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CITY Of ROSEVIIIE. MINNESOTR <br />� � NOTES TO FINANCIAL STATEMENTS (CONTINUE�) <br />DECEMBER 37. 1990 <br />Note 9- Chanqes in Long Term Debt (Continued) <br />Table 7 <br />CaLcuLation of Differerce in cash Flou requiraoents ard <br />Econanic Gain <br />Cash Flou Difference <br />Cash ftows from city contri6ution from <br />sinking fund sources <br />Less <br />' Debt service cash flows <br />Excess cash flow from contribution <br />Economic Gain <br />City contribution from sinking fund <br />sources -Present Value <br />City contribution from sinking fund <br />sources-margin for cashflou <br />57,355,000 <br />7.289,713 <br />8 65.287 <br />86,500,000 <br />76,040 <br />Less <br />Present value of debt service 6,500,0�0 <br />Return of margin deposit-presenY value ?6,040 <br />Gain CLoss) S 0 <br />The escrow amount paid from the GeneraL Improvement eond Fund uas 56,576,040 and is shown in the "Other" <br />line item on Form B. <br />Note 10 - Defined Benefit Pension Ptans - Stateuide <br />A. Ptan Description <br />All fut L iime employees and rertain part-time employees ot the City, are rovered by defined benefit <br />pension plans administered by the Public Employees Retirement Associaiion of Minnesota (PERA). PERA <br />administers the Public EmpLoyees Retirement Fund (PERF) and the Public Emptoyers Police and Fire Fund <br />(PEPGF) which are cost-sharing muttiple-emptoyer public emptoyee retirement systems. PERF members belong to <br />43 <br />