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1997 CAFR
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Annual Comprehensive Financial Report
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1997 CAFR
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8/13/2007 12:34:26 PM
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8/13/2007 12:14:39 PM
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DEBT SERVICE FUNDS <br />The Debt Service Funds are used to account for the accumulation of resources used for the payment of principal and <br />interest on general long-term debt. <br />1985 Refunding Bond <br />This $705,000 General Obligation Refunding Bond is to refund the $815,000 General Obligation Improvement <br />Bond of 1981. <br />1985 Improvement Bond <br />This $670,000 General Obligation Improvement Bond is to finance street, sealcoating and storm sewer <br />improvements. <br />1987A Tax Increment Bonds <br />This $2,800,000 General Obligation Tax Increment Bond is to finance the costs of sewer, water, well, and water <br />tower in TIF Districts #1 and #2. <br />1987C Tax Increment Bonds <br />This $160,000 General Obligation Tax Increment Bond is to finance public development improvements in TIF <br />District #3. <br />1989A Improvement Bonds <br />This $530,000 General Obligation Improvement Bond is to fmance several improvement projects construction <br />costs. <br />1989B Tax Increment Bonds <br />This $235,000 General Obligation Tax Increment Bond is to fmance water, sewer, and park improvements in TIF <br />Districts #1 and #4. <br />1989C Tax Increment Bonds <br />This $235,000 General Obligation Tax Increment Bond is to fmance site improvements in TIF Districts #1 and #4. <br />1992B Improvement Bonds <br />This $620,000 General Obligation Improvement Bond is to fmance public improvements and refund $420,000 of <br />General Obligation Improvement Bond of 1984. <br />1993A Refunding Bonds <br />This $2,225,000 General Obligation Tax Increment Refunding Bond is to refund General Obligation Tax Increment <br />Bond of 1987A. <br />1995A Improvement Bonds <br />This $2,600,000 General Obligation Tax Increment Bond is to fmance street improvements in TIF Districts #1, #2, <br />and #4. <br />1996A Refunding Bonds <br />This $330,000 General Obligation Tax Increment Refunding Bond is to refund the General Obligation Tax <br />Increment Bond of 1987B. <br />
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