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CITY OF ST. ANTHONY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2019
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<br />As of December 31, 2019, the long-term debt of the City consisted of the following:
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<br />Interest Issue Maturity Original Payable
<br />Rates Date Date Issue 12/31/19
<br />Governmental Activities:
<br />G.O. Improvement Bonds:
<br />G.O. Improvement Refunding Bonds, Series 2011B 0.40-2.00% 12/29/2011 2/1/2021 $2,210,000 $400,000
<br />G.O. Improvement Bonds, Series 2013B 0.45-2.625% 4/23/2013 2/1/2029 1,775,000 1,200,000
<br />G.O. Improvement Bonds, Series 2014A 2.00-3.30% 4/10/2014 2/1/2030 2,070,000 1,560,000
<br />G.O. Improvement Bonds, Series 2015A 2.00-3.00% 5/19/2015 2/1/2031 2,580,000 2,110,000
<br />G.O. Improvement Bonds, Series 2016A 2.00-2.75% 6/2/2016 2/1/2032 1,455,000 1,280,000
<br />G.O. Improvement Refunding Bonds, Series 2017A 3.00% 5/18/2017 2/1/2033 1,355,000 1,045,000
<br />G.O. Improvement Bonds, Series 2017A 3.00% 5/18/2017 2/1/2033 2,600,000 2,455,000
<br />G.O. Improvement Bonds, Series 2018A 3.00-4.00% 5/15/2018 2/1/2034 2,610,000 2,610,000
<br />G.O. Improvement Refunding Bonds, Series 2019A 2.25-4.00% 7/18/2019 2/1/2027 1,335,000 1,335,000
<br />Total improvement bonds 16,655,000 13,995,000
<br />G.O. Tax Increment Revenue Bonds:
<br />G.O. Tax Increment Refunding Bonds, Series 2014B 2.00-3.50% 7/24/2014 2/1/2031 3,665,000 2,840,000
<br />G.O. Tax Increment Refunding Bonds, Series 2015B 2.00-3.00% 12/29/2015 2/1/2031 4,310,000 3,400,000
<br />Total tax increment revenue bonds 7,975,000 6,240,000
<br />G.O. Tax Abatement Bonds:
<br />G.O. Tax Abatement Bonds, Series 2016B 2.00% 6/2/2016 2/1/2026 1,445,000 635,000
<br />G.O. Tax Abatement Refunding Bonds, Series 2017A 3.00% 5/18/2017 2/1/2025 835,000 645,000
<br />G.O. Tax Abatement Refunding Bonds, Series 2019A 3.00-4.00% 7/18/2019 2/1/2035 1,145,000 1,145,000
<br />Total tax abatement bonds 3,425,000 2,425,000
<br />G.O. Lease Revenue Refunding Bonds:
<br />G.O. Lease Revenue Refunding Bonds, Series 2012A 2.00-2.75% 4/25/2012 2/1/2024 3,995,000 1,850,000
<br />Other G.O. Bonds:
<br />G.O. Refunding Bonds, Series 2012A 2.00-2.75% 4/25/2012 2/1/2028 5,440,000 2,720,000
<br />G.O. Street Reconstruction Bonds, Series 2014C 2.00-3.00% 7/24/2014 2/1/2024 1,305,000 755,000
<br />G.O. Equipment Certificate, Series 2017A 3.00% 5/18/2017 2/1/2027 520,000 470,000
<br />Total other G.O. bonds 7,265,000 3,945,000
<br />Unamortized bond premiums N/A 894,108
<br />Total - bonded indebtedness 39,315,000 29,349,108
<br />Compensated absences payable N/A 704,606
<br />Total - governmental activities 39,315,000 30,053,714
<br />Business-type activities
<br />Revenue Bonds:
<br />G.O. Water and Sewer Revenue Bonds, Series 2013A 2.00% 4/16/2003 2/1/2024 1,440,000 715,000
<br />Unamortized bond premiums N/A 18,408
<br />Total - bonded indebtedness 1,440,000 733,408
<br />Compensated absences N/A 196,578
<br />Total City indebtedness - business-type activities 1,440,000 929,986
<br />Total City indebtedness $40,755,000 $30,983,700
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