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2004 Comprehensive Annual Financial Report
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2004 Comprehensive Annual Financial Report
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12/18/2007 11:51:37 AM
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CITY OF SOUTH BEND <br />NOTES TO FINANCIAL STATEMENTS <br />(Continued) <br />2. Mortgage Bonds <br />Mortgage Bonds outstanding at year end are as follows: <br />Interest Original Outstanding <br />Purpose Rates Issue 12 -31 -04 <br />Governmental Activities <br />1999A Fire Station <br />5% <br />$ 1,388,858 <br />$ 458,089 <br />1999C O'Brien Center <br />5% <br />570,000 <br />185,615 <br />2001 Public Works Service Center <br />4.63% to 5.3% <br />8,112,250 <br />7,546,585 <br />2003 New Fire Station /Police Renovations <br />2% to 5% <br />21,335,000 <br />21,335,000 <br />Total governmental activities <br />$ 31,406,108 <br />$ 29,525,289 <br />Business-Ty- e Activities <br />2001 Public Works Service Center 4.63% to 5.3% $ 1,137,750 $ 1,058,415 <br />Mortgage bonds at year end include the following amounts of unamortized bond discount (pre- <br />mium): <br />Unamortized <br />Balance at Discount Adjusted <br />Purpose December 31 (Premium) Balance <br />Governmental Activities <br />1999A Fire Station $ 458,089 $ - $ 458,089 <br />1999C O'Brien Center 185,615 - 185,615 <br />2001 Public Works Service Center 7,546,585 66,926 7,479,659 <br />2003 New Fire Station /Police Renovations 21,335,000 (567,415) 21,902,415 <br />Total governmental activities <br />Business -Type Activities <br />2001 Public Works Service Center <br />42 <br />It <br />29.525289 1500.4891 S 30.025.778 <br />$ 1,058,415 $ 12,320 $ 1,046,095 <br />
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