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Annual Calendar Year Debt Service Payments Including These Issues
<br />G.O. Debt Supported
<br />G.O. Debt Supported Primarily by
<br />by Taxes Special Assessments
<br />Principal Principal
<br />Year Principal & Interest Principal & Interest
<br />2006 (at 5 -31) $220,000 $233,520.00 (Paid) $ 405,494.39
<br />2007 98,000 101,920.00 $ 1,375,000 1,946,568.76
<br />2008 1,115,000 1,640,548.76
<br />2009 1,060,000 1,540,532.51
<br />2010 1,085,000 1,518,968.76
<br />2011 1,125,000 1,510,351.26
<br />2012 1,160,000 1,494,681.26
<br />2013 1,195,000 1,474,165.01
<br />2014 925,000 1,152,001.26
<br />2015 910,000 1,092,318.76
<br />2016 515,000 662,818.76
<br />2017 540,000 662,593.76
<br />2018 570,000 665,950.01
<br />2019 600,000 667,750.01
<br />2020 550,000 589,759.38
<br />2021 525,000 538,125.00
<br />Total $318,000 $335,440.00 $13,250,000(a) $17,562,627.65
<br />G.O. Debt Supported G.O. Debt Supported
<br />by Tax Abatements by Revenues
<br />Principal Principal
<br />Year Principal & Interest(b) Principal & Interest(c)
<br />2006 (at 5 -31) -0- -0- (Paid) $ 69,900.00
<br />2007 -0- $ 101,094.48 $ 345,000 498,226.63
<br />2008 -0- 105,185.00 415,000 550,987.50
<br />2009 -0- 105,185.00 435,000 550,252.50
<br />2010 -0- 105,185.00 455,000 547,817.50
<br />2011 $ 30,000 134,615.00 480,000 548,795.00
<br />2012 85,000 187,387.50 505,000 548,010.00
<br />2013 125,000 223,230.00 105,000 132,665.00
<br />2014 140,000 232,895.00 110,000 133,562.50
<br />2015 155,000 241,882.50 110,000 129,217.50
<br />2016 170,000 250,177.50 115,000 129,638.75
<br />2017 190,000 262,660.00 125,000 134,720.00
<br />2018 205,000 269,313.75 55,000 61,050.00
<br />2019 225,000 280,120.00 60,000 63,712.50
<br />2020 250,000 294,845.00 60,000 61,237.50
<br />2021 270,000 303,467.50
<br />2022 295,000 315,963.75
<br />2023 320,000 327,200.00
<br />Total $2,460,000(d) $3,740,406.98
<br />(a) 79.0% of this debt will be retired within ten years
<br />(b) Includes the Series 2006C Bonds at an assumed average annual interest rate of 4.30 %.
<br />(c) Includes the Series 2006D Bonds at an assumed average annual interest rate of 4.05 %.
<br />(d) 28.7% of this debt will be retired within ten years.
<br />(e) 91.1% of this debt will be retired within ten years.
<br />$3,375,000(e) $4,159,792.88
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