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2007 CAFR
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2007 CAFR
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<br />NONMAJOR DEBT SERVICE FUNDS <br /> <br />Nonmajor Debt Service Funds are used to account for the accumulation of resources used for the payment <br />of principal and interest on long-term debt. <br /> <br />1992B Improvement Bonds - The $620,000 General Obligation Improvement Bond is to finance public <br />improvements and refund $420,000 of the General Obligation Improvement Bond of 1984. <br /> <br />1999A Tax Increment Bonds - The $1,195,000 General Obligation Tax Increment Bond is to finance <br />the Senior Housing Development Project undertaken jointly with Anoka County Housing and <br />Redevelopment Authority. <br /> <br />2000A Capital Equipment Certificates - The $257,000 General Obligation Capital Equipment <br />Certificate oflndebtedness is to finance the acquisition of capital equipment. <br /> <br />2000B Tax Increment Bonds - The $1,695,000 General Obligation Tax Increment Bond is to finance <br />the construction of Water Tower No.2 and Well No.5. <br /> <br />2001A Taxable Tax Increment Bonds - The $1,680,000 General Obligation Tax Increment Bond is to <br />finance the purchase of land known as the Maken and Sauter parcels in TIF Districts No.2 and 8. <br /> <br />2001B/2007B Tax Increment Bonds - The $920,000 General Obligation Tax Increment Bond is to <br />finance public improvements on the Makens parcel in TIF District No.8. The original issue was refunded <br />with a $945,000 General Obligation Tax Increment Refunding Bond in 2007. <br /> <br />200lC Tax Increment Bonds - The $1,045,000 General Obligation Tax Increment Bond is to finance <br />the construction of Azurite Street and the continuation of Sunwood Drive in the Sunfish Business Park in <br />TIP District No. 10. <br /> <br />2002A Capital Equipment Certificates - The $295,000 General Obligation Capital Equipment <br />Certificate of Indebtedness is to finance the acquisition of capital equipment. <br /> <br />2003 Tax Increment Refunding Bonds - The $945,000 General Obligation Tax Increment Refunding <br />Bond is to refund the General Obligation Tax Increment Bond of 1993A. <br /> <br />2003 Tax Increment Crossover Bonds - The $1,285,000 General Obligation Tax Increment Crossover <br />Refunding Bond is to refund the General Obligation Tax Increment Bond of 1995A. <br /> <br />2003 Capital Equipment Certificates - The $675,000 General Obligation Capital Equipment Certificate <br />of Indebtedness is to finance the acquisition of capital equipment. <br /> <br />2004 Capital Equipment Certificates - The $345,000 General Obligation Capital Equipment Certificate <br />of Indebtedness is to finance the acquisition of capital equipment. <br /> <br />2004 Capital Improvement Refunding Bonds - The $1,480,000 General Obligation Capital <br />Improvement Refunding Bond was to refund the Public Facility Lease Revenue Bond of 1999A. <br />
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