FY2016-17 Budget Final

BOND DEBT SERVICE City of DeSoto, Texas General Obligation Refunding & Improvement Bonds, Series 2012 (DPDC Portion) Non Callable

Annual Debt Service

Period Ending

Principal

Coupon 4.000%

Interest 13,150 11,550

Debt Service

2/15/2017 8/15/2017 9/30/2017 2/15/2018 8/15/2018 9/30/2018 2/15/2019 8/15/2019 9/30/2019 2/15/2020 8/15/2020 9/30/2020 2/15/2021 8/15/2021 9/30/2021 2/15/2022 9/30/2022

80,000

93,150 11,550

104,700

80,000

4.000%

11,550

91,550

9,950

9,950

101,500

85,000

4.000%

9,950 8,250

94,950

8,250

103,200

8,250 5,625

105,000

5.000%

113,250

5,625

118,875

110,000

5,625 2,875

5.000%

115,625

2,875

118,500

2,875

115,000

5.000%

117,875

117,875 664,650

575,000

89,650

664,650

Proceeds from the sale of the Bonds will be used for (i) refund a portion of the City's outstanding debt described in the Schedule of (the "Refunded Obligations") for debt service savings and, (ii) pay the costs of issuance associated with the sale of the bonds.

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