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Ord 2018-038/approving an update to the service and assessment plan for the Trace Public Improvement District; making a finding of special benefit to the property in the district; levying additional special assessments against property within the district
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Ord 2018-038/approving an update to the service and assessment plan for the Trace Public Improvement District; making a finding of special benefit to the property in the district; levying additional special assessments against property within the district
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11/7/2018 9:56:48 AM
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10/23/2018 3:54:29 PM
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City Clerk - Document
Ordinances
City Clerk - Type
Approving
Number
2018-38
Date
10/16/2018
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The projected Annual Installments for the first five years after the approval of this 2018 SAP <br />are presented in Table V-B. The projected Annual Installments are subject to revision and <br />shall be updated in the Annual Service Plan Update. <br /> <br /> <br />TABLE V-B <br />Projected Annual Installments <br /> <br />Initial Special Assessment Additional Special Assessment <br /> <br />Installment Due Additional Administrative <br /> <br />January 31 Principal Interest Principal Interest Interest Expenses <br />Total <br />2018 100,000 670,500 - - - 60,000 830,500 <br />2019 160,000 664,500 150,000 655,500 - 20,000 1,650,000 <br />2020 170,000 654,900 155,000 646,500 - 40,800 1,667,200 <br />2021 180,000 644,700 165,000 637,200 - 41,616 1,668,516 <br />190,000 633,900 175,000 627,300 - 42,448 1,668,648 <br />2022 <br />2023 205,000 570,625 185,000 616,800 - 43,297 1,620,722 <br /> <br /> <br />17 <br /> <br /> <br />
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