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10,;,9. 93 10: 30 FAX 61: M 300: SPRISGSTED INC. 0 011"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: <br />C.G. Hill & Sons <br />Amount: <br />$172,500 <br />Discount Rate: <br />9•00% <br />Annual Increment: <br />$42,597 <br />Increment Inflator: <br />1.00% <br />Annual <br />Beginning <br />Principal <br />Annual <br />Total <br />Increment <br />85% <br />Ending <br />Balance <br />Year <br />Balance <br />Repayment <br />Interest <br />Payment <br />(5) <br />(6) <br />m <br />(1) <br />(2) <br />(3) <br />(4) <br />1 <br />172,500 <br />20,682 <br />15,525 <br />36,207 <br />36,207 <br />151,818 <br />128,913 <br />2 <br />151,B18 <br />22.905 <br />13.664 <br />36,569 <br />36,935 <br />36,569 <br />36,935 <br />103,580 <br />3 <br />4 <br />128,913 <br />103,580 <br />25,333 <br />27.982 <br />11,602 <br />9,322 <br />37,304 <br />37,304 <br />5 <br />75.598 <br />30,873 <br />6,804 <br />37,677 <br />37.677 <br />44.725 <br />10,696 <br />6 <br />44,725 <br />34,029 <br />4,025 <br />38,054 <br />38,054 <br />7 <br />10,696 <br />10,696 <br />963 <br />11,659 <br />11,659 <br />0 <br />8 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />9 <br />10 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />11 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />12 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />13 <br />14 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />15 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />16 <br />0 <br />0 <br />17 <br />18 <br />19 <br />20 <br />Totals <br />172,500 <br />61,905 <br />234,405 <br />234,405 <br />Prepared 28-Oct-93 by SPRINGSTED Incorporated <br />mlmvbuspk <br />