Laserfiche WebLink
ANNUAL INSTALLMENT DUE 1/31/2026 <br /> ■ Improvement Area #1-3 Bonds Principal and Interest —The total principal and interest <br /> on the PID Bonds required for this year's Annual Installment is $868,050.00. <br /> ■ Additional Interest—The Delinquency and Prepayment Reserve Requirement, as defined <br /> in the Indenture, of $740,190.00 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$67,290.00. <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$90,018.34. <br /> �Illlmv mi u"mv �Illl my ru oo � <br /> PID Administrator $ 62,424.00 <br /> City Auditor $ 2,500.00 <br /> Filing Fees $ 1,000.00 <br /> County Collection $ 1,000.00 <br /> PID Trustee Fees $ 2,500.00 <br /> Draw Request Review $ 3,800.00 <br /> P3Works Dev/Issuer CDA Review $ 3,500.00 <br /> Past Due P3Works, LLC Invoices $ 1,794.34 <br /> Collection Cost Maintenance Balance $ 10,000.00 <br /> Arbitrage Calculation $ 1,500.00 <br /> Total $ 90,018.34 <br /> Principal $ 287,000.00 <br /> Interest $ 581,050.00 <br /> Additional Interest $ 67,290.00 <br /> Annual Collection Costs $ 90,018.34 <br /> Total Installment $ 1,025,358.34 <br /> See the limited offering memorandum for the pay period. See Exhibit B for the debt service <br /> schedule for the Improvement Area #1-3 Bonds as shown in the limited offering memorandum. <br /> PREPAYMENT OF ASSESSMENTS IN FULL <br /> No full Prepayments of Assessments have occurred within the District. <br /> iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillillillillillilliillillilillillillillillillilillillillillillillillillilliillillilillillilI <br /> WHISPER SOUTH PUBLIC IMPROVEMENT DISTRICT $ <br /> 2025 ANNUAL SERVICE PLAN UPDATE <br />