Page 107 - CityofEulessFY26AdoptedBudgetOrdinance2432

CITY OF EULESS
DEBT SERVICE REQUIREMENTS

TAX AND WATERWORKS AND SEWER SYSTEM ( LIMITED PLEDGE)
DESCRIPTION:
REVENUE CERTIFICATE OF OBLIGATION, SERIES 2021

DATED: April 8, 2021
IORIGINAL AMOUNT: $ 5, 360, 000

INTEREST RATES: BOND YEARS 2022- 2041 @ 4. 000% - 1. 625%

PAYING AGENT: U. S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE: February 15, 2030
INTEREST PRINCIPAL TOTAL
YEAR COUPON FEBRUARY 15 AUGUST 15 FEBRUARY 15 REQUIREMENTS
2026 1. 750% $ 51, 719 49, 707 $ 230, 000 331, 426
2027 1. 700% $ 49, 707 47, 709 $ 235, 000 332, 416
2028 4. 000% $ 47, 709 42, 909 $ 240, 000 330, 619
2029 4. 000% $ 42, 909 37, 909 $ 250, 000 330, 819
2030 4. 000% $ 37, 909 32, 609 $ 265, 000 335, 519
2031 3. 000% $ 32, 609 28, 559 $ 270, 000 331, 169
2032 1. 625% $ 28, 559 26, 284 $ 280, 000 334, 844
2033 1. 625% $ 26, 284 23, 969 $ 285, 000 335, 253
2034 1. 750% $ 23, 969 21, 431 $ 290, 000 335, 400
2035 1. 750% $ 21, 431 18, 850 $ 295, 000 335, 281
2036 2. 000% $ 18, 850 15, 850 $ 300, 000 334, 700
2037 2. 000% $ 15, 850 12, 800 $ 305, 000 333, 650
2038 2. 000% $ 12, 800 9, 700 $ 310, 000 332, 500
2039 2. 000% $ 9, 700 6, 550 $ 315, 000 331, 250
2040 2. 000% $ 6, 550 3, 300 $ 325, 000 334, 850
2041 2. 000% $ 3, 300 0 $ 330, 000 333, 300
TOTAL $ 429, 858 378, 138 $ 4, 525, 000 5, 332, 996

Proceeds from the sale of the Certificates will be used to ( i) construct public works and, ( ii) to pay professional services rendered in
relation to such projects and the financing thereof.

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Ordinance No. 2432, Page 101 of 474