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ASSESSMENT SCHEDULE <br />Constant Principal Payment Method <br /> <br />Project: 1999 Elk River School Street Improvements <br />Project No: 803570J <br />Parcel: 75-134-2100 <br /> <br />Owner: Elk River lSD No. 728 <br /> <br />Interest Start Date: 1-Dec-99 <br />Repayment Period: 10 yrs <br />Interest Rate: 7.00% <br /> <br />Ao <br /> <br />Assessments: Quantity <br />Street and Utility <br />Improvements 1 <br /> <br />Unit Measure <br />LS <br /> <br />Unit Price <br />44,475.55 <br /> <br />Amount <br /> <br /> 44,475.55 <br /> <br />YEAR <br /> <br />1999 <br />2000 $ <br />2001 $ <br />2OO2 $ <br />2003 $ <br />2004 $ <br />2005 $ <br />2006 $ <br />2007 $ <br />2008 $ <br />2009 $ <br /> <br />ANNUAL PRINCIPAL <br />PAYMENT PAYMENT <br /> $ $ <br /> 7,825.26 $ 4,447.55 $ <br /> 7,249.51 $ 4,447.55 $ <br /> 6,938.19 $ 4,447.55 $ <br /> 6,626.86 $ 4,447.55 $ <br /> 6,315.53 $ 4,447.55 $ <br /> 6,004.20 $ 4,447.55 $ <br /> 5,692.87 $ 4,447.55 $ <br /> 5,381.54 $ 4,447.55 $ <br /> 5,070.21 $ 4,447.55 $ <br /> 4,758.88 $ 4,447.55 $ <br /> <br />61,863.05 Total Annual Payments <br /> <br />INTEREST <br />PAYMENT <br /> - $ <br /> 3,377.70 $ <br /> 2,801.96 $ <br /> 2,490.63 $ <br /> 2,179.30 $ <br /> 1,867.97 $ <br /> 1,556.64 $ <br /> 1,245.32 $ <br /> 933.99 $ <br /> 622.66 $ <br /> 311.33 $ <br /> <br />PRINCIPAL <br />REMAINING <br /> 44 475.55 <br /> 40 027.99 <br /> 35 580.44 <br /> 31 132.88 <br /> 26 685.33 <br /> 22 237.77 <br /> 17 790.22 <br /> 13 342.66 <br /> 8,895.11 <br /> 4,447.55 <br /> 0.00 <br /> <br />o:\proj\803570j\0564\assesssch 2 4~23~99 <br /> <br /> <br />