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<br />e
<br />
<br />e
<br />
<br />e
<br />
<br />e
<br />
<br />WATERWORKS & SEWER SYSTEM REVENUE REFUNDING BONDS
<br />
<br />Outstanding
<br />Debt
<br />
<br />ESTIMATED PRINCIPAL REPA YMENTSCHEDJJLE*
<br />
<br />$2,490,000 Bonds,
<br />Series 1994
<br />
<br />$5,810,000
<br />5,325,000
<br />4,755,000
<br />4,215,000
<br />3,675,000
<br />3,140,000
<br />2,605,000
<br />2,070,000
<br />1,565,000
<br />1,060,000
<br />600,000
<br />155,000
<br />
<br />New Total
<br />
<br />$415,000
<br />485,000
<br />570,000
<br />540,000
<br />540,000
<br />535,000
<br />535,000
<br />535,000
<br />505,000
<br />505,000
<br />460,000
<br />445,000
<br />155,000
<br />
<br />.5.714 Years
<br />
<br />Average Maturity on Outstanding Debt.
<br />
<br />$ 65,000
<br />105,000
<br />80,000
<br />85,000
<br />90,000
<br />95,000
<br />100,000
<br />405,000
<br />405,000
<br />460,000
<br />445,000
<br />155,000
<br />
<br />Present Total
<br />
<br />$415,000
<br />420,000
<br />465,000
<br />460,000
<br />455,000
<br />445,000
<br />440,000
<br />435,000
<br />100,000
<br />100,000
<br />
<br />1994
<br />1995
<br />1996
<br />1997
<br />1998
<br />1999
<br />2000
<br />2001
<br />2002
<br />2003
<br />2004
<br />2005
<br />2006
<br />
<br />On January 1, 1994 the City and the industries renewed the contracts for an additional seven year period through December 31,
<br />2000. Under the terms of the new contracts the industries will continue to pay full City taxes each year on the previously
<br />annexed value of each industry and an in lieu payment on the remaining total value which constitutes the protected Industrial
<br />Districts. These annual in lieu payments, when added to the full City taxes on the annexed portion, are an amount equal to the
<br />sum of a) for the tax years 1994 through 1996, 50% of the amount of ad valorem taxes which would be payable to the City if all
<br />of the industry's' land and improvements were in the City and b) for the tax years 1997 through 2000,53% of the amount of ad
<br />valorem taxes which would be payable to the City if all of the industry's land and improvements were in the City. Listed
<br />below is a schedule of the payments received in 1992 and 1993.
<br />
<br />Fiscal Year
<br />Endin2 9/30
<br />
<br />992
<br />In Lieu PaYments City Taxes
<br />
<br />993
<br />Cllts
<br />
<br />I
<br />~~
<br />
<br />I
<br />
<br />,}
<br />,
<br />
<br />
<br />I
<br />
<br />ESTIMATED DEBT SERVICE REOUIREMENT SCHEDULE*
<br />
<br />$2,490,000 Bonds, Series 1994
<br />Interest
<br />
<br />New Total
<br />
<br />$785,679
<br />804,581
<br />853,483
<br />790,171
<br />756,968
<br />718,466
<br />685,274
<br />652,545
<br />593,891
<br />568,768
<br />500,143
<br />463,541
<br />
<br />Fiscal Year
<br />Endin2 9/30
<br />
<br />Total
<br />
<br />$ 50,349
<br />174,548
<br />211,788
<br />183,543
<br />185,468
<br />187,075
<br />188,374
<br />189,325
<br />483,391
<br />465,268
<br />500,143
<br />463,541
<br />
<br />$ 50,349
<br />109,548
<br />106,788
<br />103,543
<br />100,468
<br />97,075
<br />93,374
<br />89,325
<br />78,391
<br />60,268
<br />40,143
<br />18,541
<br />
<br />17
<br />
<br />PrinciDal
<br />
<br />$ 65,000
<br />105,000
<br />80,000
<br />85,000
<br />90,000
<br />95,000
<br />100,000
<br />405,000
<br />405,000
<br />460,000
<br />445,000
<br />
<br />Excludes the Refunded Bonds; subject to change.
<br />
<br />Present Total
<br />
<br />$735,330
<br />630,033
<br />64 1,695
<br />606,628
<br />571,500
<br />531,391
<br />496,900
<br />463,220
<br />110,500
<br />103,500
<br />
<br />1994
<br />1995
<br />1996
<br />1997
<br />1998
<br />1999
<br />2000
<br />2001
<br />2002
<br />2003
<br />2004
<br />2005
<br />
<br />.
