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1998-014 Council Resolution
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1998-014 Council Resolution
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2/8/2016 10:54:09 AM
Creation date
2/8/2016 8:51:59 AM
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City Council
Council Document Type
Resolutions
Meeting Date
02/09/1998
Council Meeting Type
Regular
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Page 3 <br />SCHEDULE OF PAYMENTS <br />1998 CERTIFICATES OF INDEBTEDNESS- $287,734 <br />FEBRUARY1, 1998 <br />PRINCIPAL INTEREST TOTAL <br />December31, 1998 $ 95,734.00 $33,052.00 $128,786.00 <br />December 31, 1999 96,000.00 11,520.00 107,520.00 <br />December 31, 2000 96,000.00 5,760.00 101,760.00 <br />Total $287,734.00 $50,332.00 $338,066.00 <br />Interest Rate - 6% <br />Levy 1998 Payable 1999 <br />Levy 1999 Payable 2000 <br />Levy 2000 Payable 2001 <br />$135,225.00 (includes 5% overlevy) <br />107,520.00 <br />101,760.00 <br />Total $344,505.00 <br />
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