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Debt Service and Financial Obligations
<br />Description of Bonds and Notes
<br />2003 Colorado Water Resources and Power Development Authority Note Payable
<br />This note was issued in 2003, backed by bonds issued at a face amount of S13,800,000 at 2.0% to 4.125° o interest. The
<br />note was issued to finance the purchase of water rights and the completion of various infrastructure water and wastewater
<br />system projects, as well as to refinance an existing loan with the Colorado Water Conservation Board. The source of
<br />payment for this loan comes from all water and wastewater revenues.
<br />Year
<br />Interest Amount Principal Amount
<br />Total Payment Principal Balance
<br />2003 13,800,000
<br />2004 438,681 500,000 938,681 13.300,000
<br />2005 428,681 510,000 938,681 12,790,000
<br />2006 418,481 520,000 938,481 12.270,000
<br />2007 408,081 530,000 938,081 11,740,000
<br />2008 397,481 540,000 937,481 11,200,000
<br />2009 386,681 555,000 941,681 10,645.000
<br />2010 374,194 565,000 939,194 10,080,000
<br />2011 360,069 580,000 940,069 9,500,000
<br />2012 344,119 595,000 939,119 8,905,000
<br />2013 327,013 615,000 942,013 8,290,000
<br />2014 308,563 630,000 938,563 7,660,000
<br />2015 288,875 650,000 938,875 7,010,000
<br />2016 267,750 670,000 937,750 6,340,000
<br />2017 245,138 695,000 940,138 5,645,000
<br />2018 220,813 720,000 940,813 4,925,000
<br />2019 194,713 745,000 939,713 4,180,000
<br />2020 166,775 775,000 941,775 3,405,000
<br />2021 137,325 800,000 937,325 2,605,000
<br />2022 105,325 835,000 940,325 1,770,000
<br />2023 71,925 870,000 941,925 900,000
<br />2024 37,125 900,000 937,125 -
<br />Total $5,927,806 $13,800,000 $19,727,806
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