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CITY OF ROSEYILLE. MIMNESOTA
<br />MOTES TO FINANC1Al STATEMEMTS CCONTINUED)
<br />DECENBER 31. 1999
<br />Note 8- Law-Term Debt
<br />The City hss four types of borded debt outstardinq �t Deeanber 31, 1991 They �re:
<br />(1> Gmerat Ohtfpatim Bords. <2) Gcnenl ObLipetion IaQrovenents (Speciat �ssessmmU
<br />Borrk, <3) Gener�l Obli9���� Stete Aid Xighway Bads, �nd (4) Generd Obtigation Taz
<br />Inerammt Bords.
<br />The first type of 6orWs is payable solely from penerat prop�rty taxes. The seeond type
<br />is peyeble primerity fraw gsnerol property taxes erd speeisl assesmnts. The third
<br />type is psysbte from atete aid reverxxs. TAe fourth type is p�yeble from taa inercmmts.
<br />Thera �re e rxa�er of lia�itations and restrietiom eontainad in the v�riaus bad indentures.
<br />Tbe Lity is in eonplien�e �ith all signifiesnt lin�it�tiau ard restrictions. All bonded
<br />debt is beeked by the full faith ard eredit ot the City.
<br />Future arturities of bondnd debt, iroludirg interest toulirg f27,026,<33 are as follare:
<br />Ganeral
<br />Obliq�tim W�e��l
<br />Iwqrovearnt Obligetian G�ranl
<br />(Speeisl General Ste4e Aid Oblipation
<br />Ye�� Ending Asaessmmt Obtipetion Xiqhway Tex Increment
<br />Deember 31 8mds Bords � Bonds Total
<br />1992 7,625,967 62,050 248,167 2,364,155 6,299,533
<br />1993 1,832,976 58,625 250,ST2 2,623,385 4,565,558
<br />1994 1,822,922 55,175 252,078 2,425,347 4,555,522
<br />1995 1,809,248 51,725 252,682 2,636,197 4,549,852
<br />7996 1,8/6,663 257,i30 2.444,746 4,578,539
<br />1997 1,808,755 260,152 2,450,095 4,519,002
<br />7998-2007 12.502.624 9.339.685 22.971.118 36.753.G27
<br />TOiAL 523.218.349 f 227.575 52.860,466 537.455.043 f63.761.433
<br />General Oblipation Iwprovemeni
<br />(Speeial Asseesmmt) Bardn:
<br />f2,865,000 Generot I�rovement Seriee Mt2 of 19a5 due {n �rraul imteltments
<br />of 5180,000 • 5205,000 thraqh Movenber i, 2002; nat fntere�t E.17X 2 2,165,000
<br />f4,500,000 General I�nprovewmt Seriea M14 oi 1D88 due in wwl IMtdln�mts
<br />of 5150,000 • 5355,000 through Nareh i, 2003; net interest 6.56% 2 3,985,000
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