Laserfiche WebLink
DEBT SERVICE FUNDS <br />The Debt Service Funds are used to account for the accumulation of resources used for the payment of <br />principal and interest on general long -term debt. <br />1989A Improvement Bonds - $530,000 General Obligation Improvement Bond is to finance several <br />improvement projects construction costs. <br />1992B Improvement Bonds - $620,000 General Obligation Improvement Bond is to finance public <br />improvements and refund $420,000 of General Obligation Improvement Bond of 1984. <br />1993A Tax Increment Refunding Bonds - $2,225,000 General Obligation Tax Increment Refunding Bond <br />is to refund General Obligation Tax Increment Bond of 1987A. <br />1995A Tax Increment Bonds - $2,600,000 General Obligation Tax Increment Bond is to finance street <br />improvements in TIF Districts No. 1, 2, and 4. <br />1996A Tax Increment Refunding Bonds - $330,000 General Obligation Tax Increment Refunding Bond <br />is to refund the General Obligation Tax Increment Bond of 1987B. <br />1999A Tax Increment Bonds - $1,195,000 General Obligation Tax Increment Bond is to finance the Senior <br />Housing Development Project undertaken jointly with Anoka County Housing and Redevelopment <br />Authority. <br />1999A (EDA) Lease Revenue Bonds - $1,665,000 Public Facility Lease Revenue Bond is to finance the <br />construction of Fire Station No. 2. <br />2000A Capital Equipment Certificates - $257,000 General Obligation Capital Equipment Certificate of <br />Indebtedness is to finance the acquisition of capital equipment. <br />2000B Tax Increment Bonds - $1,695,000 General Obligation Tax Increment Bond is to finance the <br />construction of water tower No. 2 and well No. 5. <br />