Current Developer Agreement
<br /> Sc.G. Hill Project
<br /> Michael Investments
<br /> Prinicpal Interest Balance
<br /> Original 196000
<br /> Interest rate 7.00%
<br /> Date 27-Jun-94 Through 08/01/03
<br /> Payments Feb&Aug 1
<br /> Avail increment 0.85
<br /> TIF District #1
<br /> Prinicpal Interest Total Pmt Balance
<br /> 1991
<br /> 1992
<br /> 1993
<br /> 1994 196,000.00
<br /> 196,000.00
<br /> 1995 196,000.00
<br /> 196,000.00
<br /> 1996 (5,921.96) 28,735.78 22,813.82 201,921.96
<br /> 15,746.55 7,067.27 22,813.82 186,175.41
<br /> 1997 16,193.32 6,516.14 22,709.46 169,982.09
<br /> 16,760.09 5,949.37 22,709.46 153,222.00
<br /> 1998 13,089.38 5,362.77 18,452.15 140,132.62
<br /> 13,547.51 4,904.64 18,452.15 126,585.11
<br /> 1999 14,190.58 4,430.48 18,621.06 112,394.53
<br /> 14,687.25 3,933.81 18,621.06 97,707.28
<br /> 2000 13,862.13 3,419.75 17,281.88 83,845.15
<br /> •
<br /> 14,347.30 2,934.58 17,281.88 69,497.85
<br /> 2001 18,750.81 2,432.42 21,183.23 50,747.04
<br /> (1,776.15) 1,776.15 0.00 52,523.19
<br /> 2002 (1,838.31) 1,838.31 0.00 54,361.50
<br /> 5,689.30 1,902.65 7,591.95 48,672.20
<br /> 2003 7,932.95 1,703.53 9,636.48 40,739.26
<br /> 40,739.26
<br /> 2004 Last payment 8/1/03 40,739.26
<br /> 40,739.26
<br /> 2005 40,739.26
<br /> 40,739.26
<br /> 2006 40,739.26
<br /> 40,739.26
<br /> 2007 40,739.26
<br /> 40,739.26
<br /> 2008 40,739.26
<br /> 40,739.26
<br /> 2009 40,739.26
<br /> 40,739.26
<br /> 2010 40,739.26
<br /> 40,739.26
<br /> 2011 40,739.26
<br /> 40,739.26
<br /> 2012 40,739.26
<br /> 40,739.26
<br /> 2013 40,739.26
<br /> 2014
<br /> • 155260.745 82907.65
<br /> 238168.395
<br />
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