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City of Elk River
<br />Notes to Basic Financial Statements
<br />NOTE 9 — LONG-TERM DEBT (CONTINUED)
<br />B. Components of Long -Term Liabilities
<br />Primary Government
<br />Governmental activities
<br />General obligation bonds
<br />EDA G.O. Refunding Bonds, Series 2013A
<br />G.O. Sales Tax Revenue Bonds, Series 2019A
<br />G.O. Capital Improvement Bonds, Series 2020A
<br />G.O. Capital Improvement Refunding Bonds, Series 2020B
<br />G.O. Capital Improvement and Equipment Bonds, Series 2021A
<br />Total general obligation bonds
<br />Unamortized bond premium/discount
<br />Lease liability
<br />Compensated absences
<br />Total governmental activities
<br />Business -type activities
<br />General obligation revenue bonds
<br />G.O. Sewer Revenue Refunding Bonds, Series 2020C
<br />G.O. Water Revenue Bonds, Series 2021C
<br />Total general obligation revenue bonds
<br />Revenue Bonds
<br />Electric Revenue Bonds, Series 2016A
<br />Electric Revenue Bonds, Series 2018A
<br />Electric Revenue Bonds, Series 2021B
<br />Total revenue bonds
<br />Total bonds
<br />Unamortized bond premium/discount
<br />Lease liability
<br />Compensated absences
<br />Total business -type activities
<br />Total all long-term liabilities
<br />Issue
<br />Interest
<br />Original
<br />Final
<br />Balance
<br />Date
<br />Rates
<br />Issue
<br />Maturity
<br />End of Year
<br />02/12/13
<br />2.00% 3.00%
<br />$ 9,685,000
<br />02/01/33
<br />$ 7,050,000
<br />09/19/19
<br />2.50%-5.00%
<br />32,715,000
<br />12/01/44
<br />30,515,000
<br />12/29/20
<br />1.00%5.00%
<br />9,435,000
<br />02/01/42
<br />9,435,000
<br />12/29/20
<br />1.00°/m5.00%
<br />5,340,000
<br />02/01/33
<br />4,470,000
<br />05/20/21
<br />1.359/-5.00%
<br />4,805,000
<br />02/01/42
<br />4,805,000
<br />12/29/20 1.00%-1.70%
<br />06/10/21 2.00%4.00%
<br />07/14/16 2.00%4.00%
<br />09/26/18 3.50%5.00%
<br />05/ 13/21 2.00°/m5.00%
<br />56,275,000
<br />4,572,375
<br />407,831
<br />1,866,430
<br />63,121,636
<br />7,200,000 02/01/35 7,200,000
<br />1,615,000 08/01/41 1,565,000
<br />8,765,000
<br />9,755,000 02/01/36
<br />10,000,000 08/01/48
<br />11,810,000 08/01/51
<br />7,995,000
<br />9,225,000
<br />11,655,000
<br />28,875,000
<br />37,640,000
<br />1,468,489
<br />41,895
<br />635,154
<br />39,785,538
<br />$ 102,907,174
<br />Long-term bonded indebtedness listed above were issued to finance equipment and the acquisition and
<br />construction of capital facilities or to refinance (refund) previous bond issues.
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