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CITY OF RAMSEY, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS (Continued) <br />December 31, 1989 <br />Note 6. TAX INCREMENT FINANCING DISTRICTS (continued) <br />Bonds issued and outstanding as of December 31, 1989: <br />Development District I: <br />General Obligation <br />Tax increment bonds of 1985 <br />Tax increment bonds of 1987A <br />Tax increment bonds of 19876 <br />Tax increment bonds of 19898 <br />Tax increment bonds of 1989C <br />$95,000 <br />2,soo,ooo <br />400,000 <br />235,000 <br />235.000 <br />$3,765,000 <br />Development District II: <br />General Obligation - <br />Tax increment bonds of 1987C 160.000 <br />160.000 <br />Total Tax Increment Bonds Outstanding $3,925,000 <br />Note 7. DEPOSITS PAYABLE <br />A summary of the changes in platting fees and performance bonds deposited <br />with the City during 1989 and accounted for in the Escrow Fund, an <br />Expendable Trust Fund, is as follows: <br />Total deposits payable <br />January 1, 1989 <br />Add deposits received <br />Less payments from <br />deposit account <br />Total Deposits Payable <br />December 31, 1989 <br />$98,207 <br />137,692 ei <br />1 62.802 <br />$73,097 <br />-2~- <br />