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01-11-2016 Council Packet
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01-11-2016 Council Packet
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3/14/2018 11:45:37 AM
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City Council
Council Document Type
Council Packet
Meeting Date
01/11/2016
Council Meeting Type
Regular
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<br /> <br /> <br /> <br />SCHEDULE OF PAYMENTS <br /> 2016 CERTIFICATES OF INDEBTEDNESS <br /> <br /> FEBRUARY 1, 2016 <br /> <br /> PRINCIPAL INTEREST TOTAL <br /> <br />December 31, 2017 $ 155,000.00 $ 8,989.00 $163,989.00 <br />December 31, 2018 156,000.00 3,140.00 159,140.00 <br />December 31, 2019 158,000.00 1,580.00 159,580.00 <br /> <br />Total $ 469,000.00 $ 13,709.00 $482,709.00 <br /> <br />Interest Rate – 1.0% <br /> <br /> <br />Levy 2016 Payable 2017 $172,189.00 (includes required 5% overlevy) <br />Levy 2017 Payable 2018 167,097.00 <br />Levy 2018 Payable 2019 167,559.00 <br /> <br /> Total $506,845.00 <br /> <br />
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