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<br />Schedule of Bonded Indebtedness ~ ,,,,,.,
<br />The following schedule shows the outstanding bonded indebtedness of the City of
<br />South Bend and the taxing units overlapping its jurisdiction as of November 28,
<br />1990 as reported by the respective taxing units.
<br /> Percent Amount
<br /> Allocable Allocable
<br /> to City of to City of
<br />Property Tax .Supported Debt Total Debt South Bend South. Bend
<br />Direct Debt:
<br />Redevelopment Authority $20,660,000 (1) 100 $ 20,660,000
<br />Park District 1,050,000 (2) 100 1,050,000
<br />Redevelopment District 5,100,000 (3) 100 5,100,000
<br />City of South Bend Capital
<br />Lease Debt 5,737,525 (4) 100 5.737.525
<br />Total Direct Debt
<br />32.547.525
<br />Overlapping Debt:
<br />St. Joseph County 6,625,000 (5) 44.6 2,954,750
<br />St. Joseph County Public Library 10,299,500 (6) 64.6 6,653,477
<br />South Berd Community Schools 10,937,128 (7) 66.1~s 7,229,442
<br />Penn-Harris-Madison Schools 60,613,871 (8) 2.4~ 1,454,733
<br />St. Joseph County Airport
<br />
<br />Authority
<br />1,900,000
<br />(9)
<br />44.b~ •
<br />847,400
<br />Mishawaka Penn Township
<br />Public Library 2,500,000 (10) 2.1~ 52.500
<br />Total Overlapping Debt 19.192,302
<br />Total Direct and Overlapping Indebtedness $ 51,739,827
<br />Revenue Supported Debt:
<br />City of South Bend $13,344,162 (11) 100 513.344.162
<br />Additional debt which is not an
<br />obligation of the City includes:
<br />Tax Incremental Financing Bonds S 7,700,000 (12)
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