Laserfiche WebLink
<br /> CCTV OF RAMSEY, MINNESOTA <br />' NOTES TO FINANCIAL STATEMENTS (Continued) <br /> December 31, 1989 <br /> Note 5. LONG-TERM DEBT OBLIGATIONS (continued) <br /> D. Minimum Debt Pavments Icontinuedl <br />' General obligation bond maturities are as follows: <br /> Year Principal Interest Total <br /> 1990 $ 875,000 $ 460,608 $ 1,335,608 <br />' 1991 750,000 411,143 1,161,143 <br /> 1992 630,000 355,776 985,776 <br /> 1993 430,000 315,110 745,110 <br /> 1994 410,000 283,201 693,201 <br /> 1995-2007 3.635.000 1.653.826 5.288.826 <br /> $ 6.730.000 $ 3.479.664 $ 10.209.664 <br /> <br />Note 6. TAX INCREMENT FINANCING DISTRICTS <br />' The City is the administering authority for the following tax increment financing districts <br />within Development District Numbers I and II: <br />Type of district <br />' Chapter <br />Established <br />Duration <br />' Adjusted original <br />assessed <br />Current assessed value as <br />' of January 2, 1988 <br />Captured tax capacity <br />Total G.O. Tax <br />Increment <br />Bonds issued <br />Principal <br />payments <br />Outstanding <br />at 12!31 /89 <br />Development <br />Development District I' ~ District II: <br />TIF District TIF District TIF District TIF District <br />No.1 No.2 No.4 Total No.3 <br />Redevelopment Redevelopment Redevelopment Economic <br />Development <br />472A 472A 472A 472A <br />8/27/85 6/30/86 8/11/87 5/12/87 <br />1985/2011 1986/2012 1987/2013 1987/1997 <br />$ 13,677 $ 167,164 $ 108,720 $ 289,561 $ 2,405 <br />$ 535.017 $ 201.531 $ 149.044 $ 885.592 $ 34.553 <br />$ 521.340 $ 34.367 $ 40.324 $ 596.031 $ 32.148 <br />$ 3,770,000 $ 160,000 <br />$ 5.000 $ <br />$ 3.765,000 $_ 160.000 <br />Iii (J~ ~~. ~._ i. "~~~ <br />-27- <br />