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PAYMENT AND KEY DATE SCHEDULE <br />While payment and key date schedules are flexible to meet the requirements of the City, the <br />following schedule is proposed for the January 2"d, 2019 Assessment. <br />Start Date <br />Services will commence on May 1'. 2018. <br />Monthly Payment Schedule <br />Beginning May ISt, 2018 monthly payments in the amount of $5,000 will commence and be due <br />on the first day of every month. <br />May I, 2018 <br />$5,000.00 <br />June I, 2018 <br />$5,000.00 <br />July I, 2018 <br />$5,000.00 <br />August I, 2018 <br />$5,000.00 <br />September I, 2018 <br />$5,000.00 <br />October 1, 2018 <br />$5,000.00 <br />November 1, 2018 <br />$5,000.00 <br />December 1, 2018 <br />$5,000.00 <br />January I, 2018 <br />$5,000.00 <br />February 1, 2018 <br />$5,000.00 <br />March I, 2018 <br />$5,000.00 <br />April_1.:.201.8 <br />_.$5,000.00 <br />Monthly Payment Total <br />$60,000.00 <br />Final Payment <br />Within five business days of the adjournment of the Hugo Local Board of Appeal and Equalization <br />meeting the balance of the Annual Assessment Cost, including all new construction and parcel <br />addition charges, will be due. The final invoice will be provided to the City on or before February <br />Ota' of each year. <br />End Date <br />The annual assessment will be considered complete upon the adjournment of the Hugo Local <br />Board of Appeal and Equalization meeting. <br />7 <br />