|
Date
<br />08 -15 -11
<br />02 -15 -12
<br />08 -15 -12
<br />02 -15 -13
<br />08 -15 -13
<br />02 -15 -14
<br />08 -15 -14
<br />02 -15 -15
<br />08 -15 -15
<br />02 -15 -16
<br />08 -15 -16
<br />02 -15 -17
<br />08 -15 -17
<br />02 -15 -18
<br />08 -15 -18
<br />02 -15 -19
<br />08 -15 -19
<br />02 -15 -20
<br />08 -15 -20
<br />02 -15 -21
<br />08 -15 -21
<br />02 -15 -22
<br />08 -15 -22
<br />02 -15 -23
<br />08 -15 -23
<br />City of San Marcos, Texas
<br />(Hays, Caldwell and Guadalupe Counties)
<br />DEBT SERVICE PAYMENTS AND YIELD ON THE BONDS
<br />$17,210,000 issue dated November 1, 2010
<br />1,455,000 2.500%
<br />1,485,000 2.500%
<br />1,505,000 3.000%
<br />1,530,000 3.000%
<br />1,570,000 3.000%
<br />1,610,000 3.000%
<br />1,635,000 3.000%
<br />1,775,000 4.000%
<br />1,220,000 4.000%
<br />1,280,000 4.000%
<br />1,190,000 4.000%
<br />$17,210,000
<br />Interest
<br />$431,285.56
<br />269,900.00
<br />269,900.00
<br />263,800.00
<br />263,800.00
<br />245,612.50
<br />245,612.50
<br />227,050.00
<br />227,050.00
<br />204,475.00
<br />204,475.00
<br />181,525.00
<br />181,525.00
<br />157,975.00
<br />157,975.00
<br />133,825.00
<br />133,825.00
<br />109,300.00
<br />109,300.00
<br />73,800.00
<br />73,800.00
<br />49,400.00
<br />49,400.00
<br />23,800.00
<br />23.800.00
<br />$4,312,210.56
<br />The present value of the future payments is equal to:
<br />Principal amount of the Bonds
<br />Accrued interest
<br />Original issue premium
<br />Total debt
<br />service
<br />$776,285.56
<br />269,900.00
<br />879,900.00
<br />263,800.00
<br />1,718,800.00
<br />245,612.50
<br />1,730,612.50
<br />227,050.00
<br />1,732,050.00
<br />204,475.00
<br />1,734,475.00
<br />181,525.00
<br />1,751,525.00
<br />157,975.00
<br />1,767,975.00
<br />133,825.00
<br />1,768,825.00
<br />109,300.00
<br />1,884,300.00
<br />73,800.00
<br />1,293,800.00
<br />49,400.00
<br />1,329,400.00
<br />23,800.00
<br />1,213,800.00
<br />$21,522,210.56
<br />(1)
<br />Adjusted
<br />debt service
<br />$776,285.56
<br />269,900.00
<br />879,900.00
<br />263,800.00
<br />1,718,800.00
<br />245,612.50
<br />1,730,612.50
<br />227,050.00
<br />1,732,050.00
<br />204,475.00
<br />1,734,475.00
<br />181,525.00
<br />1,751,525.00
<br />157,975.00
<br />1,767,975.00
<br />133,825.00
<br />1,768,825.00
<br />109,300.00
<br />5,574,300.00
<br />$21,228,210.56
<br />Exhibit C
<br />Present value on
<br />December 2, 2010
<br />using a yield of
<br />2.529643%
<br />$762,691.91
<br />261,861.66
<br />843,031.40
<br />249,589.68
<br />1,605,900.29
<br />226,613.14
<br />1,576,797.30
<br />204,286.16
<br />1,538,931.38
<br />179,407.44
<br />1,502,829.37
<br />155,317.17
<br />1,479,928.62
<br />131,811.77
<br />1,456,744.36
<br />108,889.47
<br />1,421,264.45
<br />86,726.45
<br />4,367,804.22
<br />$18,160,426.24
<br />$17,210,000.00
<br />47,076.94
<br />903,349.30
<br />$18,160,426.24
<br />The sum of the present values of the adjusted debt service payments of the Bonds on December 2, 2010, using a
<br />yield of 2.529643 %, is equal to the issue price of the Bonds.
