My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
1990-03-02 Minutes
sbend
>
Public
>
Redevelopment Authority
>
Minutes
>
1990-1999
>
1990
>
1990-03-02 Minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
7/24/2008 12:48:13 PM
Creation date
7/24/2008 12:48:11 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
64
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
SUMMARY OF STATISTICAL DATA <br />• <br />• <br />• <br />THE DISTRICT: REDEVELOPMENT SPECIAL TAXING DISTRICT <br />1988 (Payable 1989) Taxable Assessed Value: $435,047,732 <br />The boundaries of the Redevelopment Special Taxing District are coterminous with the City of <br />South Bend and, therefore, the taxable assessed value is the same for both (see City of South <br />Bend data). <br />Legal Debt Limit of the District <br />Legal Debt Limit (2% of Taxable Assessed Value) <br />Less: Outstanding Debt Subject to Limit <br />Net Debt Margin <br />Direct General Obligation Debt of the District <br />Year Original <br />of Issue Amount Tvpe of Issue <br />1972 $3,800,000 Urban Redevelopment Bonds <br />(Principal payable each January 1 <br />Interest payable January. l and July 1) <br />Revenue Debt of the District (Not Supported By Taxes) <br />Year Original <br />of Issue Amount <br />1985 $4,200,000 <br />1986 1,750,000 <br />1988 1,800,000 <br />Type of Issue <br />Tax Increment Revenue Bonds <br />Tax Increment Revenue Bonds <br />Tax Increment Revenue Bonds <br />$8,700,955 <br />200,000 <br />$8,500,955 <br />Principal <br />Final Outstanding <br />Maturi As of 2-2-90 <br />1-1-91 $200,000 <br />Final <br />Maturi <br />2-1-03 <br />2-1-04 <br />2-1-05 <br />Principal <br />Outstanding <br />As of 2-2-90 <br />Total <br />Lease Rental Revenue Debt <br />(Supported by Taxes and Other Revenues) <br />$4,150,000 <br />1,750,000 <br />1.800.000 <br />$7,700,000 <br /> Principal <br />Date Original Final Outstanding <br />of Issue Amount Purpose of Issue Maturi As of 2-2-90 <br />8-1-88 $4,575,000 Parking Facility Construction 2009 $4,500,000 <br />9-1-88 5,685,000 Stadium Facility Acquisition 1997 5,220,000 <br />-13- <br />
The URL can be used to link to this page
Your browser does not support the video tag.