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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 />2011B Refund GO Improvement Bonds — In 2011, $3,090,000 Series 2011B Improvement Crossover <br />Refunding bonds were issued to refund the 2005B Series AUAR roadway bonds that were called on December <br />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 citv'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 />2016A GO Street Reconstruction Bond — The $1,650,000 General Obligation Street Reconstruction Bonds is <br />to finance the reconstruction of Andrie Street and 164th Lane. <br />111 <br />