City of Nowthen · Borrowed in 2011

G.O. Equipment Certificates, 2011A

Paid offVerified ✓

Borrowed for: Road Grader

The terms

From the audited financial statements' long-term-debt notes. See the source page

Amount borrowed

$247,000

Interest rate

3.10%

Issued

2011

Final payment due

2021

Last recorded balance

as of Friday, December 31, 2021

Road grader$247,000source p.37
Source description: Road Grader
“During 2011 the City issued $247,000 in Equipment Certificates to Purchase a Road Grader (see Page 17)”

Principal still owed at each year-end, from the audits.

Year-end	Still owed	Paid down that year	Source
2019	$55,000		p.37
2020	$28,000	$27,000	p.37
2021	$0	$28,000	p.39

Council motions that mention these bonds. Auto-extracted from meeting records — follow the links to verify.

“Meyer made a motion to adopt Resolution 2011-2013, a Resolution Awarding the Sale of General Obligation Certificates of Indebtedness, Series 2011A, in the Aggregate Principal amount of $247,000; Fixing Their Form and Specifications; Directing Their Execution a…”
Passed · All in favor · moved by Meyer, seconded by LeisticoTuesday, July 12, 2011 — City Council Meeting

Read every discussion of these bonds in search.