Outstanding Debt Report
Bonds:
Type of Bond: Sewage Bonds
Orginal Purpose: Refund other Bonds
Year Sold: 2003
Year Scheduled to Retire: 2013
Source of Repayment: Revenue
Number of bonds Outstanding: 8
Original Amount of Debt: $11,815,000
Interest Rate: 2.50%
Outstanding Debt Amount: $8,765,000
Mayor: Overton
Type of Bond: Sewage Bonds
Original Purpose: Sewage Improvements
Year Sold: 2002
Year Scheduled to Reitre: 2023
Source of Repayment: Revenue
Number of Bonds Outstanding: 21
Original Amount of Debt: $39,950,000
Interest Rate: 3.30%
Outstanding Debt Amount: $37,018,520
Mayor: Overton
Type of Bond: Sewage Bonds
Orginal Purpose: Sewage Improvement
Year Sold: 1993
Year Scheduled to Retire: 2013
Source of Repayment: Revenue
Number of Bonds Outstanding: 8
Original Amount of Debt: $10,310,000
Interest Rate: 5.25%
Outstanding Debt Amount: $8,150,000
Mayor: England
Type of Bond: Sewage Bonds
Original Purpose: Sewage Improvement
Year Sold: 1997
Year Scheduled to Retire: 2016
Source of Repayment: Revenue
Number of Bonds Outstanding: 11
Original Amount of Debt: $5,060,000
Interest Rate: 4.75%
Outstanding Debt Amount: $4,635,000
Mayor: England
Type of Bond: Sewage Bonds
Original Purpose: Bank Note
Year Sold: 1998
Year Scheduled to Retire:
Source of Repayment: Revenue
Original Amount of Debt: $1,500,000
Interest Rate: 0%
Outstanding Debt Amount: $1,500,000
Mayor: England
Type of Bond: Sewage Bonds
Original Purpose: Sewage Improvement
Year Sold: 1998
Year Scheduled to Retire: 2018
Source of Payment: Revenue
Number of Bonds Outstanding: 13
Original Amount of Debt: $3,270,000
Interest Rate: 4.13%
Outstanding Debt Amount: $2,820,000
Mayor: England
Type of Bond: Sewage Bond
Original Purpose: Sewage Improvements
Year Sold:1999
Year Scheduled to Retire: 2018
Source of Repayment: Revenue
Number of Outstanding Bonds: 13
Original Amount of Debt: $6,170,000
Interest Rate: 4.70%
Outstanding Debt Amount: $5,915,000
Mayor: England
Type of Bond: Sewage Bond
Original Purpose: Sewage Improvements
Year Sold: 1999
Year Scheduled to Retire: 2018
Source of Repayment: Revenue
Number of Outstanding Bonds: 13
Original Amount of Debt: $456,279
Interest Rate: 2.90%
Outstanding Debt Amount: $385,828
Mayor: England
Type of Bond: T.I.F. Bonds
Original Purpose: Grant Line Industrial
Year Sold: 1999
Year Scheduled to Retire: 2014
Source of Repayment: Tax
Number of Bonds Outstanding: 14
Original Amount of Debt: $1,450,000
Interest Rate: 6.50%
Outstanding Debt Amount: $1,485,587
Mayor: England
Type of Bond: T.I.F.
Original Purpose: Park East Industrial
Year Sold: 1999
Year Scheduled to Retire: 2014
Source of Repayment: Tax
Number of Bonds Outstanding: 9
Original Amount of Debt: $1,500,000
Interest Rate: 6.50%
Outstanding Debt Amount: $992,375
Mayor: England
Type of Bond: T.I.F. Series A
Original Purpose: State St. Garage
Year Sold: 1997
Year Scheduled to Retire: 2008
Source of Replacement: Tax
Number of Bonds Outstanding: 2
Original Amount of Debt: $2,800,000
Interest Rate: 4.95%
Outstanding Debt Amount: $1,228,000
Mayor: England
Type of Bond: Revenue
Original Purpose: Scribner Place
Year Sold: 2003
Year Scheduled to Retire: 2008
Source of Repayment: Revenue
Number of Bonds Outstanding: 3
Original Amount of Debt: $2,450,000
Interest Rate: 5.10%
Outstanding Debit Amount: $1,879,900
Mayor: Overton
Type of Bond: T.I.F.
Original Purpose: Cgarlestown Road
Year Sold: 2005
Year Scheduled to Retire: 2015
Source of Repayment: Tax
Number of Bonds Outstanding: 14
Original Amount of Debt: $2,200,000
Interest Rate: 5.15%
Outstanding Debt Amount: $2,489,225
Mayor: Garner
Total Outstanding Principal: $77,264,435
Source: Indiana Dept. Local Government Finance
Freedom of Speech would like to say: after spend all these millions of dollars, you would think our sewers would work!
Footnote: Scribner Place Bond and Sewer Bond for 2006 will not be placed on this Debt Bond list until DLGF receives our 2006 Budget.
