Security Class |
Purpose Type |
Description |
Final Maturity |
Amount |
General Obligation |
Other |
Refinancing G/O bonds |
06-01-2022 |
$2,985,000.00 |
General Obligation |
Transportation |
Street improvements & purchase of a fire truck |
06-01-2033 |
$2,150,000.00 |
General Obligation |
Public Buildings/Schools |
Will be partial funding for converting high school into public library & civic center |
06-01-2022 |
$775,000.00 |
General Obligation |
Public Safety |
Will be fundig the Fire Dept. rescue unit. |
06-19-2019 |
$63,000.00 |
Revenue Bonds |
Utilities/Sewers |
Will be refunding sewer improvements & refinancing sewer debt. |
06-01-2025 |
$5,676,000.00 |
Capital Leases/Lease to Purchase |
Transportation |
Street sweeper lease purchase |
07-10-2020 |
$116,608.47 |
Capital Leases/Lease to Purchase |
Other |
computer equip. lease/purchase |
09-29-2019 |
$10,756.50 |
Loans |
Housing/Urban Dev. |
Iowa Workforce Housing Loan as incentive for construction of 2 12-plex apartment buildings |
09-01-2036 |
$1,000,000.00 |
Total Debt as of 2017: |
$12,776,364.97 |