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<br />
<br />General Obligation Debt Supported by Tax Increment
<br /> Principal
<br />Date Original Final Outstanding
<br />of Issue Amount Purpose Maturity As of 9-2-99
<br />11-1-89 $410,000 Taxable Tax Increment 2-1-2007 $270,000
<br />4-1-90 400,000 Taxable Tax Increment 2-1-2010 315,000
<br />11-1-92 160,000 Taxable Tax Increment 2-1-2007 121,500
<br />7 -1-94 255,000 Tax Increment 2-1-2007 190,000
<br />Total $896,500
<br />General Obligation Debt Supported by Revenues
<br /> Principal
<br />Date Original Final Outstanding
<br />of Issue Amount Purpose Maturity As of 9-2-99
<br />10-1-93 1,125,000' Water 2-1-2009 $ 840,000
<br />6-1-94 1,280,000 Sewer 2-1-2009 1,000,000
<br />6-1-94 1,080,000 Storm Sewer 12-1-2009 885,000
<br />12-1-94 1,010,000 Water 2-1-2010 820,000
<br />7 -1-96 2,655,000 Sewer 2-1-2016 2,355,000
<br />7-16-96 2,100,000 Ice Arena 2-1-2013 1,980,000
<br />8-1-97 335,000 Water 12-1-2007 275,000
<br />12-1-98 820,000 Water 2-1-2014 820,000
<br />Total $8,975,000
<br />
<br />Represents the water utility supported portion of the City's $3,523,350 General Obligation Permanent
<br />Improvement Revolving Fund Bonds, Series 1993B.
<br />
<br />Lease Purchase Obligation'
<br />
<br />Date Original
<br />of Issue Amount
<br />
<br />Purpose
<br />
<br />Final
<br />Maturity
<br />
<br />Principal
<br />Outstanding
<br />As of 9-2-99
<br />
<br />11-1-91 $2,740,000
<br />12-1-97 2,295,000
<br />
<br />City Hall Lease
<br />City Hall Lease Refunding
<br />
<br />2-1-2000
<br />2-1-2011
<br />
<br />$ 135,000
<br />2.295,000
<br />$2,430,000
<br />
<br />Total
<br />
<br />Issued by the Economic Development Authority for the City of Elk River. The lease payments are
<br />subject to annual appropriation by the City.
<br />
<br />Revenue Debt
<br />
<br />Date
<br />of Issue
<br />
<br />Original
<br />Amount
<br />
<br />Purpose
<br />
<br />Final
<br />Maturity
<br />
<br />Principal
<br />Outstanding
<br />As of 9-2-99
<br />
<br />7-1-97 $1,245,000
<br />
<br />Liquor Store
<br />
<br />2-1-2007
<br />
<br />$1,080,000
<br />
<br />-11-
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