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CITY OF LA PORTE, TEXAS <br />NOTES TO THE FINANCIAL STATEMENTS (continued) <br />Note 5 - Capital Assets (continued) <br />September 30, 2012, <br />Construction contract commitments outstanding as of are as follows: <br />Governmental Activities <br />Remaining <br /> Total In Progress Commitment <br />Fund <br />Hotel/Motel Fund52,315$ 7,684$ <br />TIRZ Fund201,170 - <br />General CIP Fund9,917,461 14,361,914 <br />2006 GO's97,986 62,989 <br />Totals10,268,932$ 14,432,587$ <br /> <br />Business-Type Activities <br />Remaining <br /> Total In Progress Commitment <br />Fund <br />Utility Fund3,311,352$ 251,252$ <br />2004 CO's 347,750 202,250 <br />2005 CO's42,459 25,094 <br />2006 CO's2,873 247,127 <br />2007 CO's46,665 130,336 <br />Totals3,751,099$ 856,059$ <br /> <br />Note 6 - Long-Term Debt <br />The City issues a variety of long-term debt instruments in order to acquire and/or construct major capital <br />facilities and equipment for governmental and business type activities. These instruments include general <br />obligation bonds, certificates of obligation and revenue bonds. Future ad valorem tax revenues, water and <br />sewer system revenues or liens on property and equipment secure these debt obligations. <br />38 <br /> <br />