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• <br /> Exhibit M <br /> TOWN OF MASHPEE <br /> NOTES TO FINANCIAL STATEMENTS <br />• YEAR ENDED JUNE 30, 1979 <br /> either the normal debt limit or double debt <br />• limit. As of June 30, 1979, the Town of Mashpee <br /> has the following General Obligation Bonds <br /> outstanding: <br /> Samuel G. Davis School Bond - This issue <br />• requires principal payments of $6, 00.0 a <br /> year and will be retired by 1982. <br /> Library Bond - This bond requires principal <br /> payments of $1, 000 a year and is programmed <br /> • to be retired by 1985 . <br /> School Project Loan, Act of 1948 - This <br /> issue requires principal payments on <br /> February l in each fiscal year as follows: <br /> • <br /> $200, 000 per year to 1980 inclusive; $195,000 <br /> from 1981 to 1986 inclusive and. $190, 000 from <br /> 1987 to 1996 inclusive. <br /> • School Planning Bonds - This issue requires <br /> principal payments on February 1 in each <br /> fiscal year as follows: <br /> $85,000 per year to 1980 inclusive; and <br /> $40,000 on February 1, 1981. <br /> • <br /> School Bonds This issue requires principal <br /> payments on February 1 in each year as follows: <br /> $15, 000 per year to 1986 inclusive and $10,000 <br /> from 1987 to. 1996 inclusive. <br /> • <br /> • <br /> CHARLES E. DIPESA & Co.. BOSTON. MASS. (617) 423-3555 <br />