Page 115 - CityofEulessFY26AdoptedBudgetOrdinance2432

CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION: WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2015A ( Meters)
DATED: June 15, 2015
ORIGINAL AMOUNT: 4, 685, 000

INTEREST RATES: BOND YEARS 2019- 2035 @ 0% - 1. 98%

PAYING AGENT: U. S. BANK TRUST COMPANY, NATIONAL ASSOCIATION
OPTION DATE: N/ A
INTEREST PRINCIPAL TOTAL
YEAR COUPON JANUARY 15 JULY 15 JULY 15 REQUIREMENTS
2026 1. 390% 21, 589 21, 589 230, 000 273, 178
2027 1. 500% 19, 991 19, 991 235, 000 274, 981
2028 1. 590% 18, 228 18, 228 235, 000 271, 456
2029 1. 670% 16, 360 16, 360 240, 000 272, 720
2030 1. 740% 14, 356 14, 356 245, 000 273, 712
2031 1. 800% 12, 224 12, 224 250, 000 274, 449
2032 1. 850% 9, 974 9, 974 255, 000 274, 949
2033 1. 900% 7, 616 7, 616 260, 000 275, 231
2034 1. 940% 5, 146 5, 146 260, 000 270, 291
2035 1. 980% 2, 624 2, 624 265, 000 270, 247
TOTAL 128, 106 128, 106 2, 475, 000 2, 731, 212

Proceeds from the sale of the Bonds will be used for ( i) the construction, acquisition, purchase,
renovation, enlargement, equipment and improvement of waterworks and sewer system
properties and facilities, including the acquisition of land and rights -of -way therefor, and ( ii)
paying the costs associated with the issuance of the Bonds.

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Ordinance No. 2432, Page 109 of 474