MDTA Board Meeting Materials

Resolution 26-02, Municipal Financing Page Four

2014 PFC Series 2014 Debt Service

Year Ending

Semiannual Debt Service

Annual Debt Service

Principal

Coupon

Interest

14,217,381 $1,335,454

6/1/2015 $620,000 3.000% $715,453.98

$1,335,454 780,772 2,175,772 752,872 2,202,872 723,872 2,228,872 686,247 2,266,247 646,747 2,306,747 605,247 2,350,247 561,622 2,391,622 515,872 2,440,872 467,747 2,487,747 437,447 2,517,447 404,947 2,549,947 370,091 2,585,091 334,097 2,619,097 294,109 2,659,109 252,722 2,702,722 209,847 2,744,847 163,900 2,788,900 111,400 2,841,400

12/1/2015

-

780,771.88 780,771.88 752,871.88 752,871.88 723,871.88 723,871.88 686,246.88 686,246.88 646,746.88 646,746.88 605,246.88 605,246.88 561,621.88 561,621.88 515,871.88 515,871.88 467,746.88 467,746.88 437,446.88 437,446.88 404,946.88 404,946.88 370,090.63 370,090.63 334,096.88 334,096.88 294,109.38 294,109.38 252,721.88 252,721.88 209,846.88 209,846.88 163,900.00 163,900.00 111,400.00 111,400.00 56,800.00 56,800.00

-

6/1/2016 1,395,000

4.000%

2,956,544

12/1/2016

-

-

6/1/2017 1,450,000

4.000%

2,955,744

12/1/2017

-

-

6/1/2018 1,505,000

5.000%

2,952,744

12/1/2018

-

-

6/1/2019 1,580,000

5.000%

2,952,494

12/1/2019

-

-

6/1/2020 1,660,000

5.000%

2,953,494

12/1/2020

-

-

6/1/2021 1,745,000

5.000%

2,955,494

12/1/2021

-

-

6/1/2022 1,830,000

5.000%

2,953,244

12/1/2022

-

-

6/1/2023 1,925,000

5.000%

2,956,744

12/1/2023

-

-

6/1/2024 2,020,000

3.000%

2,955,494

12/1/2024

-

-

6/1/2025 2,080,000

3.125%

2,954,894

12/1/2025

-

-

6/1/2026 2,145,000

3.250%

2,954,894

12/1/2026

-

-

6/1/2027 2,215,000

3.250%

2,955,181

12/1/2027

-

-

6/1/2028 2,285,000

3.500%

2,953,194

12/1/2028

-

-

6/1/2029 2,365,000

3.500%

2,953,219

12/1/2029

-

-

6/1/2030 2,450,000

3.500%

2,955,444

12/1/2030

-

-

6/1/2031 2,535,000

3.625%

2,954,694

12/1/2031

-

-

6/1/2032 2,625,000

4.000%

2,952,800

12/1/2032

-

-

6/1/2033 2,730,000

4.000%

2,952,800

12/1/2033

-

56,800

-

6/1/2034 2,840,000

4.000%

2,896,800

2,953,600

Total

$ 40,000,000

$

17,468,166.64 57,468,166.64 $ $ 57,468,166.64

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