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Debt Service and Financial Obligations <br />Description of Bonds and Notes <br />1992 Colorado Water Resources and Power Development Authority Note Payable <br />This note was issued in 1992, backed by bonds that were issued at a face amount of $7,500,000 at 3.8% to 6.7% <br />interest. The note was used to constr uct a new 5,000,000 gallon-per-day water tr eatment facility, a raw water pipeline <br />from an existing reservoir, a treated water pipeline from t he treatment plant to the exis ting distribution system, and a <br />treated water storage tank - all designed to facilitate handli ng system peak demands. Water tap fees are the source <br />of payment. This note requires mont hly payments to an escrow account. This schedule shows the annual debt <br />service to Colorado Water Resources and Power Development Authority as paid from the escrow account. <br />Year Interest AmountPrincipal AmountTotal PaymentPrincipal Balance <br />2011 635,000 <br />2012 15,380 635,000 650,380 - <br />Total $15380 $635000 $650380 Total $15 ,380 $635 ,000 $650 ,380 <br />10