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UNCOLLECTED ASSESSMENTS FORMULA <br />City of Roseville <br />Public Works Department <br />2660 Civic Center Drive <br />Roseville, Minnesota 55113 <br />Lump Sum Payment for unpaid principal and accrued interest prior to <br />completion of bond series. NOTE: This formula assumed principal <br />diminishes in equal amount each year on reduced principal amount. <br />S = final sum owed <br />P = principal debt <br />i = interest rate <br />n = number of yr/bond <br />N = number of yr/elapsed <br />Pin Number <br />Legal: County Road C-2 East of Long Lake R <br />and West of 35W <br />Project P-69-29 <br />Address 2195 County Road C-2__________ <br />2845 35W _ <br />P <br />S= p+ P+ P- (N - 1) n X N i <br />2 <br />Principle <br />Interest rate <br />Years in bond <br />Years elapsed <br />$2,549.15 <br />= 20 <br />20 <br />Interest total = gone until after vacation filed <br />Total Sum Owed = J2.549•15 <br />Calculated By <br />Date ____March 10, 1989 <br />