Volume 350, Page 44 View pdf image (33K) |
11. Revenue Bonds, Notes Payable, Loans from Other Funds and Obligations Under Capital Leases: A. Enterprise Funds: Community Development Administration (Administration): Revenue Bonds: The Administration, an agency of the Department of Economic and Community Development, has issued
Substantially all bonds are subject to redemption provisions at the option of the Administration. Redemptions In July of 1985, the Administration issued $45,197,000 of revenue bonds. Notes Payable: The aggregate amount of notes payable (amounts expressed in thousands) at June 30, 1985, consisted of: 1983 Series A Multi-Family Construction Loan Notes with interest of 6.50% due 1984 Series A Construction Loan Notes with interest of 7.75% due August 1, 1986 10,550 1985 Series A Multi-Family Construction Loan Notes with interest of 6.50% due $25,231 Maryland Food Center Authority (Authority): The Board of Public Works loaned to the Authority $4,000,000 which was obtained from the issuance of general On May 2, 1969, the State issued bonds to provide $5,000,000 for a construction loan to the Authority. Total principal and interest (expressed in thousands) due to the State are summarized as follows: Greater Baltimore Regional Consolidated Wholesale Food Market Loan of 1967 ............ $ 5,577 General Construction Loan ......................................................... 4,722 Debt assumed from New Marsh Wholesale Produce Market ............................. 795 $11,094 44
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Volume 350, Page 44 View pdf image (33K) |
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