Laserfiche WebLink
■ Reimbursement Obligation Principal and Interest —The total principal and interest on <br /> the Reimbursement Obligation required for this year's Annual Installment is$515,000.83. <br /> ■ Additional Interest—The Delinquency and Prepayment Reserve Requirement, as defined <br /> in the Indenture, of $622,050.00 has not been met. As such, the Delinquency and <br /> Prepayment Reserve will be funded with Additional Interest on the outstanding <br /> Assessment, resulting in an Additional Interest amount due of$56,550.00. <br /> ■ Administrative Expenses —The cost of administering the PID and collecting the Annual <br /> Installments shall be paid for on a pro rata basis by each Parcel based on the amount of <br /> outstanding Assessment remaining on the Parcel. The total Administrative Expenses due <br /> is$44,166.00. <br /> PID Bonds <br /> Principal $ 210,000.00 <br /> Interest $ 635,425.00 <br /> $ 845,425.00 <br /> Reimbursement Obligation <br /> Principal $ 127,800.83 <br /> Interest $ 387,200.00 <br /> $ 515,000.83 <br /> Additional Interest $ 56,550.00 <br /> Administrative Expenses $ 44,166.00 <br /> Total Annual Installment $ 1,461,141.83 <br /> See Exhibit D for the debt service schedule for the Initial PID Bonds as shown in the official <br /> statement, and Exhibit E for the Annual Installment schedule for the Reimbursement Obligation. <br /> PREPAYMENT OF ASSESSMENTS IN FULL <br /> The following is a list of all Parcels or Lots that made a Prepayment in full. <br /> R155709 1 1/10/2020 <br /> R162997 3 1/15/2021 <br /> R162990 3 10/6/2021 <br /> R168866 3 4/22/2022 <br /> R178396 3 7/30/2022 <br /> Please see Exhibit F for a form of Notice of PID Assessment Termination. <br /> TRACE PID 2022 ANNUAL SERVICE PLAN UPDATE 6 <br />