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DEBT <br /> In 2024, St. Joseph County issued bonds in the amount of $50 million to support the <br /> General Motors/Samsung EV battery plant located in the southwestern area of the <br /> county. The companies have agreed to reimburse the county for $45 million on these <br /> bonds over 10 years. <br /> . Debt by Type <br /> i General Obligation Bonds <br /> $7.9 million; 8.8% <br /> Notes Payable <br /> $4.8 million; 5.4% <br /> oproppw- <br /> Lease Liability <br /> $0.1 million; .2% <br /> Revenue Bonds <br /> $76.3 million; 85.6% <br /> 2020-2024 Outstanding Debt <br /> 100 $89.1 million <br /> c 80 <br /> 0 <br /> 60 $51.6 million $48 million <br /> try <br /> c 40 <br /> o $47.4 million $42.2 million <br /> Q 20 <br /> 0 <br /> 2020 2021 2022 2023 2024 <br /> Year <br /> 2024 POPULAR ANNUAL FINANCIAL REPORT 16 <br />