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CC PACKET 03102015
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CC PACKET 03102015
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11/30/2015 9:31:27 AM
Creation date
3/4/2015 10:38:48 AM
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City Council
Meeting Date
3/10/2015
Meeting Type
Regular
Document Type
Council Agenda/Packets
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21 <br />Assessment Payback Table <br />Example: 5.0% Interest Rare - SUM Asci <br />Year <br />Principal <br />Principal <br />Paid <br />Interest <br />Annual <br />CountyFee <br />Total <br />Collectible <br />Year <br />1 <br />53,000.00 <br />$200.00 <br />$750.00 <br />$3.50 <br />$351.50 <br />2016 <br />2 <br />52,800.00 <br />5200.00 <br />5140.00 <br />$1S0 <br />5341.502017 <br />2016 <br />3 <br />$2,600.00 <br />$200.00 <br />$130.00 <br />$1.50 <br />5331.50 <br />2018 <br />4 <br />$2,400.00 <br />$200.00 <br />$320.00 <br />$1S0 <br />$321.50 <br />2019 <br />5 <br />12,200.00 <br />$200.00 <br />$"0.00 <br />51.50 <br />5311.50 <br />2020 <br />6 <br />52,000.00 <br />3200.00 <br />5300.00 <br />$1.50 <br />$301.50 <br />2021 <br />7 <br />$1,800.00 <br />$200.00 <br />$90.00 <br />$1.50 <br />$291.50 <br />2022 <br />8 <br />$1,600.00 <br />$200.00 <br />$80.00 <br />$150 <br />$201.50 <br />2023 <br />9 <br />51,400.00520 <br />0.00 <br />870.00 <br />$1.50 <br />$271.50 <br />2024 <br />10 <br />$1,200.00 <br />$200.00 <br />$60 .00 <br />$1.50 <br />$261.50 <br />2025 <br />11 <br />$1,000.00 <br />$200.00 <br />$50.00 <br />$1.50 <br />$251.50 <br />2026 <br />12 <br />$800.00 <br />$2W.00$ <br />40.00 <br />$1.50 <br />$241.50 <br />2027 <br />13 <br />$600.00 <br />$200.00 <br />$30.011 <br />$1.50 <br />$231.50 <br />2028 <br />14 <br />5400.00 <br />$200.00 <br />$20.00 <br />51.50 <br />$221.50 <br />2029 <br />D <br />$200.00 <br />$200.00 <br />$10.00 <br />51.50 <br />$211.50 <br />2030 <br />12 <br />$3,000.00 1 <br />$1,200.00 1 <br />$2250 <br />$4,222.50 <br />$537.50 <br />Interest Payment Declines as Principal is Paid <br />Assessment Payback Table <br />Example: 5.0% Interest Rate - $6,700 Assessment <br />Year <br />Principal <br />Principal <br />Paid <br />Interest <br />Annual <br />County Fee <br />Total <br />Collectible <br />Year <br />1 <br />$6,700.00 <br />5446.67 <br />$335.00 <br />$150 <br />$783.17 <br />2016 <br />2 <br />$6,253.33 <br />$446.67 <br />5312.67 <br />$1.50 <br />$760.83 <br />2017 <br />3 <br />$5,806.67 <br />$446.67 <br />$290.33 <br />$738.50 <br />2018 <br />4 <br />$5,360.00 <br />$446.67 <br />$268.00 <br />$150 <br />$716.17 <br />2019 <br />5 <br />84,91333 <br />$446.67 <br />$215.67 <br />$1.50 <br />5693.53 <br />2020 <br />6 <br />54,466.67 <br />$446.67 <br />522333 <br />$150 <br />$671.50 <br />2021 <br />7 <br />54,020.00 <br />$446.67 <br />$201.00 <br />$1.50 <br />$649.17 <br />2022 <br />8 <br />$3,573.33 <br />$446.67 <br />$178.67 <br />$150 <br />$626.83 <br />202; <br />9 <br />83,126.67 <br />5446.67 <br />$1.56.33 <br />51.50 <br />$604.50 <br />2024 <br />10 <br />42,680.00 <br />$446.67 <br />8134.00 <br />$1S0 <br />$58217 <br />2025 <br />11 <br />52,53333 <br />$446.67 <br />$111.67 <br />$1.50 <br />$559.83 <br />2026 <br />2030 <br />12 <br />$1,786.67 <br />$446.67 <br />$89.33 <br />$ISO <br />$537.50 <br />2027 <br />13 <br />51,340.00 <br />$446.67 <br />567.00 <br />$1.50 <br />$515.17 <br />2028 <br />14 <br />$893.33 <br />$446.67 <br />544.67 <br />$ISO <br />849283 <br />2029 <br />15 <br />$446.67 <br />$446.67 <br />522.33 <br />$1.50 <br />$ <br />Interest Payment Declines as Principal is Paid <br />470.50 <br />2030 <br />56,700.00 <br />52,680.00 <br />$2250 <br />59,40250 <br />
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