Page 117 - CityofEulessFY26AdoptedBudgetOrdinance2432

CITY OF EULESS
DEBT SERVICE REQUIREMENTS
DESCRIPTION: WATERWORKS AND SEWER SYSTEM REVENUE BONDS,
SERIES 2018
DATED: 4/ 12/ 2018
ORIGINAL AMOUNT: 2, 785, 000

INTEREST RATES: BOND YEARS 2018- 2038 @ 0% - 1. 49%

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 0. 810% 11, 622 11, 622 135, 000 158, 245
2027 0. 940% 11, 076 11, 076 135, 000 157, 151
2028 1. 020% 10, 441 10, 441 135, 000 155, 882
2029 1. 110% 9, 753 9, 753 140, 000 159, 505
2030 1. 170% 8, 976 8, 976 140, 000 157, 951
2031 1. 220% 8, 157 8, 157 140, 000 156, 313
2032 1. 270% 7, 303 7, 303 145, 000 159, 605
2033 1. 320% 6, 382 6, 382 145, 000 157, 764
2034 1. 370% 5, 425 5, 425 145, 000 155, 850
2035 1. 410% 4, 432 4, 432 150, 000 158, 863
2036 1. 440% 3, 374 3, 374 150, 000 156, 748
2037 1. 470% 2, 294 2, 294 155, 000 159, 588
2038 1. 490% 1, 155 1, 155 155, 000 157, 310
TOTAL 90, 387 90, 387 1, 870, 000 2, 050, 773

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 111 of 474