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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 $13,800,000 at 2.0 °o to 4.125°:6 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 refinuice 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 />2009
<br />2010
<br />2011
<br />2012
<br />2013
<br />2014
<br />2015
<br />2016
<br />2017
<br />2018
<br />2019
<br />2020
<br />2021
<br />2022
<br />2023
<br />2024
<br />Tota l
<br />Interest Amount Principal Amount
<br />374,194
<br />360,069
<br />344,119
<br />327,013
<br />308,563
<br />288,875
<br />267,750
<br />245,138
<br />220,813
<br />194,713
<br />166,775
<br />137,325
<br />105,325
<br />71,925
<br />37,125
<br />$3,449,719
<br />565,000
<br />580,000
<br />595,000
<br />615,000
<br />630,000
<br />650,000
<br />670,000
<br />695,000
<br />720,000
<br />745,000
<br />775,000
<br />800,000
<br />835,000
<br />870,000
<br />900,000
<br />$10,645,000
<br />12
<br />Total Payment
<br />939,194
<br />940,069
<br />939,119
<br />942,013
<br />938,563
<br />938,875
<br />937,750
<br />940,138
<br />940,813
<br />939,713
<br />941,775
<br />937,325
<br />940,325
<br />941,925
<br />937,125
<br />$14,094,719
<br />Principal Balance
<br />10,645,000
<br />10,080,000
<br />9,500,000
<br />8,905,000
<br />8,290,000
<br />7,660,000
<br />7,010,000
<br />6,340,000
<br />5,645,000
<br />4,925,000
<br />4,180,000
<br />3,405,000
<br />2,605,000
<br />1,770,000
<br />900,000
<br />
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