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<br />. <br /> <br /> Exhibit C <br /> Debt Service Schedule <br />$16,040,000 City of San Marcos, Texas <br />Tax - Exempt Certificates of Obligation, Series 2006 <br />As of May 12,2006 - 25 Year Maturity <br />*assumes capitalized interest only through construction plus 1 year on 75%* <br />Net Debt Service Schedule Part 1 of 2 <br />Date Principal Coupon Interest Total P+I CIF Net New D/S Fiscal Total <br />09/05/2006 <br />08/01/2007 770,811 II 770,811 II (770,811 II) <br />02/01/2008 401,000.00 40 I ,000,00 (401,000.00) <br />08/01/2008 401,000,00 401,000,00 (320,583,33) 80,416.67 <br />09/30/2008 80,416,67 <br />02/0] /2009 40],000,00 401,000,00 (304,500.00) 96,500,00 <br />08/01/2009 401,000,00 401,000,00 (50,750.00) 350,250,00 <br />09/30/2009 446,750,00 <br />02/0]/2010 40],000,00 40],000,00 40],000,00 <br />08/01/2010 401,000,00 40],000.00 40],000,00 <br />09/30/2010 802,000,00 <br />02/01/2011 401,000,00 40],000,00 401,000,00 <br />08/01/2011 485,000.00 5,000% 401,000,00 886,000.00 886,000,00 <br />09/30/2011 1,287,00000 <br />02/01/2012 388,87500 388,875.00 388,875,00 <br />08/01/2012 510,000,00 5,000% 388,87500 898,875,00 898,875,00 <br />09/30/20] 2 1,287,750,00 <br />02/01/2013 376,125.00 376,125,00 376,125,00 <br />08/01/2013 535,000,00 5,000% 376,125,00 911,125,00 911,125,00 <br />09/30/2013 1,287,250,00 <br />02/01/2014 362,750,00 362,750 00 362,750,00 <br />08/01/2014 560,000,00 5,000% 362,750,00 922,750,00 922,750,00 <br />09/30/20]4 1,285,500,00 <br />02/01/2015 348,750.00 348,750.00 348,750.00 <br />08/01/2015 590,000,00 5,000% 348,750,00 938,750,00 938,750.00 <br />09/30/2015 ],287,500,00 <br />02/01/2016 334,000,00 334,000,00 334,000,00 <br />08/01/2016 620,000,00 5,000% 334,000.00 954,000,00 954,000,00 <br />09/30/2016 ],288,000,00 <br />02/01/2017 318,500.00 318,50000 318,500,00 <br />08/01/2017 650,000,00 5,000% 318,500.00 968,50000 968,500,00 <br />09/30/20] 7 1,287,00000 <br />02/01/2018 302,250,00 302,250,00 302,250,00 <br />08/01/2018 685,000,00 5,000% 302,250,00 987,250.00 987,250,00 <br />09/30/20]8 ],289,500,00 <br />02/01/2019 285,125,00 285,125,00 285,125,00 <br />08/01/20] 9 720,000,00 5,000% 285,125,00 1,005,125,00 1,005,]25,00 <br />09/30/20] 9 1,290,250.00 <br />02/01/2020 267,125,00 267,125,00 267,125,00 <br />08/01/2020 750,000.00 5,000% 267,12500 1,017,125,00 1,017,125,00 <br />09/30/2020 ],284,250,00 <br />02/01/202] 248,375,00 248,375,00 248,375,00 <br />08/0]/202] 790,000,00 5,000% 248,375.00 1,038,375,00 ],038,375,00 <br />09/30/202 ] 1,286,750,00 <br /> <br />34 <br />