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City of Louisville
<br />Bond Debt
<br />1993 Sales Tax Revenue Bonds
<br />The bonds were issued in 1993 at a face amount of $6,115,000 at 2.6% to 5.2% interest.
<br />The Bonds were used for refunding the City's 1989 Sales Tax Revenue Bonds which were
<br />issued to finance certain capital improvements for the City including a library facility, a City
<br />recreation center, and various other capital outlays. The source of payment for the bonds
<br />comes from one -cent of the City's three and three -eights cents Sales Tax. The 1997
<br />Capital Projects Fund budget includes a designation of $100,000 for the 2003 call date.
<br />Year
<br />Interest Principal Total Principal
<br />Amount Amount Payment Balance
<br />1996 $5,495,000
<br />1997 267,600 220,000 487,600 5,275,000
<br />1998 259,460 230,000 489,460 5,045,000
<br />1999 250,490 240,000 490,490 4,805,000
<br />2000 240,650 250,000 490,650 4,555,000
<br />2001 229,900 260,000 489,900 4,295,000
<br />2002 218,200 270,000 488,200 4,025,000
<br />2003 205,645 285,000 490,645 3,740,000
<br />2004 192,108 295,000 487,108 3,445,000
<br />2005 177,800 310,000 487,800 3,135,000
<br />2006 161,990 325,000 486,990 2,810,000
<br />2007 145,415 345,000 490,415 2,465,000
<br />2008 127,820 360,000 487,820 2,105, 000
<br />2009 109,460 380,000 489,460 1,725,000
<br />2010 89,700 400,000 489,700 1,325,000
<br />2011 68,900 420,000 488,900 905,000
<br />2012 47,060 440,000 487,060 465,000
<br />2013 24,180 465,000 489,180 0
<br />TOTAL $2,816,378 $5,495,000 $8,311,378 $0
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