Laserfiche WebLink
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 />$788,000 on November 1, 1994 with subsequent payments, subject to annual appropriations, on or before April 1. The <br />lease was capitalized at the present value of $708,457. <br />Year <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br />2014 <br />2015 <br />2016 <br />2017 <br />Interest Amount Principal Amount <br />22,095 <br />19,533 <br />16,803 <br />13,899 <br />11,372 <br />8,719 <br />5,923 <br />3,036 <br />39,875 <br />42,438 <br />45,219 <br />48,125 <br />50,625 <br />53,344 <br />57,750 <br />60,719 <br />Total Payment Principal Balance <br />14 <br />61,970 <br />61,970 <br />62,022 <br />62,024 <br />61,997 <br />62,063 <br />63,673 <br />63,755 <br />Total 101,379 398,094 499,473 <br />398,094 <br />358,219 <br />315,781 <br />270,563 <br />222,438 <br />171,813 <br />118,469 <br />60,719 <br />