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GIIY UY nOSEVILLt. MINNt3UlA <br />NOTES TO FINANCIAL STATEMENTS - fCONTINUED) <br />DECEMBER 31.1990 <br />Note 5- Due from Other Governments (Continued) <br />The SaniTary Seuer fund batance sheet (enterprise fundg) indicates 567,318 due from o[her governments. <br />This baLance represents the current portion of ihe deferred receivabte due from the Metropolitan Vaste <br />Control Cortmission for purchase of the City's seuer interceptors. The 6alance of 8740,835, due trom the <br />Comnission is shoun as a tong-term receivable. <br />Note 6- Speciat Revenue (Comnunity DeveLopnent BLock Grant and Local Development CorporatioN <br />In 1987, the City entered into an agreement.uith Ramsey County for the purposes of removing blighted <br />structures, improving air quality and increasing emptoymen[ opportunities for lou to moderate income <br />persons in redeveloqnent areas of the City. <br />7he County, through the U. S. Government Community Development Program, provided a number of Comnunity <br />Developnent Block Grants. The a9reement betueen the Couniy and City provides for the grant as a loan re- <br />tained by ihe City. The City may use The proceeds of the etock Grants as revotving loan funds for specific <br />projects uhich meet both Couniy and iederal guidelines. <br />The agreement uith Ramsey County requires City financiat involvement. These funds are inctuded in the <br />speciat revenue fund types because the ultimate conditions best meet Special Revenue detinitions. <br />Note 7- fixed Assets/PropertY and Equipnent <br />Chan9es in the Generat fixed Asset Account Group for 1990 uere as toLlows: <br />Land <br />Buildi�ngs <br />Improvements <br />other [han <br />buiLdings <br />Machinery and <br />equipnent <br />Construction <br />in progress <br />TOTAL <br />Balance Batance <br />January 1, December 31, <br />1990 Addiiions Disposats 1990 <br />8 1,781,185 8 9,T52 <br />3,950,677 591,852. <br />45,456,988 3,546,163 <br />S 1,790,917 <br />4,542,529 <br />49,003,151 <br />3,561,156 941,685 S 80,880 4,421,962 <br />229.619 155,319 229,619 155,319 <br />854 979 625 � 5.244,752 S 310,499 859,913 878 <br />38 <br />