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Ten of the Largest Taxpayers in the City
<br /> 1988/1989
<br />r Type of Business Assessed Value
<br />Tax a er
<br />Allied/Bendix Corporation Airplane & Auto Parts $18,800,280
<br />510
<br />600
<br />11
<br />Indiana Bell Telephone Communications
<br />Electric Utility ,
<br />,
<br />.
<br />6,899,880
<br />Indiana Michigan Power Company Ethanol Plant 5,530,020
<br />New Energy Company Communications 4,892,560
<br />Ameritech
<br />AM General & Amland Company
<br />Military Trucks 4,815,440
<br />
<br />300
<br />671
<br />4
<br />Northern Indiana Public Service Co. Gas Utility ,
<br />,
<br />520
<br />3,780
<br />Scottsdale Mall Retail
<br />Hotel ,
<br />3,534,870
<br />Marriott Communications 2,486.030
<br />AT&T
<br /> $67,011,410*
<br />Total
<br />.,
<br />* Represents 15.4% of the Crty s total taxable assessed value.
<br />Direct General Obligation Debt of the City
<br /> Principal
<br />Year Original Final Outstanding
<br />Maturi As of 2-2-90
<br />of Issue Amount Pur ose
<br />1972 $3,800,000 Urban Redevelopment Bonds
<br />• 1-1-91 $ 200,000
<br />000
<br />1-1-93 1 050
<br />1982 $3,500,000 Park District Bonds ,
<br />$1,250,000
<br />Revenue Debt of the City
<br /> Principal
<br />Year Original Final
<br />Maturi Outstanding
<br />As of 2-2-90
<br />of Issue Amount Purpose
<br />1971 $3,190,000 Sewage Revenue Bonds 10-1-90
<br />1-03
<br />2 $ 625,000
<br />000
<br />150
<br />4
<br />1985
<br />1986 4,200,000
<br />000
<br />750
<br />1 Tax Increment Revenue Bonds
<br />Tax Increment Revenue Bonds -
<br />2-1-04 ,
<br />,
<br />1,750,000
<br />-
<br />1988 ,
<br />,
<br />000
<br />800
<br />1 Tax Increment Revenue Bonds 2-1-05 1,800,000
<br />1989 ,
<br />,
<br />9,500,000 Sewage Revenue Bonds 2-1-09 9,500,000
<br /> $17,825,000
<br />r ~
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<br />-15-
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