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<br />CITY OF LA PORTE <br /> <br />1989 GENERAL OBLIGATION BOND FUND SUMMARY <br />ESTIMATED WORKING CAPITAL 10/1/89 <br />PLUS REVENUES: <br />INTEREST INCOME ~ 100,000 <br />TRANS FROM 1985 GENERAL OBLIGATION BOND FUND 143,795 <br />TOTAL REVENUES <br />TOTAL RESOURCES <br />LESS EXPENDITURES: <br />ADMINISTRATION $ 93,000 <br />FIRE TRAINING FACILITY 1,050,000 <br />STREETS 1,000,000 <br />TOTAL EXPENDITURES <br />ESTIMATED FUND BALANCE 9/30/90 <br />$ 2,050,000 <br />243,795 <br />~ 2,293,795 <br />2.143,000 <br />~ 150,795 <br />The 1989 General Obligation Bond Fund is used to fund projects that benefit <br />the general population of the City of La Porte. Projects expected to be <br />accomplished during the year include: <br />EAST E STREET <br />1989 General Obligation Bonds will be utilized for the construction of <br />pavement, curbs, gutters, sidewalks, and necessary drainage improvements and <br />utility adjustments. This project will essentially reconstruct East E Street <br />from San Jacinto to Park Streets. <br />FIRE TRAINING FACILITY <br />1989 General Obligation bonds will be utilized to construct a Fire Training <br />Facility that will include a multi-storied burn building and a small cottage <br />burn building to simulate commercial and residential firefighting techniques. <br />Additionally, the new facility will provide paved parking, storage areas, and <br />a pistol range for police firearm training. <br />216 <br />