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Res. #10-006 - Special Assessment Abatement
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Res. #10-006 - Special Assessment Abatement
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1/14/2011 10:17:07 AM
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Fund #g <br /> ASSESSMENT SCHEDULE <br /> Constant Annual Payment Method <br /> Project: CSAH 14 Watermain Lot: <br /> Project No.: 616-01-123 Block: <br /> Parcel: R14- 31 -22 -33 -0001 Addition: Watennain <br /> Street Address: 7238 Main Street <br /> Owner PAID <br /> Interest Start Date: November 15, 2002 <br /> Repayment Period: 10 Years <br /> Interest Rate: 8.00% <br /> Assessments: Unit Measure Unit Price Amount <br /> Water Main Improvements LS $4,330.00 $4,330.00 <br /> SCHEDULED PRINCIPAL INTEREST PRINCIPAL <br /> YEAR PAYMENT PAYMENT PAYMENT REMAINING <br /> 2002 54,330.00 <br /> 2003 $689.90 $298.90 5391.00 $4,031.10 <br /> 2004 $845.30 $322.81 $322.49 $3,708.29 <br /> 2005 5645.30 5348.64 5296.88 $3,359.65 <br /> 2006 $645.30 $376.53 $268.77 $2,983.12 <br /> 2007 5645.30 $406.65 $238.65 $2,576.47 <br /> 2008 $845.30 $439.18 $206.12 $2,137.29 <br /> 2009 5645.30 $474.32 $170.98 51,662.97 <br /> 2010 5845.30 5512.26 5133.04 51,150.71 <br /> 2011 $645.30 $553.24 $92.06 $597.47 <br /> 2012 $645.30 5597.50 $47.80 ($0.03) <br /> 56,497.60 Total Scheduled Payment <br /> End Construction: 11/15/2002 <br /> Assessment Start Date: 1/1/2003 <br /> Pre- assessment Interest Due $44.60 <br />
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