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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 />In December 2002, the City purchased six units of Windy Gap water from the Superior Metropolitan District =1. :\s part of
<br />the agreement, the City has taken responsibility for all of the District's continuing 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 District.
<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 />68,445.58
<br />65,124.30
<br />61,553.14
<br />57,698.58
<br />53,533.39
<br />49,005.05
<br />44,189.86
<br />39,065.41
<br />33,605.72
<br />27,787.66
<br />22,743.75
<br />17,437.81
<br />11,846.88
<br />6,071.88
<br />$558,108.98
<br />55,562.50
<br />58,750.00
<br />62,375.00
<br />66,375.00
<br />70,500.00
<br />74,937.50
<br />79,750.00
<br />84,875.00
<br />90,437.50
<br />96,250.00
<br />101,250.00
<br />106,687.50
<br />115,500.00
<br />121,437.50
<br />$1,184,687.50
<br />124,008.08
<br />123,874.30
<br />123,928.14
<br />124,073.58
<br />124,033.39
<br />123,942.55
<br />123,939.86
<br />123,940.41
<br />124,043.22
<br />124,037.66
<br />123,993.75
<br />124,125.31
<br />127,346.88
<br />127,509.38
<br />$1,742,796.48
<br />1,184,687.50
<br />1,129,125.00
<br />1,070,375.00
<br />1,008,000.00
<br />941,625.00
<br />871,125.00
<br />796,187.50
<br />716,437.50
<br />631,562.50
<br />541,125.00
<br />444,875.00
<br />343,625.00
<br />236,937.50
<br />121,437.50
<br />28
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