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NONMAJOR GOVERNMENTAL FUNDS <br />(Continued) <br />Slpecial revenue funds (continued) <br />Industrial Revolving - To account for the revenue and expenditures of providing special loans to <br />qualifying local firms. Financing was originally provided by a $5,000,000 <br />Economic Adjustment Assistance Grant from the U.S. Department of Com- <br />merce. <br />Debt service funds <br />Redevelopment Bond - <br />Studebaker - To accumulate monies for payment of Redevelopment District general obli- <br />gation bonds, which are serial bonds due in annual installments through <br />2006. Financing is to be provided by an annual property tax levy. <br />College Football Hall of <br />Fame Debt Service - To accumulate monies for the payment of Redevelopment Authority bonds <br />issued to refinance bonds issued for construction of the College Football <br />Hall of Fame. Financing is to be provided by an annual property tax levy. <br />Redevelopment District <br />Bond - To accumulate monies as a reserve for the payment of Redevelopment <br />Authority bonds. <br />EDIT Bond -Plaza Garage <br />-Tax Exempt To accumulate monies to meet the required debt service reserve for the <br />Series A, Economic Development Income Tax Revenue (EDIT) Bonds of <br />1997. <br />EDIT Bond -Plaza Garage <br />-Taxable To accumulate monies to meet the required debt service reserve for the <br />Series B, Taxable Economic Development Income Tax (EDIT) Revenue <br />Bonds of 1997. <br />Redevelopment Authority <br />Debt Service - To accumulate monies for the payment of Redevelopment Authority bonds <br />issued to refinance bonds issued for construction of a parking garage facil- <br />ity, bonds issued for central development area land acquisition and con- <br />struction of public improvements, bonds issued to purchase the Palais <br />Royale, bonds issued to refinance bonds issued for construction of Century <br />Center improvements, and bonds issued for renovations to the Morris Per- <br />forming Art Center. <br />Erskine Commons TIF Debt <br />Service - To account for Erskine Commons project debt retirement of the south side <br />tax incremental financing (TIF) district. Financing is provided by transfers <br />from the TIF south side development fund. <br />89 <br />