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1990-03-02 Minutes
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1990-03-02 Minutes
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r <br />• <br />Ten of the Largest Taxpayers in the City <br />Taxpayer <br />Allied/Bendix Corporation <br />Indiana Bell Telephone <br />Indiana Michigan Power Company <br />New Energy Company <br />Ameritech <br />AM General & Amland Company <br />Northern Indiana Public Service Co <br />Scottsdale Mall. <br />Marriott <br />AT&T <br />Total <br />Tvpe of Business <br />Airplane & Auto Parts <br />Communications <br />Electric Utility <br />Ethanol Plant <br />Communications <br />Military Trucks <br />Gas Utility <br />Retail <br />Hotel <br />Communications <br />* Represents 15.4% of the Ciry's total taxable assessed value. <br />Direct General Obligation Debt of the City <br />Year Original <br />of Issue Amount <br />1972 $3,800,000 <br />1982 $3,500,000 <br />Purpose <br />Urban Redevelopment Bonds <br />Park District Bonds <br />1988/1989 <br />Assessed Value <br />$18,800,280 <br />11,600,510 <br />6,899,880 <br />5,530,020 <br />4,892,560 <br />4,815,440 <br />4,671,300 <br />3,780,520 <br />3,534,870 <br />2.486.030 <br />$67,011,410* <br /> Principal <br />Final Outstanding <br />Maturi As of 2-2-90 <br />1-1-91 $ 200,000 <br />1-1-93 1.050.000 <br />$1,250,000 <br />Revenue Debt of the City <br />Year Original <br />of Issue Amount Purpose <br />1971 $3,190,000 Sewage Revenue Bonds <br />1985 4,200,000 Tax Increment Revenue Bonds <br />1986 1,750,000 Tax Increment Revenue Bonds <br />1988 1,800,000 Tax Increment Revenue Bonds <br />1989 9,500,000 Sewage Revenue Bonds <br /> Principal <br />Final Outstanding <br />Maturi As of 2-2-90 <br />10-1-90 $ 625,000 <br />2-1-03 4,150,000 <br />2-1-04 1,750,000 <br />2-1-05 1,800,000 <br />2-1-09 9.500.000 <br />$17,825,000 <br />• <br />-15- <br />
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