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Debt Service and Financial Obligations
<br />Description of Bonds and Notes
<br />City of Greeley, Colorado Lease Payable
<br />This lease with option to purchase is for three units of Windy Gap water. The lease required a front-end payment of
<br />5788,000 on November 1, 1994 with subsequent payments, subject to annual appropriations, on or before April I. The
<br />lease was capitalized at the present value of 5708,457.
<br />Year
<br />Interest Amount
<br />Principal Amount Total Payment
<br />Principal Balance
<br />2003
<br />2004
<br />2005
<br />2006
<br />2007
<br />2008
<br />2009
<br />2010
<br />2011
<br />2012
<br />2013
<br />2014
<br />2015
<br />2016
<br />2017
<br />Total
<br />34,222.79
<br />32,562.15
<br />30,776.57
<br />28,849.29
<br />26,766.70
<br />24, 502.52
<br />22,094.93
<br />19, 532.70
<br />16,802.86
<br />13,898.83
<br />11,371.88
<br />8,718.91
<br />5,923.44
<br />3.035.94
<br />$279.059.51
<br />27,781.25
<br />29,375.00
<br />31,187.50
<br />33,187.50
<br />35,250.00
<br />37,468.75
<br />39,875.00
<br />42,437.50
<br />45,218.75
<br />48,125.00
<br />50,625.00
<br />53,343.75
<br />57,750.00
<br />60.718.75
<br />$592,343.75
<br />62,004.04
<br />61,937.15
<br />61,964.07
<br />62,036.79
<br />62,016.70
<br />61,971.27
<br />61,969.93
<br />61,970.20
<br />62,021.61
<br />62,023.83
<br />61,996.88
<br />62,062.66
<br />63,673.44
<br />63,754.69
<br />$871,403.26
<br />592,343.75
<br />564, 562.50
<br />535,187.50
<br />504,000.00
<br />470,812.50
<br />435,562.50
<br />398,093.75
<br />358,218.75
<br />315, 781.25
<br />270, 562.50
<br />222,437.50
<br />171,812.50
<br />118,468.75
<br />60,718.75
<br />27
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