25LINKBUDGET(FULL) - Flipbook - Page 200
The 2012 LTGO Bond Debt Fund makes annual debt payments for bonds which
were approved by the voters at an election held in November 2007 and issued
during 2012.
The bond proceeds were used to finance street improvements which began
during the spring of 2012 as part of the continuing reconstruction of city streets.
A part of the proceeds was also being used to refund the 2002 General
Obligation Bonds in order to reduce interest costs for the remainder of the debt
on that bond issue.
-3182012 GO/02 REFUNDING BOND
DEBT FUND
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