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CITY OF LITTLE CANADA
<br />PROJECTED MSA MAINTENANCE DRAWDOWNS -PAST INTEREST
<br />1975 THROUGH 1999
<br />PROJ. MAX MAINTENANCE % OF
<br />ANNUAL MAINT. REG. BOND INTEREST TOTAL TOTAL
<br />YEAR ALLOT. 125W USE PAST CURRENT MAINT. ALLOT. YEAR
<br />1975 -80 30,960 30,960 1975 -80
<br />1981 78,400 5,595 5,595 7.14% 1981
<br />1982 102,744 5,595 5,595 5.45% 1932
<br />1933 109,274 5,595 5,535 5.12% 1983
<br />1334 123,573 6,075 6,075 4.72% 1984
<br />1985 146,292 6,075 6,075 4.15% 1985
<br />1386 154,570 6,150 6,150 3.93% 1936
<br />.1937 124,572 6,150 6,150 4.34% 1987
<br />1988 157,160 7,650 7,650 4.87% 1988
<br />1939 229,845 0 16,053 41,403 57,461 25.0046 1989
<br />1990 174,608 0 43,652 38,823 82,475 4T23% - 1990
<br />1991 149,267 37,317 0 37,317 36,192 73,509 49.25% 1991
<br />1992 208,960 52,240 0 19,317 32,923 52,240 25.000,0 1992
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<br />SUB 79.345 116,344 149.341 345,630
<br />1993 175,000 43,750 0 14,158 29,592 43,750 25.00% 1993
<br />1994 175,000 43,750 0 18,097 25,653 43,750 25.00% 1994
<br />1995 175,000 43,750 . 0 24,497 19,253 43,750 25.00% 1995
<br />1996 175,000 43,750 0 5,191 16,035 21,226 12.13% 1996
<br />1997 175,000 43,750 0 0 12,385 12,385 7.08% 1997
<br />1933 175,000 43,750 0 - 0 8,635 8,685 4.9630 1993
<br />1999 175,000 43,750 3,165 0 4,560 7,725 4.41% 1999
<br />SUB 3,165 61,943 116,163 181,271
<br />TOTALS 83,010 118,287 265,504 526,801
<br />MAXIMUM PAST INTEREST:
<br />1981 BOND ISSUE -TOTAL 230,617
<br />1986 BOND ISSUE -TOTAL 256.464
<br />TOTAL 487,081
<br />LESS: CURRENT -PER. ABOVE - 265,504
<br />LESS:STATE ADJUSTMENT-
<br />(REG. MAINT. -1982-19881 - 43,290
<br />BALANCE -MAX PAST INTEREST 178,287
<br />NOTE (PER STATE - 11/891:
<br />CITY MAY 'DO ITS OWN THING BY WRITTEN
<br />REOEST FOR PAST INTEREST RECOVERY
<br />Page 45
<br />MAINT-nn Y',L,^_.
<br />SCHEDULE 1-8
<br />Cann
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