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CITY OF ROSEVILLE MINNESOTA
<br />NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
<br />DECEMBER 31, 1985
<br />Note 6 - LonQ-Term Debt (Continued)
<br />General Obligation Improvement
<br />(Special Assessment) Bonds (continued):
<br />$5,125,000 General Improvement Series 1i11 of 1983 due in annual installments '
<br />of $225,000 -$350,000 through June; 1998; net interest 8.417 4,550,000
<br />$2,885,000 General Improvement Series 1112 of 1985 due in annual installments '
<br />of $180,000 -$ZO5,000 through November 1, 2002; net interest 8.117 2,885,000'
<br />Total General Obligation (Special Assessment) Bonds $13,845,000
<br />General Obligation Revenue Bonds:
<br />$290,000 Golf Course Bonds of 1967 due in annual installments of $5,000 -
<br />$15,000 through July 1, 1987; net interest 4.27�
<br />$490,000 Ice Arena Bonds of 1968 due in annual installments of $5,000 -
<br />$25,000 through February 1, 1990; net interest 4.729
<br />Total General Obligation Revenue Bonds
<br />General Long Term Debt Bonds:
<br />$850,000 City Hall Bonds of 1975 due in annual installments of $40,000 -
<br />$50,000 through May 1, 1995; net interest 6.54�
<br />$2,225,000 State Aid Highway Bonds of 1985 due in annual installments of
<br />$70,000 -$260,000 through February 1, 2002; net interest 8.06%
<br />$14,300,000 Tax Increment Bonds Series 1 due in annual installments of
<br />$100,000 -$1,525,000 through February 1, 2006; net interest 8.06%
<br />$8,420,000 Tax Increment Bonds Series 2 due in annual installments of
<br />$150,000 -$900,000 through February 1, 2006; net interest 8.09�
<br />Total General Long Term Debt Bonds
<br />Changes In Bonded Debt During 1985 are Summarized as Follows:
<br />General Obligation Improvement
<br />(Special Assessment) Bonds
<br />General Obligation Revenue Bonds
<br />General Long Term Debt Bonds
<br />Balance
<br />Sanuary 1
<br />1985
<br />12,155,000
<br />195,000
<br />530,000
<br />12,880,000
<br />-36-
<br />Issued
<br />2,885,000
<br />24,945,000
<br />27,830,000
<br />$ 30,000
<br />125,000 `
<br />$ 155,000'
<br />$ 485,000
<br />$ 2,225,000
<br />$14,300,000 i
<br />8,420,000 '
<br />$25,430,000
<br />Balance
<br />December 31
<br />Paid 1985
<br />1,195,000 13,845,000
<br />40,000 155,000
<br />45,000 25,430,000
<br />1,280,000 39,430,000
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