Laserfiche WebLink
CITY OF RAMSEY, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 1990 <br />Note 6. TAX INCREMENT FINANCING DISTRICTS (Continued) <br />Bonds issued and outstanding as of December 31, 1990: <br />Development District <br />General Obligation - <br />Tax increment bonds <br />Tax increment bonds <br />Tax increment bonds <br />Tax increment bonds <br />Tax increment bonds <br />I: <br />of 1985 <br />of 1987A <br />of 19878 <br />of 19898 <br />of 1989C <br />Development District II: <br />General Obligation - <br />Tax increment bonds of 1987C <br />Total Tax Increment Bonds Outstanding <br />Note 7. DEPOSITS PAYABLE <br />$ 90,000 <br />2,750,000 <br />390,000 <br />235,000 <br />235,000 <br />$ 145,000 <br />Total <br />3,700,000 <br />S <br />145,000 <br />$ 3,845,000 <br />A summary of the changes in platting fees and performance bonds deposited <br />with the City during 1990 and accounted for in the Escrow Fund, and <br />Expendable Trust Fund, is as follows: <br />Total deposits payable January 1, 1990 $ 73,097 <br />Add deposits received 241,009 <br />Less payments from deposit account 103,413 <br />Total deposits payable December 31, 1990 $ 210,693 <br />Note 8. INTERFUND RECEIVABLES AND PAYABLES <br />Interfund receivables and parables at December 31, 1990 are as follows: <br />Funds <br />General <br />Capital Project <br />Tax Increment Development <br />District No. II Improvement <br />Park Improvement Revolving <br />Expendable Trust <br />Park Improvement Trust <br />- 3,300 <br />- 94,010 <br />94,010 - <br />S 97,310 $ 97,310 <br />-26- <br />Interfund Interfund <br />Receivables Parables <br />$ 3,300 $ - <br />