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6.1 B
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<br /> NOTE 7- BUSINESS-TYPE ACTIVITIES LONG-TERM DEBT (CONTINUED)
<br /> 8. Changes in Debt
<br /> ' Interest Beginning Ending Due Within
<br /> Rate Balance Additions Retirement Balance One Year
<br /> eusiness-tvae Activities: % $ $ $ $ $
<br /> Revenue Bonds:
<br /> Port of Redwood City - 1999 Series 4.00-5.25 9,135,000 250,000 8,885,000 260,000
<br /> Water Revenue Bonds Series 2005A 2.75-4.25 32,690,000 805,000 31,885,000 830,000
<br /> Water Revenue Bonds Series 2006A 3.50-4.50 24,350,000 555,000 23,795,000 575,000
<br /> Water Revenue Bonds Series 2007A 4.00-4.50 14,565,000 315,000 14,250,000 325,000
<br /> Unamortized Premium 16,388 631 15,757 630
<br /> Unamortized Discount (615,541) (20,556) (594,985) (20,557)
<br /> 80,140,847 1,905,075 78,235,772 1,970,073
<br /> Loans:
<br /> Yacht Harbor Rehabilitation Loan 4.70 576,145 27,721 548,424 28,969
<br /> Parking Fund Loan variable 1,300,000 1,300,000
<br /> 1,876,145 27,721 1,848,424 28,969
<br /> Total Bonds and Loans 82,016,992 1,932,796 80,084,196 1,999,042
<br /> Accrued Sick Leave and Vacation 955,271 212,988 316,880 851,379 458,193
<br /> Total Business-type Activities Long-Term Debt 82,972,263 212,988 2,249,676 80,935,575 2,457,235
<br /> C. Annual Repayment Requirements for Business-type Activities Long Term Debt
<br /> Business-tvne Adivities:
<br /> YearEnd Revenue Bonds Loans Total
<br /> June 30 Principal Interest Principal Interest Principal Interest
<br /> $ $ $ $ $ $
<br /> 2011 1,990,000 3,391,475 28,969 89,679 2,018,969 3,481,154
<br /> 2012 2,070,000 3,315,712 30,273 88,375 2,100,273 3,404,087
<br /> 2013 2,155,000 3,236,538 31,635 87,014 2,186,635 3,323,552
<br /> 2014 2,240,000 3,153,963 1,333,058 85,590 3,573,058 3,239,553
<br /> 2015 2,320,000 3,066,298 34,546 19,102 2,354,546 3,085,400
<br /> 2016-2020 13,090,000 13,846,388 197,497 70,743 13,287,497 13,917,131
<br /> 2021-2025 16,100,000 10,842,525 192,446 22,125 16,292,446 10,864,650
<br /> 2026-2030 20,040,000 6,981,024 20,040,000 6,981,024
<br /> 2031-2035 18,810,000 2,423,684 18,810,000 2,423,684
<br /> 78,815,000 50,257,607 1,848,424 462,628 80,663,424 50,720,235
<br /> NOTE 8 - DEBT WITHOUT CITY COMMITMENT
<br /> A. Community Facilities District (Mello-Roos) Bonds
<br /> On October 17, 2000, the Community Facilities District (CFD) issued $21,000,000 of bonds on behalf of
<br /> the developer of the Pacific Shores Project to fund various transportation system improvements within
<br /> the City's right-of-way that were required as a condition of the development. These bonds are solely
<br /> obligations of the property owners in this district and are not obligations of the City, nor has any political
<br /> subdivision of the State of California pledged its full faith and credit for the payment of these bonds.
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