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CITY OF ROSEVIILF. MINNESOTA <br />NOTES TO PINANCIAL STAiEMENT CCONTINUED) <br />DECEXBER 37. 1997 <br />Note 19 • lieioa2ion <br />The City had the wwt and ewtamry types of �iatttlarnou� cUim� pendirp at year end, inostly of a minor <br />n�ture, srd uswlly all cover�d by irourenee e�rri�d for th�t purpoae o� the City hes reservcd funds for <br />setttaent. The Lity etso earries penonet injury insuranee �y�irut suita for telae s�rest, libel, stander, <br />violatian of priv�ey, ��onpful entry, ete., whielf su{ts oan �rise fram enforeemmt of the city code and generel <br />tew. <br />Note 20 • Subseouent Events <br />On febnury 9, 1492, tha Cfty sold 52,200,000 of 9�r�� ��tYation i�rovement bords. The bonds ere due in <br />erw�sl irutetlments ot f100,000 - f215,000 throuph Mareh 1, 2007 at an effective interest raee of5.935X. <br />On Febrwry t, 1992, the City sold 520,035,000 of pmeral oblipation tax inc�ement refunding bords. The boMs <br />are due in arrwsl irutslt�ents of 57,215,000 - 52,250,000 th�aqh Feb�usry 1, 2006 at an effeetive interest rete <br />of 5.855X. <br />54 <br />