<br />(1) Assumes that the August 15, 2021 through August 15, 2023 maturities are called on August 15, 2020 at 100
<br />percent of par plus accrued interest.
<br />Interest
<br />Principal
<br />rate
<br />$345,000
<br />2.000%
<br />610,000
<br />2.000%
<br />1,455,000 2.500%
<br />1,485,000 2.500%
<br />1,505,000 3.000%
<br />1,530,000 3.000%
<br />1,570,000 3.000%
<br />1,610,000 3.000%
<br />1,635,000 3.000%
<br />1,775,000 4.000%
<br />1,220,000 4.000%
<br />1,280,000 4.000%
<br />1,190,000 4.000%
<br />$17,210,000
<br />Interest
<br />$431,285.56
<br />269,900.00
<br />269,900.00
<br />263,800.00
<br />263,800.00
<br />245,612.50
<br />245,612.50
<br />227,050.00
<br />227,050.00
<br />204,475.00
<br />204,475.00
<br />181,525.00
<br />181,525.00
<br />157,975.00
<br />157,975.00
<br />133,825.00
<br />133,825.00
<br />109,300.00
<br />109,300.00
<br />73,800.00
<br />73,800.00
<br />49,400.00
<br />49,400.00
<br />23,800.00
<br />23.800.00
<br />$4,312,210.56
<br />The present value of the future payments is equal to:
<br />Principal amount of the Bonds
<br />Accrued interest
<br />Original issue premium
<br />Total debt
<br />service
<br />$776,285.56
<br />269,900.00
<br />879,900.00
<br />263,800.00
<br />1,718,800.00
<br />245,612.50
<br />1,730,612.50
<br />227,050.00
<br />1,732,050.00
<br />204,475.00
<br />1,734,475.00
<br />181,525.00
<br />1,751,525.00
<br />157,975.00
<br />1,767,975.00
<br />133,825.00
<br />1,768,825.00
<br />109,300.00
<br />1,884,300.00
<br />73,800.00
<br />1,293,800.00
<br />49,400.00
<br />1,329,400.00
<br />23,800.00
<br />1,213,800.00
<br />$21,522,210.56
<br />(1)
<br />Adjusted
<br />debt service
<br />$776,285.56
<br />269,900.00
<br />879,900.00
<br />263,800.00
<br />1,718,800.00
<br />245,612.50
<br />1,730,612.50
<br />227,050.00
<br />1,732,050.00
<br />204,475.00
<br />1,734,475.00
<br />181,525.00
<br />1,751,525.00
<br />157,975.00
<br />1,767,975.00
<br />133,825.00
<br />1,768,825.00
<br />109,300.00
<br />5,574,300.00
<br />$21,228,210.56
<br />Exhibit C
<br />Present value on
<br />December 2, 2010
<br />using a yield of
<br />2.529643%
<br />$762,691.91
<br />261,861.66
<br />843,031.40
<br />249,589.68
<br />1,605,900.29
<br />226,613.14
<br />1,576,797.30
<br />204,286.16
<br />1,538,931.38
<br />179,407.44
<br />1,502,829.37
<br />155,317.17
<br />1,479,928.62
<br />131,811.77
<br />1,456,744.36
<br />108,889.47
<br />1,421,264.45
<br />86,726.45
<br />4,367,804.22
<br />$18,160,426.24
<br />$17,210,000.00
<br />47,076.94
<br />903,349.30
<br />$18,160,426.24
<br />The sum of the present values of the adjusted debt service payments of the Bonds on December 2, 2010, using a
<br />yield of 2.529643 %, is equal to the issue price of the Bonds.
<br />(1) Assumes that the August 15, 2021 through August 15, 2023 maturities are called on August 15, 2020 at 100
<br />percent of par plus accrued interest.
<br />
|