554 <br />Silver Lake Road improvements <br />2009B Road Improvements Refunding of 2001B and 2002A Special assessments 7%N/A 2009-2018 - 120,140 - <br />Refunding Road Improvement Bonds Property tax levy 93% <br />2015B TIF Refunding 2006B TIF Bonds TIF 100% N/A 2015-2031 4,304,294 316,912 448,879 <br />2014B TIF Refunding 2007 TIF Bonds TIF 100% N/A 2015 -2031 3,674,063 270,325 383,155 <br />2013A G.O. Water/Sewer Refunding 2003B G.O. Charges for services 100% 42% 2013-2024 897,250 148,200 2,121,689 <br />Revenue Water/Sewer Revenue Bonds <br />2011A Road Improvements Refunding 2003A Street Special assessments 22%N/A 2011 - 2026 147,356 146,813 104,896 <br />Refunding Improvement Bonds Property tax levy 78% <br />2011B Road Improvements Refunding 2004A and 2005A Special assessments 25%N/A 2012 - 2020 681,025 273,530 189,468 <br />Refunding Street Improvement Bonds Property tax levy 75% <br /> <br /> <br />Note 7 DEFINED BENEFIT PENSION <br /> <br />A. COST SHARING MULTIPLE – EMPLOYER PLANS <br /> <br />PLAN DESCRIPTION <br /> <br />The City participates in the following cost-sharing multiple-employer defined benefit pension plans <br />administered by the Public Employees Retirement Association of Minnesota (PERA). PERA’s <br />defined benefit pension plans are established and administered in accordance with Minnesota Statutes, <br />Chapters 353 and 356. PERA’s defined benefit pension plans are tax qualified plans under Section <br />401(a) of the Internal Revenue Code. <br /> <br /> 1. General Employees Retirement Fund (GERF) <br /> <br />All full-time (with the exception of employees covered by PEPFF) and certain part-time <br />employees of the City are covered by the General Employees Retirement Fund (GERF). GERF <br />members belong to the Coordinated Plan. Coordinated Plan members are covered by Social <br />Security. <br /> <br /> 2. Public Employees Police and Fire Fund (PEPFF) <br /> <br />The PEPFF, originally established for police officers and firefighters not covered by a local relief <br />association, now covers all police officers and firefighters hired since 1980. Effective July 1, <br />1999, the PEPFF also covers police officers and firefighters belonging to a local relief association <br />that elected to merge with and transfer assets and administration to PERA. <br /> <br />66