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have not yet been redeemed. <br /> [A:N�N:U�ALISTALLMENT DUE 1/31/2024 <br /> ■ Initial PID Bonds Principal and Interest3 — The total principal and interest on the PID <br /> Bonds required for this year's Annual Installment is $845,975.00. <br /> ® Reimbursement Obligation Principal and Interest —The total principal and interest on <br /> the Reimbursement Obligation required for this year's Annual Installment is$515,274.69. <br /> ■ Additional Interest—The Delinquency and Prepayment Reserve Requirement, as defined <br /> in the Indenture, of $610,500.00 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$55,500.00. <br /> ■ Annual Collection Costs —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 Annual Collection Costs due <br /> is $39,350.00. <br /> Annual Collection Costs <br /> P3Works Administration $ 30,600.00 <br /> City Auditor 2,500.00 <br /> Filing Fees 1,000.00 <br /> County Collection 250.00 <br /> Miscellaneous 1,000.00 <br /> PID Trustee Fees 3,500.00 <br /> Dissemination Agent 500.00 <br /> Total $ 39,350.00 <br /> 3The Annual Installment covers the period September 1,2023 to August 31,2024 and is due by January 31,2024. <br /> TRACE PUBLIC IMPROVEMENT DISTRICT <br /> 2023 ANNUAL SERVICE PLAN UPDATE <br />