Laserfiche WebLink
10/28/93 10:29 FAX 612 223 3002 SPRINGSTED INC. Q008/016 <br /> City of Mounds View, Minnesota <br /> Mounds View Business Park East <br /> Everest Development Company <br /> "Pay As You Go"TIF Financing <br /> Project: G.G. Hill & Sons <br /> Amount; $172,500 <br /> Discount Rate: 7,50% <br /> Annual Increment: $42,597 <br /> Increment inflator. 1.00% Annual <br /> Beginning Principal Annual Total Increment Ending <br /> Year Balance Repayment Interest Payment 85% <br /> Balan6) i) <br /> (1) (2) (3) (4) (5) <br /> 1 172,500 23,269 12,938 36,207 36,207 149,231 <br /> 2 149,231 25,377 11,192 36,569 36,569 123,854 <br /> 3 123,854- 27,646 9,289 36,935 36,935 96,208 <br /> 4 96,208 30,088 7,216 37,304 37,304 66,120 <br /> 5 66,120 32,718 4,959 37,677 37,677 33,402 <br /> 6 33,402 33,402 2,505 35,907 35,907 0 <br /> 7 0 0 0 0 0 0 <br /> 8 0 0 0 0 0 0 <br /> 9 0 0 0 0 00 <br /> 10 0 0 0 0 0 0 <br /> 11 0 0 0 0 0 0 <br /> 12 0 0 0 0 0 0 <br /> 13 0 0 0 0 0 0 <br /> 14 0 0 0 0 0 0 <br /> 15 0 0 0 0 0 0 <br /> 16 0 0 0 0 0 0 <br /> 17 <br /> 18 <br /> 19 <br /> 20 <br /> Totals 172,500 48,099 220,599 220,599 <br /> Prepared 28-Oct-93 by SPRINGSTED Incorporated m\mvbuspk <br />