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SUMMARY OF SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION
PRINCIPAL AND INTEREST REQUIREMENTS
2025 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2016 Sales Tax Revenue Bonds 1,205,000 530,825 1,735,825 February 2036
2017 Sales Tax Revenue Bonds 490,000 211,206 701,206 February 2036
Net CEDC Debt Service Requirements 1,695,000 742,031 2,437,031
Debt Service
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2016 Sales Tax Revenue Bonds $17,475,000 $3,368,825 $20,843,825 February 2036
2017 Sales Tax Revenue Bonds 7,065,000 1,372,559 8,437,559 February 2036
Net CEDC Debt Service Requirements 24,540,000 4,741,384 29,281,384
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
274 FY 2025 City of Southlake | Budget Book
