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CC PACKET 03102015
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CC PACKET 03102015
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Last modified
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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22 <br />Assessment Payback Table <br />Exam le: 5.0% Interest Rate - $10,400 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 />$10,400.00 <br />$69333 <br />$520.00 <br />$150 <br />$1,214.83 <br />2014 <br />2 <br />$9,706.67 <br />$693.33 <br />$485. 33 <br />$1S0 <br />$1,180.17 <br />2015 <br />3 <br />$9,01333 <br />$693.33 <br />$450.67 <br />$1.50 <br />$1,145.50 <br />2016 <br />4 <br />$8,320.00 <br />$693.33 <br />$416.00 <br />$1.50 <br />$1,110.83 <br />2017 <br />5 <br />$7,626.67$693.33 <br />$38133 <br />$1.50 <br />$4076.17 <br />2018 <br />6 <br />$6,933.33 <br />$69333 <br />$346.67 <br />$ISO <br />$1,041.50 <br />2019 <br />7 <br />$6,240.00 <br />$693.33 <br />$312.00 <br />$1.50 <br />$1,006.83 <br />2020 <br />8 <br />$5,546.67 <br />$693.33 <br />$277.33 <br />$150 <br />$972.17 <br />2021 <br />9 <br />$4,853.33 <br />$693.33 <br />$212.67 <br />$1.50 <br />$937.50 <br />2022 <br />10 <br />$4,160.00 <br />$69333 <br />$208.00 <br />$ISO <br />$902.83 <br />2023 <br />11 <br />$3,466.67 <br />$693.33 <br />$17333 <br />$1.50 <br />$868.17 <br />2024 <br />12 <br />$2,773.33 <br />$693.33 <br />$138.67 <br />$1.50 <br />$833.50 <br />2025 <br />73 <br />$2,080.00 <br />$693.33 <br />$104.00 <br />$1.50 <br />$798.83 <br />2026 <br />14 <br />$1,366.67 <br />$69333 <br />$6933 <br />$1.50 <br />$764.17 <br />2027 <br />15 <br />$693.33 <br />$693.33 <br />$34.67 <br />$1.50 <br />$729.50 <br />2028 <br />$10,400.00 <br />$4,160.00 <br />$22.50 <br />$14,582.50 <br />Interest Payment Declines as Principal is Paid <br />1.9 <br />
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