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2018-011 Council Resolution
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2018-011 Council Resolution
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4/12/2018 3:27:16 PM
Creation date
4/2/2018 4:05:49 PM
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City Council
Council Document Type
Resolutions
Meeting Date
02/12/2018
Council Meeting Type
Regular
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December 31, 2019 <br />December 31, 2020 <br />December 31, 2021 <br />Total <br />Interest Rate —1.0% <br />Levy 2018 Payable 2019 <br />Levy 2019 Payable 2020 <br />Levy 2020 Payable 2021 <br />Total <br />SCHEDULE OF PAYMENTS <br />2018 CERTIFICATES OF INDEBTEDNESS <br />FEBRUARY 1, 2018 <br />PRINCIPAL <br />$ 103,900.00 <br />100,000.00 <br />100,000.00 <br />$ 303,900.00 <br />INTEREST <br />$ 5,825.00 <br />2,000.00 <br />1,000.00 <br />$ 8,825.00 <br />TOTAL <br />$109,725.00 <br />102,000.00 <br />101,000.00 <br />$312,725.00 <br />$115,211.00 (includes required 5% overlevy) <br />107,100.00 <br />106,050.00 <br />$328,361.00 <br />
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