Spencer Outstanding Obligations
Security Class Purpose Type Description Final Maturity Amount
General Obligation Utilities/Sewers 4th Ave W sanitary sewer separation project 06-01-2037 $1,417,000.00
General Obligation Parks/Recreation Pederson Park Lighting / Street Improvements 06-01-2028 $1,180,000.00
General Obligation Parks/Recreation The issuance was for recreational trail construction. 06-01-2024 $965,000.00
General Obligation Utilities/Sewers GO Sewer Improvement Bonds funded by SRF for 4th Ave W Phase II infrastructure 06-01-2038 $942,517.00
General Obligation Transportation Street Project / Current Refunding of previous debt 06-01-2022 $300,000.00
General Obligation Public Safety REDLG Loan for Communication Equipment, sold on behalf of Clay County E-911 07-15-2024 $216,000.00
Revenue Bonds Utilities/Sewers Combined Sanitary / Storm sewer separation project 06-01-2032 $5,400,000.00
Revenue Bonds Utilities/Sewers 2016 WTP Improvements 06-01-2037 $3,582,000.00
Revenue Bonds Utilities/Sewers 2008 Waste water Treatment Plant project 06-01-2029 $879,000.00
Total Debt as of 2019: $14,881,517.00

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