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Estimated Calendar Year Debt Service Payments
<br /> Including the Bonds and Excluding the Refunded Maturities
<br /> Utility Revenue Debt
<br /> Principal
<br /> Year Principal &Interest<a)
<br /> 2016(at 7-14) $ 405,000 $ 417,350
<br /> 2017 645,000 936,194
<br /> 2018 655,000 923,270
<br /> 2019 705,000 959,116
<br /> 2020 715,000 959,298
<br /> 2021 730,000 963,098
<br /> 2022 740,000 960,541
<br /> 2023 495,000 704,243
<br /> 2024 505,000 704,364
<br /> 2025 515,000 703,780
<br /> 2026 525,000 702,466
<br /> 2027 535,000 700,140
<br /> 2028 550,000 701,845
<br /> 2029 565,000 702,625
<br /> 2030 580,000 702,595
<br /> 2031 595,000 701,729
<br /> 2032 610,000 700,008
<br /> 2033 630,000 702,175
<br /> 2034 645,000 698,046
<br /> 2035 665,000 697,736
<br /> 2036 685,000 696,131
<br /> Total $12,695,0004') $15,936,750
<br /> (a) Includes the Series 2016A Bonds and the Series 2016B Bonds at assumed average annual interest rates of
<br /> 2.69%and 1.49%, respectively, and excludes the Refunded Maturities.
<br /> (b) 48.1%of this debt will be retired within ten years.
<br /> FUTURE FINANCING
<br /> The City does not anticipate issuing any additional long-term debt within the next 90 days.
<br /> LITIGATION
<br /> Neither the City nor the Commission are aware of any threatened or pending litigation affecting the
<br /> validity of the Bonds or the City's ability to meet its financial obligations.
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