Page 246 - 2018 Village Ordinance Book 122818
P. 246
Expenditures Balances
Bond G.O. Bond G.O. Bond G.O. Bond Principal
5,125,000 Cumulative Outstanding Year
000 3,275,000 3,275,000 Grand Land
04/01/28
04/01/23 DD: 04/01/25 DD: 04/01/27 DD: Prof. Ashley Appliances Acquisitio Total
Interest1 Services
Interest1 Prin. Interest1 Prin. Interest1 Prin. incentive2 Incentive3 n Expenditures Annual
74,053 400,000 84,619 25,419 70,000 386,651 412,070 (412,070) (15,640) 2,624,999 2016
143,168 375,000 159,738 15,000 70,000 43,007 1,269,481 (427,710) 5,830,308 2017
130,543 275,000 141,238 15,000 70,000 58,500 298,510 841,771 5,550,234 2018
116,480 275,000 125,569 15,000 70,000 58,500 621,754 (28,835) 812,936 8,547,287 2019
101,828 300,000 112,094 15,000 70,000 58,500 678,796 (51,862) 761,075 7,931,437 2020
88,004 200,000 97,713 15,000 70,000 58,500 1,060,723 768,179 10,422,583 2021
76,561 275,000 84,938 15,000 70,000 58,500 1,283,759 7,104 776,402 9,415,656 2022
63,840 275,000 72,381 15,000 70,000 58,500 1,544,440 8,223 780,471 11,465,474 2023
53,020 225,000 57,600 15,000 70,000 58,500 1,808,010 4,070 786,520 9,996,961 2024
44,903 225,000 43,988 15,000 70,000 40,500 2,068,368 6,048 791,657 11,605,000 2025
36,615 225,000 31,556 15,000 2,261,210 5,138 799,097 10,295,000 2026
28,200 225,000 19,013 175,000 95,774 130,000 317,940 15,000 2,256,681 7,440 804,122 9,050,000 2027
19,658 305,000 186,866 190,000 314,235 15,000 2,262,596 5,025 813,676 7,725,000 2028
11,030 6,356 325,000 173,874 550,000 305,020 15,000 2,263,949 9,554 817,315 6,680,000 2029
325,000 156,544 560,000 283,148 15,000 2,265,750 3,639 819,602 5,560,000 2030
3,348 325,000 138,263 630,000 249,705 15,000 2,263,903 2,287 820,087 4,415,000 2031
350,000 119,494 750,000 213,253 15,000 2,265,175 822,420 3,320,000 2032
350,000 99,663 770,000 170,443 15,000 2,234,813 485 823,481 2,225,000 2033
350,000 78,838 770,000 122,750 15,000 2,150,096 2,333 854,904 1,095,000 2034
385,000 57,750 775,000 74,048 15,000 2,077,755 1,060 971,043 2035
385,000 35,420 24,800 15,000 1,939,159 31,423 1,159,523 0 2036
11,839 116,139 1,486,600 2037
188,480
327,077
991,248 3,275,000 1,036,800 3,275,000 1,154,323 5,125,000 2,075,340 325,419 700,000 450,000 386,651 34,060,523 1,486,600 Total
Projected Payoff of Loan
