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02-27-2017 Council Packet
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02-27-2017 Council Packet
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3/14/2018 12:39:53 PM
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City Council
Council Document Type
Council Packet
Meeting Date
02/27/2017
Council Meeting Type
Regular
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<br /> <br /> <br /> <br />SCHEDULE OF PAYMENTS <br /> 2017 CERTIFICATES OF INDEBTEDNESS <br /> <br /> MARCH 1, 2017 <br /> <br /> PRINCIPAL INTEREST TOTAL <br /> <br />December 31, 2018 $ 102,000.00 $ 5,702.00 $107,702.00 <br />December 31, 2019 104,000.00 2,090.00 106,090.00 <br />December 31, 2020 105,000.00 1,050.00 106,050.00 <br /> <br />Total $ 311,000.00 $ 8,842.00 $319,842.00 <br /> <br />Interest Rate – 1.0% <br /> <br /> <br />Levy 2017 Payable 2018 $113,087.00 (includes required 5% overlevy) <br />Levy 2018 Payable 2019 111,395.00 <br />Levy 2019 Payable 2020 111,353.00 <br /> <br /> Total $335,835.00 <br /> <br />
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