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Agenda - Council Work Session - 08/10/2020
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Agenda - Council Work Session - 08/10/2020
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Last modified
3/17/2025 1:52:52 PM
Creation date
8/10/2020 8:34:37 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
08/10/2020
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2021 Debt Service Levy <br />Bonded Debt -Levied Levy Amount <br />2013 Capital Equipment Certificates(2023 Last Year) 74,366 <br />2014 Capital Equipment Certificates (2024 last year) 103,157 <br />PW Building (2041 last year) -Issued Fall 2020 285,940 Est A** <br />Muni Center (2031 last Year) 814,713 * <br />Fire Station #2 (2033 last year) 190,933 B <br />2015 Road Improvement Debt (2025 last year) 114,563 <br />2016 Road Improvement Debt (2026 last year) 150,490 <br />2017 Road Improvement Debt (2027 last year) 96,768 <br />2018 Road Improvement Debt (2028 last year) 112,637 <br />Total Bonded Debt Levied 1,943,567 <br />A. Principal of total debt offset with CARES fund balance of $1,312,000 <br />**Interest only until Muni Center comes off in Dec 2031 <br />* Reduced by $362,300 due to funds on hand (2022 should be reduced by same amount) <br />B. Reduced by $93,000 from closed bond fund in 2019 <br />
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