FY2016-17 Budget Final

BOND DEBT SERVICE DeSoto Park Development Corporation Sales Tax Revenue Refunding Bonds, Series 2011

Callable on 2/15/2019 @ par

Annual Debt Service

Period Ending

Principal 170,000

Coupon 3.000%

Interest 22,150 19,600

Debt Service

192,150 19,600

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

211,750

199,600 16,000

180,000

4.000%

19,600 16,000

215,600

201,000 12,300

185,000

4.000%

16,000 12,300

213,300

195,000

12,300

207,300

4.000%

8,400

8,400

215,700

8,400 4,300

213,400

205,000

4.000%

4,300

217,700

215,000

4,300

219,300

4.000%

219,300

1,150,000

143,350

1,293,350

1,293,350

Proceeds from the sale of the bonds will be used to (i) refund the Corporation's outstanding debt to achieve a present value debt service savings, and (ii) pay the costs of professional services including the costs of issuance of the Bonds.

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