|
City of Lino Lakes, Minnesota
<br />Legacy Project
<br />April 30, 2008
<br />Page 8
<br />Projected Pay -As- You -Go Note Report
<br />City of Lino Lakes, Minnesota
<br />Tax Increment Financing (Redevelopment) District No. 1 -11
<br />The Village Project - Updated $556K PayGO Note, Using Last Nine Years of Increment
<br />Note Date: 12/31/07
<br />Note Rate: 8.00% in 07/08, and 6% thereafter
<br />Amount: $556,000
<br />Semi - Annual Loan
<br />Net Capitalized Balance
<br />Date Principal Interest P & I Revenue Interest Outstanding
<br />(1) (2) (3) (4) (5) (6) (7)
<br />556,000.00
<br />02/01 /08 0.00 0.00 0.00 0.00 2,780.00 558,780.00
<br />08/01/08 0.00 0.00 0.00 0.00 22,351.20 581,131.20
<br />02/01/09 0.00 0.00 0.00 0.00 23,245.25 604,376.45
<br />08/01/09 0.00 0.00 0.00 0.00 18,131.29 622,507.74
<br />02/01/10 0.00 0.00 0.00 0.00 18,675.23 641,182.97
<br />08/01/10 0.00 0.00 0.00 0.00 19,235.49 660,418.46
<br />02/01/11 0.00 0.00 0.00 0.00 19,812.55 680,231.01
<br />08/01/11 0.00 0.00 0.00 0.00 20,406.93 700,637.94
<br />02/01/12 0.00 0.00 0.00 0.00 21,019.14 721,657.08
<br />08/01/12 0.00 0.00 0.00 0.00 21,649.71 743,306.79
<br />02/01/13 0.00 0.00 0.00 0.00 22,299.20 765,605.99
<br />08/01/13 0.00 0.00 0.00 0.00 22,968.18 788,574.17
<br />02/01/14 0.00 0.00 0.00 0.00 23,657.23 812,231.40
<br />08/01/14 0.00 0.00 0.00 0.00 24,366.94 836,598.34
<br />02/01/15 0.00 0.00 0.00 0.00 25,097.95 861,696.29
<br />08/01/15 0.00 0.00 0.00 0.00 25,850.89 887,547.18
<br />02/01/16 0.00 0.00 0.00 0.00 26,626.42 914,173.60
<br />08/01/16 0.00 0.00 0.00 0.00 27,425.21 941,598.81
<br />02/01/17 0.00 0.00 0.00 0.00 28,247.96 969,846.77
<br />08/01/17 0.00 0.00 0.00 0.00 29,095.40 998,942.17
<br />02/01/18 0.00 0.00 0.00 0.00 29,968.27 1,028,910.44
<br />08/01/18 0.00 0.00 0.00 0.00 30,867.31 1,059,777.75
<br />02/01/19 0.00 0.00 0.00 0.00 31,793.33 1,091,571.08
<br />08/01 /19 0.00 0.00 0.00 0.00 32,747.13 1,124,318.21
<br />02/01/20 0.00 0.00 0.00 0.00 33,729.55 1,158, 047.76
<br />08/01/20 0.00 0.00 0.00 0.00 34,741.43 1,192,789.19
<br />02/01/21 0.00 0.00 0.00 0.00 35,783.68 1,228,572.87
<br />08/01/21 0.00 0.00 0.00 0.00 36,857.19 1,265,430.06
<br />02/01/22 0.00 0.00 0.00 0.00 37,962.90 1,303,392.96
<br />08/01/22 0.00 0.00 0.00 0.00 39,101.79 1,342,494.75
<br />02/01/23 0.00 0.00 0.00 0.00 40,274.84 1,382,769.59
<br />08/01/23 0.00 0.00 0.00 0.00 41,483.09 1,424,252.68
<br />02/01/24 0.00 0.00 0.00 0.00 42,727.58 1,466,980.26
<br />08/01/24 0.00 0.00 0.00 0.00 44,009.41 1,510,989.67
<br />02/01/25 0.00 0.00 0.00 0.00 45,329.69 1,556,319.36
<br />08/01/25 0.00 0.00 0.00 0.00 46,689.58 1,603,008.94
<br />02/01/26 0.00 0.00 0.00 0.00 48,090.27 1,651,099.21
<br />08/01/26 0.00 0.00 0.00 0.00 49,532.98 1,700,632.19
<br />02/01/27 0.00 0.00 0.00 0.00 51,018.97 1,751,651.16
<br />08/01/27 0.00 0.00 0.00 0.00 52,549.53 1,804,200.69
<br />02/01/28 0.00 0.00 0.00 0.00 54,126.02 1,858,326.71
<br />08/01/28 0.00 0.00 0.00 0.00 55,749.80 1,914,076.51
<br />02/01/29 0.00 0.00 0.00 0.00 57,422.30 1,971,498.81
<br />08/01/29 0.00 0.00 0.00 0.00 59,144.96 2,030,643.77
<br />02/01/30 0.00 0.00 0.00 0.00 60,919.31 2,091,563.08
<br />08/01/30 0.00 0.00 0.00 0.00 62,746.89 2,154,309.97
<br />02/01/31 0.00 0.00 0.00 0.00 64,629.30 2,218,939.27
<br />08/01/31 0.00 0.00 0.00 0.00 66,568.18 2,285,507.45
<br />02/01/32 0.00 0.00 0.00 0.00 68,565.22 2,354,072.67
<br />08/01/32 0.00 0.00 0.00 0.00 70,622.18 2,424,694.85
<br />02/01/33 0.00 0.00 0.00 0.00 72,740.85 2,497,435.70
<br />$0 $0.00 $0.00 $0.00 $1,941,435.70
<br />Surplus Tax Increment 0.00
<br />Total Net Revenue $0.00
<br />
|