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REDEVELOPMENT AGENCY OF SAN LEANDRO
<br />NOTES TO THE FINANCIAL STATEMENTS
<br />FOR THE YEAR ENDED JUNE 30, 2008
<br />8. LONGTERM OBLIGATIONS
<br />A summary of changes in long-term debt for the year ended June 30, 2008, is as follows:
<br /> Balance Balance Cuttent Long-Tenn
<br /> July 1, 2007 Additions Retirement Adjustment June 30, 2008 Portion Portion
<br />
<br />2001 Certificates ofPariicipation $ 4,365,000 $ - $ {140,000) $ - $ 4,225,000 $ 145,000 $ 4,080,000
<br />2002 Tax Allocation Bonds 14,485,000 - {345,000) - 14,640,000 525,000 14,1 i 5,000
<br />2004 Tax Allocation Bonds 5,500,000 - - - 5,500,000 95,000 5,405,000
<br />Bay Fair Mall Debt 1,550,000 - (300,000) (50,000) 1,200,000 250,000 950,000
<br />HUD 108 Guarantee 811,000 - (63,000) - 748,000 63,000 685,000
<br />Owner Participation Agreements 2,940,020 - (226,314) - 2,713,706 157,847 2,555,859
<br />
<br />Total 30,151,020 - {1,074,314) {50,000) 29,026,706 1,235,847 27,790,859
<br />Less unamortized:
<br />Miscount (86,250) - 4,107 - (82,143) (4,107) (78,036)
<br />Total netotdiscount $ 30,064,770 $ - $ (!,070,207) $ (50,000} $28,944,563 $ 1,231,740 $ 27,712,823
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