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CITY OF EUGENE, OREGON
<br />Notes to Basic Financial Statements
<br />(4) Detailed Notes on All Funds, continued
<br /> (H) Noncurrent Liabilities, continued
<br />General Obligation Refunding Bonds, continued
<br />OriginalEnding
<br />Governmental activitiesissuanceInterest rates (%)balance
<br />General obligation bonds serviced by
<br />general property taxes:
<br />Parks and Open Spaces Bonds, Series 20046,305,0002.500% to 4.650%3,630,000
<br />General Obligation Refunding Bonds, Series 200624,990,0003.500% to 4.125%14,820,000
<br />General Obligation Refunding Bonds, Series 201110,975,0002.000% to 3.000%10,460,000
<br />Total general obligation bonds$42,270,00028,910,000
<br />Annual debt service requirements to maturity for general obligation bonds are as follows:
<br />Governmental activities
<br />Fiscal year
<br />ending June 30PrincipalInterest
<br />2013$3,990,0001,009,863
<br />20144,125,000874,463
<br />20154,265,000734,263
<br />20164,410,000588,963
<br />20173,045,000422,031
<br />2018-20228,745,000719,550
<br />2023330,00015,345
<br />$28,910,0004,364,478
<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.
<br />continued
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