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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 O.'0 interest.
<br />The note was used to construct a new 5,000,000 gallon -per -day water treatment facility, a raw water pipeline from an
<br />existing reservoir, a treated water pipeline from the treatment plant to the existing distribution system, and a treated water
<br />storage tank - all designed to facilitate handling system peak demands. Water tap fees are the source of payment. This
<br />note requires monthly payments to an escrow account. This schedule shows the annual debt service to Colorado
<br />Water Resources and Power Development Authority as paid from the escrow account.
<br />Year
<br />Interest Amount Principal Amount
<br />Total Payment Principal Balance
<br />2003
<br />2004
<br />2005
<br />2006
<br />2007
<br />2008
<br />2009
<br />2010
<br />2011
<br />2012
<br />267,942 380,000
<br />244,023 405,000
<br />218,998 430,000
<br />187,848 460,000
<br />160,553 490,000
<br />121,863 525,000
<br />91,450 555,000
<br />54,290 595,000
<br />15,380 635,000
<br />4,475,000
<br />647,942 4,095,000
<br />649,023 3,690,000
<br />648,998 3,260, 000
<br />647,848 2,800, 000
<br />650,553 2,310,000
<br />646,863 1,785,000
<br />646,450 1,230,000
<br />649,290 635,000
<br />650,380
<br />Total
<br />$1,362,347 $4,475,000
<br />$5,837,347
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