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10-22-1990 Council Packet
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10-22-1990 Council Packet
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ORONO FACILITIES <br />Building Fund <br />Sewer <br />Water <br />PIR <br />General Fund <br />66-76 Bond Fund <br />2,200,000 <br />450.000 <br />50,000 <br />r',000 <br />100.000 <br />300,000 <br />3,200,000 <br />Still Available <br />$600,000 PIR <br />$280,000 1980 Bonds (1996) <br />$150,000 Street Lights (90-99) <br />$160,000 Equipment Outlay <br />$900,000 General Fund Working Capital <br />plu5 monies in sewer/water <br />$150,000 Park unds <br />Financing Primary <br />ERA Revenue Bonds <br />- Establish ERA -tj- <br />- Finding of blight of current buildings <br />- Special levy outside of Levy Limit <br />- BRA can make separate levy for <br />- Designate funds to pay bonds (availability for <br />short term transfers.) <br />°^Park/SttLrimp°ovemen!: Bonds (Land and improvements <br />Wa"ter/Sewe? 5mproveLn"tf'(Water/Sewer portions of <br />buildings) <br />Both outside Levy Limits <br />Generally need $100,000-200,000 levy to insure continued <br />strong financial position. <br />Alternate Means <br />a. ) Building Authority Lease Purchase <br />(Not outside Levy Limit) <br />b. ) Bond Referendum
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