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CCP 07-13-1992
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CCP 07-13-1992
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5/8/2007 1:08:54 PM
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11/6/2006 2:39:00 PM
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<br /> , . <br /> ~1W) <br /> $2 MILLION PRO.JE.:::r $3 MILLION PROJECT <br /> G.O. BOND MUNICIPAL LEZlSE G.O. BOND MUN. LEASE <br /> ~ ( fr) (c..) 0)) <br /> DFSCRIPI'ION 5/26/92 7 6 92 5/26/92 7/6/92 7/6/92 7/6/92 <br /> Term 20 YRS 20 YRS 20 YRS 20 YRS 20 YRS 20 YRS <br /> Avg Annual Debt Serv $191K $187K $193K $193K $279K $2851< <br /> Est. Avg Coupon Rate 6.232% 5.959% 6.334% 6.295% 5.958% 6.348% <br /> Avg. Annual Property <br /> Tax In=ease (Before <br /> Homestead Credit) <br /> for HCMESI'EAD Prooertv <br /> - $100K MV $40 $39 $23 $22 $58 $32 <br /> - $125K MV N/A $49 N/A $31 $73 $46 <br /> - $150K MV N/A $59 N/A $42 $88 $62 <br /> Avg. Annual Property Tax <br /> ~ease on Connnercial/ <br /> trial Prooertv <br /> - $200K MV N/A $79 N/A $162 $117 $239 <br /> - $500K MV $202 $197 $407 $406 $292 $599 <br /> - $lOOOK MV N/A $394 N/A $811 $584 $1197 <br /> 'Ibis information is provided to familiarize everyone with approx:i1nate :i1npa.cts <br /> on city Debt Service requirements, Homestead Property Tax in=eases, and <br /> Corrrrnercial/Industrial Property Tax in=eases depending upon project size and <br /> financing alternative chosen. <br /> TP:rk <br /> attachments <br /> . <br /> - -------- --------- u_ -------- <br />
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