Marengo Outstanding Obligations
Security Class Purpose Type Description Final Maturity Amount
General Obligation Transportation Downtown Renovation Phase II, Clinton Ave and '98 Street Debt re-finance 06-01-2025 $700,000.00
General Obligation Other Refinance of Library Bonds, Advanced Refunding of Downtown Renovation Phase I, $350K New Money - Equipment 06-01-2023 $555,000.00
Revenue Bonds Utilities/Sewers Clean Water Program - Sewer Repairs and Rehabilitation Phase I & Phase II 06-01-2035 $893,000.00
Revenue Bonds Utilities/Sewers Drinking Water System Improvements 06-01-2022 $786,560.00
Loans Other Debt is funding land that we have acquired for infrastructure. Debt will be paid using LOST funds. 06-30-2021 $315,438.91
Total Debt as of 2019: $3,249,998.91

Fun Facts: