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NONMAJOR DEBT SERVICE FUNDS Nonmajor Debt Service Funds are used to account for the accumulation of resources used for the payment of principal and interest on long -term debt. 2001A Taxable Tax Increment Bonds — The $1,680,000 General Obligation Tax Increment Bond is to finance the purchase of land known as the Maken and Sauter parcels in TIF Districts No. 2 and 8. 2001B/2007B Tax Increment Bonds — The $920,000 General Obligation Tax Increment Bond is to finance public improvements on the Makens parcel in TIF District No. 8. The original issue was refunded with a $945,000 General Obligation Tax Increment Refunding Bond in 2007. 2004A Capital Improvement Refunding Bonds — The $1,480,000 General Obligation Capital Improvement Refunding Bond was to refund the Public Facility Lease Revenue Bond of 1999A. 2005A Lease Revenue Bonds — The $19,200,000 Public Project Lease Revenue Bonds is to finance the construction of the City's new Municipal Center. 2005B GO Improvement Bonds — The $4,335,000 General Obligation Improvement Bonds of 2005A is to finance the County's portion of the AUAR roadway improvements around The COR. 2005C Capital Equipment Certificates — The $745,000 General Obligation Capital Equipment Certificate of Indebtedness is to finance the acquisition of capital equipment. 2006A Taxable Tax Increment Bonds — The $1,035,000 General Obligation Tax Increment Bond is to finance the acquisition of B &A Cylinder in the City. 2007A Capital Equipment Certificates — The $790,000 General Obligation Capital Equipment Certificate of Indebtedness is to finance the acquisition of capital equipment. 2009A State Aid Road Bond — The $1,340,000 General Obligation Tax State Aid Road Bond is to finance the construction of Sunfish Lake Boulevard. 2011A Armstrong/Bunker Bond — The $4,365,000 Series 2011A bonds will be repaid with annual allotments of Municipal State Aid and an annual assessment per the assessment agreement between the city of Ramsey and Hageman Holdings for the improvements that were necessary for the future Legacy School 2011 -2005 GO Bond Refund — The $3,090,000 Series 2011B were Improvement Crossover Refunding bonds that were issued to refund the 2005B Series bonds that will be called on December 15, 2014. 105