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Ord 2025-026 approving the 2025 Annual Service Plan Update for the Trace Public Improvement District; (2)
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Ord 2025-026 approving the 2025 Annual Service Plan Update for the Trace Public Improvement District; (2)
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8/29/2025 11:36:47 AM
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Approving
Number
2025-026
Date
8/19/2025
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d <br /> Series 2019 Bonds <br /> Principal $ 240,000.00 <br /> Interest 604,575.00 <br /> Additional Interest 53,250.00 <br /> $ 897,825.00 <br /> Series 2024 PID Bonds <br /> Principal $ 124,000.00 <br /> Interest 365,351.26 <br /> Additional Interest 31,090.00 <br /> $ 520,441.26 <br /> Annual Collection Costs $ 62,500.12 <br /> Total Annual Installment $ 1,480,766.38 <br /> See Exhibit C-1 for the debt service schedule for the Series 2019 PID Bonds as shown in the limited <br /> offering memorandum, and Exhibit C-2 for the debt service schedule for the Series 2024 PID <br /> Bonds as shown in the limited offering memorandum. <br /> PREPAYMENT OF ASSESSMENTS IN FULL <br /> The following is a list of all Parcels or Lots that made a Prepayment in full. <br /> eem a em e <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 /> R178400 3 9/23/2022 <br /> R178396 3 9/26/2022 <br /> R178383 3 9/30/2022 <br /> R155723 1 6/7/2024 <br /> R178492 3 5/30/2025 <br /> PARTIAL PREPAYMENT OF ASSESSMENTS <br /> There have been no partial Prepayments of Assessments in the District. <br /> EXTRAORDINARY OPTIONAL REDEMPTIONS <br /> There have been no extraordinary optional redemptions in the District. <br /> iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillilillillilI <br /> TRACE PUBLIC IMPROVEMENT DISTRICT $ <br /> 2025 ANNUAL SERVICE PLAN UPDATE <br />
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