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Debt Service and Financial Obligations <br />Description of Bonds and Notes <br />Superior Metropolitan District #1 and the Northern Colorado Water Conservancy District <br />Y ear Interest AmountPrincipal AmountTotal PaymentPrincipal Balance <br />In December 2002, the City purchased six units of Windy Gap wa ter from the Superior Metropolit an District #1. As part of <br />the agreement, the City has taken responsib ility for all of the District's continui ng obligations for the payment of those <br />assessments due and owing on the six units of the Windy Gap water to the Northern Colorado Water Conservancy <br />District. <br />2011 631,563 <br />2012 33,606 90,438 124,043 541,126 <br />2013 27,788 96,250 124,038 444,876 <br />2014 22,744 101,250 123,994 343,626 <br />2015 17,438 106,688 124,125 236,938 <br />2016 11,847 115,500 127,347 121,438 <br />2017 6,072 121,438 127,509 - <br />Total 119,494 631,563 751,056 <br />13