<br />
<br />,
<br />i
<br />(:"
<br />
<br />i
<br />
<br />$359,052.89
<br />361,244.66
<br />262,257.60
<br />332,384.80
<br />211,841.85
<br />144,274.49
<br />12,399.23
<br />143,500.59
<br />104,295.95
<br />103,203.97
<br />82,438.81
<br />0.00
<br />59,657.18
<br />11,765.55
<br />63,932.09
<br />1,031.99
<br />2,623.45
<br />22,165.06
<br />39,440.71
<br />11,234.97
<br />16,052.46
<br />14,226.42
<br />940.18
<br />6,527.46
<br />144,903.19
<br />4,041.18
<br />3,646.35
<br />
<br />327.8
<br />0.00
<br />
<br />2,461.22
<br />2,046.93
<br />2,624.16
<br />991.09
<br />758.78
<br />
<br />1,167.10
<br />0.00
<br />683.09
<br />1,480.42
<br />
<br />692.61
<br />0.00
<br />668.25
<br />
<br />1,583.44
<br />4,191.91
<br />190.71
<br />$2,538,950.60
<br />
<br />$1,499,631.89
<br />437,334.88
<br />258,529.03
<br />539,360.54
<br />260,822.63
<br />275,322.20
<br />11,790.72
<br />208,625.92
<br />241,540.64
<br />83,102.98
<br />100,611.62
<br />11,182.50
<br />79,730.35
<br />64,777.80
<br />59,644.83
<br />831. 99
<br />2,695.93
<br />17,613.65
<br />43,509.70
<br />11,947.84
<br />39,378.02
<br />29,992.76
<br />15,802.76
<br />6,653.03
<br />157,669.32
<br />4,751.44
<br />7,574.94
<br />2,975.66
<br />0.00
<br />3,746.80
<br />5,913.33
<br />77 ,381.52
<br />12,644.83
<br />3,726.74
<br />1,179.74
<br />0.00
<br />2,368.90
<br />24,595.11
<br />0.00
<br />6,123.04
<br />678.22
<br />30,575.23
<br />3,387.49
<br />72.98
<br />$4,645,599.50
<br />
<br />City Taxes
<br />
<br />$359,052.89
<br />361,244.66
<br />262,257.60
<br />332,384.80
<br />211,841.85
<br />144,274.49
<br />12,399.23
<br />143,500.59
<br />104,295.95
<br />103,203.97
<br />82,438.81
<br />0.00
<br />
<br />59,626.30
<br />11,765.55
<br />63,932.09
<br />1,031.99
<br />2,623.45
<br />22,165.06
<br />39,440.71
<br />11,234.97
<br />16,052.46
<br />14,226.42
<br />940.18
<br />6,527.46
<br />144,903.19
<br />4,041.18
<br />3,646.35
<br />327.81
<br />4,191.91
<br />2,461.22
<br />2,046.93
<br />48,783.53
<br />991.09
<br />758.78
<br />1,167.10
<br />190.71
<br />683.09
<br />1,480.42
<br />692.61
<br />0.00
<br />668.25
<br />1,583.44
<br />0.00
<br />0.00
<br />$2,585,079.09
<br />
<br />24
<br />
<br />$1,533,582.23
<br />422,850.69
<br />239,926.04
<br />483,745.64
<br />280,339.59
<br />256,405.18
<br />15,306.29
<br />206,502.57
<br />231,334.77
<br />69,405.20
<br />00,032.05
<br />21,356.21
<br />84,077.57
<br />58,709.86
<br />45,264.15
<br />884.26
<br />
<br />2,744.33
<br />18,384.78
<br />42,783.86
<br />10,006.92
<br />37,222.14
<br />31,157.17
<br />15,954.43
<br />7,326.41
<br />186,819.48
<br />4,808.12
<br />7,117.48
<br />2,861.06
<br />0.00
<br />3,738.39
<br />6,053.89
<br />19,522.48
<br />11,198.41
<br />3,904.17
<br />1,333.74
<br />83.63
<br />4,070.62
<br />23,918.27
<br />
<br />0.00
<br />6,444.67
<br />678.22
<br />30,575.23
<br />0.00
<br />0.00
<br />$4,528,430.40
<br />
<br />In Lieu Pa
<br />
<br />Quantum Chemical Corp.
<br />E.I. du Pont de Nemours
<br />Occidental Electrochemical
<br />Solvay Interox Corp.
<br />Houston Lighting & Power
<br />Dow Chemical USA
<br />Alphagaz Division of Liquid Air
<br />Fina Oil & Chemical Co.
<br />Akzo Chemical, Inc.
<br />Aristech Chemical Corp.
<br />Rohm & Haas Corp.
<br />Chusei (U.S.A.), Inc.
<br />Lubrizol Corp.
<br />Ethyl Corp. (USI-Emery)
<br />Air Products & Chemicals
<br />Texas Electric Equipment Co.
<br />Union Carbide Corporation
<br />Big Three Industries
<br />Petro-lite Corporation
<br />Hercules, Inc.
<br />Goodyear Tire & Rubber Co.
<br />Tri-Gas, Inc. (formerly Airco)
<br />Nippon Pigment USA, Inc.
<br />Grief Brothers
<br />Geon Company
<br />Ohmstede Machine Works, Inc.
<br />Eurecat, U.S.,lnc.
<br />Laidlaw Enrivonmental Services
<br />Nocs Gulf West, Inc.
<br />Witco Corporation
<br />Drago Supply Co., Inc.
<br />Praxair, Inc. (Union Carbide)
<br />Prime Equip. Co. (Grace Eq.)
<br />Fairmont Supply
<br />Dunn Equipment, Inc.
<br />Tom M.R., Inc.
<br />Revak Enterprises, Inc.
<br />ARCO
<br />Southwest Chemical Company
<br />PMC Corporation
<br />Battleground Water Co.
<br />REXENE Products Company
<br />EX-1M Freezers, Inc.
<br />Ragsdale Development Corp.
<br />Totals
<br />
<br />Industrv
<br />
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