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Leases (As of January 2, 1990)
<br />Outstanding
<br />Payable from Enterprise Funds: Pri- ncipal
<br />Solid Waste Equipment $ 179,162
<br />Sale-Leaseback of Off-Street Parking
<br />Facilities 3,040,000*
<br />Water Utility _ 625.000
<br />Total Payable from Enterprise Funds $3,844,162
<br />* The original principal outstanding of $3,630,000 less the projected value of money currently
<br />in the investment account available to pay principal as it becomes due, beginning
<br />January 1, 1999,
<br />Payable from Governmental Funds:
<br />Century Center Civic Center $3
<br />865
<br />565
<br />Fire, Police, EMS, CAD Departments Computer, ,
<br />,
<br />Ambulance, Fire Rescue Unit 496
<br />987
<br />Land Contract (Studebaker Museum) ,
<br />302 597
<br />Master Equipment Lease 1
<br />129,947
<br />Leaf Vacuums
<br />Tow Truck ,
<br />181,748
<br /> 17.215
<br />Total Payable from Governmental Funds $5,994,059
<br />Total Lease Obligations 9 838 221
<br />Lease Rental Revenue Debt Issued by the South Bend Rede velopment Author ity
<br />(Supported by Taxes and Other Revenues)
<br />Date Original
<br />of Issue Amount Pur ose
<br />Final Principal
<br />Outstanding
<br /> Maturi As of 2-2-90
<br />8-1-88 $4,575,000 Parking Facility Construction
<br />9-1-88 5,685,000 Stadium Facility Acquisition 2009 $4,500,000
<br /> 1997 5,220,000
<br />Indirect General Obligation and Lease Debt
<br />St. Joseph County
<br />South Bend Community School Corp.
<br />South Bend Middle School Building Corp.
<br />(Lease Debt)
<br />South Bend Public Library
<br />South Bend Public Library Leasing Corp.
<br />St. Joseph County Airport Authority
<br />Penn Harris Madison School Corp.
<br />Mishawaka Penn Library
<br />Total
<br />
<br />•
<br />Total Principal Debt Applicable To
<br />Outstanding. Valuation in City
<br />1-2-90 Percent Amount
<br />$6,625,000 42.5% $ 2,815,625
<br />4,450,000 65.4 2,910,300
<br />5,815,000 65.4 3,803,010
<br />7,850,000 63.6 4,992,600
<br />2,455,000 63.6 1,561,380
<br />1,900,000 42.5 807,500
<br />60,567,140 2.2 1,332,477
<br />2,500,000 1.7 42.500
<br /> $18,265,392 •
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