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<br />CITY OF LA PORTE
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<br />Page 10 of 12
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<br />NOrES TO FINANCIAL STATEME~TS
<br />SEPrEMBER 30, 1982
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<br />1979 General Obligation serial bonds due in
<br />annual installments of $100,00 through February 15,
<br />1995; Interest at 6.4% to 1983; 5.2% from 1984 to
<br />1991; 5.3% to 5.45% from 1992 to 1995
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<br />$1,300,000
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<br />1980 General Obligation and Refunding serial
<br />bonds due in annual installments of $175,000 to
<br />$275,00 through August 1, 1999; Interest at 8.5%
<br />1981,- 1984; 7.50% from 1985 - 1988; 7.0% from
<br />1989 - 1993; 7.5% to 8.25% from 1994 to 1999
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<br />3,500,000
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<br />1980 Certificates of Obligation due in
<br />annual installments of $80,000 through February 1,
<br />1991; Interest at 7.75%
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<br />720,000
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<br />$6,973,000
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<br />Revenue Bonds:
<br />1965 Waterworks and Sewer serial bonds due in
<br />annual installments of $25,000 through March 15,
<br />1988; Interest at 3.6% to 1983; 3.7% from 1984 to
<br />1988
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<br />$ 150,000
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<br />1965 Airport serial bonds due in annual in-
<br />stallments of $5,000 through January 15, 1984;
<br />Interest at 4.5%
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<br />10,000
<br />$ 160,000
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<br />A summary of annual requirements to amortize all debts outstanding
<br />as of September 30,1982, including interest payments of $3,683,883
<br />is as follows:
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<br /> General
<br /> Obligations Revenue Total
<br />1983 $ 936,125 $ 35,413 $ 971,538
<br />1984 906,990 34,275 941,265
<br />1985 878,137 28,238 906,375
<br />1986 848,043 27,312 875,355
<br />1987-91 3,629,235 51,850 3,681,085
<br />1992-99 3,441, 265 3,441,265
<br /> nO,639,795 $ 177,088 $10 , 816 , 883
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