Laserfiche WebLink
NONMAJOR DEBT SERVICE FUNDS <br /> Nonmajor Debt Service Funds are used to account for the accumulation of resources used for the payment of <br /> principal and interest on long term debt. <br /> 2004A Capital Improvement Refunding Bonds—The $1,480,000 General Obligation Capital Improvement <br /> Refunding Bond was to refund the Public Facility Lease Revenue Bond of 1999A. <br /> 2005B/2011B Refund GO Improvement Bonds— The $4,335,000 General Obligation Improvement Bonds of <br /> 2005B is to finance the County's portion of the AUAR roadway improvements around The COR. In 2011, <br /> $3,090,000 Series 2011B Improvement Crossover Refunding bonds were issued to refund the 2005B Series <br /> bonds that were called on December 15,2014. <br /> 2009A State Aid Road Bond—The$1,340,000 General Obligation Tax State Aid Road Bond is to finance the <br /> construction of Sunfish Lake Boulevard. <br /> 2011A Armstrong/Bunker Bond—The$4,365,000 Series 2011A bonds will be repaid with annual allotments <br /> of Municipal State Aid and an annual assessment per the assessment agreement between the city of Ramsey and <br /> Hageman Holdings for the improvements that were necessary for the future Legacy School. <br /> 2013A Capital Equipment Certificates—The Series 2013A$635,000 General Obligation Capital Equipment <br /> Certificate of Indebtedness is to finance the acquisition of capital equipment. <br /> 2014A Capital Equipment Certificates—The Series 2014A$875,000 General Obligation Capital Equipment <br /> Certificate of Indebtedness is to finance the acquisition of capital equipment. <br /> 2015A GO Capital Improvement Bond—The $3,880,000 General Obligation Capital Improvement Bond is to <br /> finance the construction of the city's Fire Station#2. <br /> 2015B GO Street Reconstruction Bond—The $1,205,000 General Obligation Street Reconstruction Bonds is <br /> to finance the reconstruction of Garnet Street and 168th Avenue. <br /> 109 <br />