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CITY OF EUGENE, OREGON
<br />Notes to Basic Financial Statements
<br />(4) Detailed Notes on All Funds, continued
<br /> (I) Noncurrent Liabilities, continued
<br /> General Obligation Bonds, continued
<br />OriginalEnding
<br />Governmental activitiesissuanceInterest rates (%)balance
<br />General obligation bonds serviced by
<br />general property taxes:
<br />Fire Projects Bonds, Series 2002$8,680,0003.000% to 4.650%5,430,000
<br />Parks and Open Spaces Bonds, Series 20046,305,0002.500% to 4.650%3,960,000
<br />General Obligation Refunding Bonds, Series 200624,990,0003.500% to 4.125%17,170,000
<br />Parks and Open Spaces Bonds, Series 20085,600,0005.100%4,710,000
<br />Total general obligation bonds$45,575,00031,270,000
<br />Annual debt service requirements to maturity for general obligation bonds are as follows:
<br />Governmental activities
<br />Fiscal year
<br />PrincipalInterest
<br />ending June 30
<br />2012$3,560,0001,315,527
<br />20133,705,0001,169,051
<br />20143,855,0001,015,856
<br />20154,015,000855,660
<br />20164,180,000688,026
<br />2017-202110,680,0001,378,071
<br />20221,275,00074,467
<br />$31,270,0006,496,658
<br />Certificates of Participation
<br />The City issues certificates of participation (COPs) to finance major construction projects in governmental
<br />activities. The Atrium Obligations are backed by the full faith and credit of the City, and debt payments are to
<br />be paid from rental payments made by property occupants, including City departments. The Santa Clara Fire
<br />Obligations are backed by the full faith and credit of the City and the debt payments are made by the General
<br />Fund.
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