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City of Louisville <br />Note Payable <br />Colorado Water Conservation Board <br />The loan was issued in 1992 for a total amount of $48,285.00 at 5% interest. <br />The loan was used for the preparation of a Raw Water Master Plan. Water tap fees are <br />the source of payment. <br />Year <br />Interest Principal Total Principal <br />Amount Amount Payment Balance <br />1996 $31,738.59 <br />1997 1,586.71 4,666.21 6,252.92 27, 072.38 <br />1998 1,353.43 4,899.49 6,252.92 22,172.89 <br />1999 1,108.49 5,144.43 6,252.92 17,028.46 <br />2000 851.31 5,401.61 6,252.92 11,626.85 <br />2001 581.27 5,671.65 6,252.92 5,955.20 <br />2002 297.72 5,955.20 6,252.92 0.00 <br />TOTAL $5,778.93 $31,738.59 $37,517.52 $0.00 <br />32 <br />