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Reso 2007-1137
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Reso 2007-1137
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Last modified
6/3/2015 11:21:08 AM
Creation date
4/11/2011 12:04:10 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2007-1137
Description
Atlantic Isle Ad Valorem Assessments Established
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<br />EXHIBIT B <br /> <br />Payment Schedule for Special Assessment for Improvements Serving Atlantic Isle <br />Sanitary Sewer and Associated Road Restoration <br />25 Year Special Assessment <br />62 Benefit Units Principal per Benefit Unit $16,274.19 Interest over 25 years <br />TOTAL SPECIAL ASSESSMENT PER BENEFIT UNIT $22,140.96 <br /> <br />YEAR PRINCIPAL INTEREST ANNUAL PAYMENT <br />1 $ 650.96 $ 650.96 <br />2 $ 650.96 $ 773.02 $ 1,423.98 <br />3 $ 650.96 $ 740.48 $ 1,391.44 <br />4 $ 650.96 $ 707.93 $ 1,358.89 <br />5 $ 650.96 $ 675.38 $ 1,326.34 <br />6 $ 650.96 $ 642.83 $ 1,293.79 <br />7 $ 650.96 $ 610.28 $ 1,261.24 <br />8 $ 650.96 $ 577.74 $ 1,228.70 <br />9 $ 650.96 $ 545.19 $ 1,196.15 <br />10 $ 650.96 $ 512.64 $ 1,163.60 <br />11 $ 650.96 $ 480.09 $ 1,131.05 <br />12 $ 650.96 $ 447.54 $ 1,098.50 <br />13 $ 650.96 $ 415.00 $ 1,065.96 <br />14 $ 650.96 $ 382.45 $ 1,033.41 <br />15 $ 650.96 $ 349.90 $ 1,000.86 <br />16 $ 650.96 $ 317.35 $ 968.31 <br />17 $ 650.96 $ 284.80 $ 935.76 <br />18 $ 650.96 $ 252.26 $ 903.22 <br />19 $ 650.96 $ 219.71 $ 870.67 <br />20 $ 650.96 $ 187.16 $ 838.12 <br />21 $ 650.96 $ 154.61 $ 805.57 <br />22 $ 650.96 $ 122.06 $ 773.02 <br />23 $ 650.96 $ 89.52 $ 740.48 <br />24 $ 650.96 $ 56.97 $ 707.93 <br />25 $ 650.96 $ 24.42 $ 675.38 <br />Totals $ 16,274.00 $ 9,121.76 $ 22,140.96 <br /> TOTAL PRINCIPAL TOTAL INTEREST TOTAL SPECIAL ASSESSMENT <br /> PER BENEFIT UNIT <br /> <br />Page 11 of 14 <br />
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