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2002-09-25 CC Packet
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2002-09-25 CC Packet
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5/13/2009 10:41:58 AM
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<br />I <br /> <br />CITY OF CENTERVILLE, MINNESOTA <br />GENERAL OBLIGATION DEBT <br />(As of September 3, 2002, Plus This Issue) <br /> <br />fl) These bonds are payable primarily from net revenues of the municipal water utility system and additionally secured hy ad valorem taxea on <br />aI/taxable property within the City and withoutlimitalion oj amount. <br />(1) These bonds are payable primarily from net revenues of lhe municipal U'Wfr utility system Qnd additionally secured by ad valorem taxes (In all <br />taxable property within the City and 'Without limitation of amount. <br />(3) 1hese honds are payable primarily from special assessments against all benefitted property and additionally seCUT'ed by ad valorem taxes on <br />aU taxable property within the City and without limitation of amount. <br />(4) 7hese bonds current refunded $240,000 of the $6/5,000 General Obligation Improvement Bonds, Series /987, do.ted July J, 1987. Maturities <br />1999 through 2003, inclusive, were calledfor redemption on August I, 1998 at a price (If par plus accrued interest. <br />(5) Maturltiesojthese bonds 0) 2000 through 2001, inclusive, (ii) 2002 through 2004, inclusive, (iii) 2005 through 2006, inclusive and (iv) <br />2007 through 2009. inclusive, are subject to mandatory redemption on February 1 of their respective years. <br /> <br />-26 - <br />
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