City of Nowthen · Borrowed in 2012
G.O. Capital Improvement Plan Refunding Bonds, 2012A
Paid offSource checked
Borrowed for: Refinanced the 2006A bonds
The terms
From the audited financial statements' long-term-debt notes. See the source page
Amount borrowed
$695,000
Interest rate
2.00%
Issued
April 11, 2012
Final payment due
2022
Last recorded balance
$85,000
as of Friday, December 31, 2021
What will this cost altogether?
The total repayment is the principal plus the scheduled interest. The city's audited statements print scheduled interest for all of its bonds together, not issue by issue, so this page does not compute a total for the 2012A bonds. A rate of 2.00% alone does not give the interest without the yearly principal schedule.
How much remains?
Nothing remains. This issue is paid off. Its final payment was due in 2022.
What the money paid for
The audited statements don't itemize this issue's purchases. The meeting record may, so search the discussions.
How the repayment is going
Principal still owed at each year-end, from the audits. Where the audit does not print the year's payment, the amount paid down is the drop in the balance from the year before.
What it costs taxpayers
Budget and levy lines naming this issue, from the adopted budgets.
In the council record
Council motions that mention these bonds, ai-extracted from meeting records. Follow the links to check each one.
“Meyer made a motion to adopt the Resolution 2012-07, A Resolution Awarding the Sale of General Obligation Capital Improvement Plan Refunding Bonds, Series 2012A, In the Original Aggregate Principal Amount of $695,000; Fixing Their Form and Specifications; Dire…”
Passed · All in favor · moved by Meyer, seconded by PilonTuesday, March 13, 2012 · City Council Meeting
Read every discussion of these bonds in search.