Page 116 - CityofEulessFY26AdoptedBudgetOrdinance2432

CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION: WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2015B ( Reclaimed Water System)
DATED: June 15, 2015
ORIGINAL AMOUNT: 2, 380, 000

INTEREST RATES: BOND YEARS 2020-2035 @ 0% - 1. 68%

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. 090% 9, 387 9, 387 120, 000 138, 774
2027 1. 200% 8, 733 8, 733 125, 000 142, 466
2028 1. 290% 7, 983 7, 983 125, 000 140, 966
2029 1. 370% 7, 177 7, 177 125, 000 139, 353
2030 1. 440% 6, 320 6, 320 130, 000 142, 641
2031 1. 500% 5, 384 5, 384 130, 000 140, 769
2032 1. 550% 4, 409 4, 409 135, 000 143, 819
2033 1. 600% 3, 363 3, 363 135, 000 141, 726
2034 1. 640% 2, 283 2, 283 135, 000 139, 566
2035 1. 680% 1, 176 1, 176 140, 000 142, 352
TOTAL 56, 215 56, 215 1, 300, 000 1, 412, 429

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 110 of 474