<br />•
<br />
<br />A .,
<br />~ ,
<br /> - '
<br /> Notes~.to.Bonded Indebtedness ~ ~C a ~ l~a~
<br />(1) Proposed 1990 Taxable Lease Rental Revenue Bonds (Airport
<br />nt Project) 4 200,000
<br />$
<br /> Economic Development Area Public Improveme
<br />Bonds (Airport
<br /> Proposed 1990 Tax-Exempt Lease .Rental Revenue
<br />ect) 2 355,000
<br /> Economic Developm
<br />l(SouthrBendeCentral
<br />d
<br />e
<br /> s
<br />Bon
<br />evenue
<br />1990 Lease Rental R
<br />ent Project) 4,895,000
<br /> Development Area Public Improvem
<br />Bonds (Parking Garage Facility) 4,500,000
<br /> 1988 Lease Rental Revenue
<br />ski Stadium)
<br />l 4 710,000
<br /> e
<br />1988 Taxable Lease Rental Revenue Bonds (Cove
<br /> $20 , 660,_000
<br /> Total
<br /> Note: Although all the Redevelopment Authority Lease Rental
<br /> Revenue bond issues are supported by a property tax
<br /> pledge, the Coveleski Stadium Lease Rental Bonds are
<br /> the only bonds intended to be, and actually being,
<br />ntal
<br />R
<br /> e
<br />paid from a property tax levy.. The other Lease
<br />including this proposed Bond issue
<br />i ,.
<br /> ssues,
<br />Revenue bond
<br />e intended to be paid (and those issued actually are
<br /> ar
<br />being paid) primarily from tax increment revenues and
<br /> other revenues such as parking garage revenues.
<br /> S 1.050..000
<br />(2) 1982 ?ark District Bonds.
<br />(3) 1990 Redevelopment District Bonds .(Studebaker Corridor $ ,~ 900,000
<br /> Project) 200,000
<br /> .1972 Redevelopment District Bonds
<br /> $ 5.100,000
<br /> Total
<br /> $ 3,673,636.
<br />(4) Century Center Civic. Center Lease 255,207
<br /> Studebaker Museum Land Contract 1,129,947
<br /> Master Equipment Lease 395,945
<br /> Police, Fire, EMS CAD Computer System 181,748
<br /> Leaf Loaders 101,042
<br /> Fire Rescue Unit and Ambulance
<br /> $ 5,737,525
<br /> Total
<br />
<br />(5)
<br />St. Joseph County Capital Improvement Bonds $ 4,800,000
<br />625,000`
<br /> St. Joseph County Park Bonds 1 200,000
<br /> Jail Renovation Bonds of 1979
<br /> $ 6,625,000
<br /> Total
<br />*Will pay off on 12/30/90
<br />~J
<br />The County Auditor's office stated that $1,825,-000 of additional
<br />debt will be issued in December, 1990 with a one year payout.
<br />2,455,000
<br />(6) South Bend Library Leasing Corporation $ (5.500) $ 2,449,500
<br />Less cash and investments 3,900,000
<br />G.O. Bonds - Series, 1988 3 950.000
<br />G.O. Bonds - Series, 1989
<br />Total
<br />-19-
<br />$10,299,500
<br />
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