| BOND ANALYSIS | |||||||
| Outstanding | |||||||
| Year | Principal | Interest | Principal + Interest | Balance | |||
| 1997 | $ 3,320,105.00 | $ 3,320,105.00 | $ 68,425,000 | ||||
| 1998 | $ 2,490,078.75 | $ 2,490,078.75 | $ 68,425,000 | ||||
| 1999 | $ 790,000 | 4,980,157.50 | 5,770,157.50 | $ 67,635,000 | |||
| 2000 | 840,000 | 4,931,177.50 | 5,771,177.50 | $ 66,795,000 | |||
| 2001 | 890,000 | 4,879,097.50 | 5,769,097.50 | $ 65,905,000 | |||
| 2002 | 950,000 | 4,822,137.50 | 5,772,137.50 | $ 64,955,000 | |||
| 2003 | 1,010,000 | 4,760,387.50 | 5,770,387.50 | $ 63,945,000 | |||
| 2004 | 1,075,000 | 4,693,727.50 | 5,768,727.50 | $ 62,870,000 | |||
| 2005 | 1,150,000 | 4,621,702.50 | 5,771,702.50 | $ 61,720,000 | |||
| 2006 | 1,230,000 | 4,543,502.50 | 5,773,502.50 | $ 60,490,000 | |||
| 2007 | 1,310,000 | 4,459,247.50 | 5,769,247.50 | $ 59,180,000 | |||
| 2008 | 1,405,000 | 4,368,202.50 | 5,773,202.50 | $ 57,775,000 | |||
| 2009 | 1,500,000 | 4,269,852.50 | 5,769,852.50 | $ 56,275,000 | |||
| 2010 | 1,605,000 | 4,164,852.50 | 5,769,852.50 | $ 54,670,000 | |||
| 2011 | 1,720,000 | 4,052,502.50 | 5,772,502.50 | $ 52,950,000 | |||
| 2012 | 1,840,000 | 3,932,102.50 | 5,772,102.50 | $ 51,110,000 | |||
| 2013 | 1,965,000 | 3,803,302.50 | 5,768,302.50 | $ 49,145,000 | |||
| 2014 | 2,115,000 | 3,657,892.50 | 5,772,892.50 | $ 47,030,000 | |||
| 2015 | 2,270,000 | 3,501,382.50 | 5,771,382.50 | $ 44,760,000 | |||
| 2016 | 2,435,000 | 3,333,402.50 | 5,768,402.50 | $ 42,325,000 | |||
| 2017 | 2,620,000 | 3,153,212.50 | 5,773,212.50 | $ 39,705,000 | |||
| 2018 | 2,815,000 | 2,958,022.50 | 5,773,022.50 | $ 36,890,000 | |||
| 2019 | 3,020,000 | 2,748,305.00 | 5,768,305.00 | $ 33,870,000 | |||
| 2020 | 3,250,000 | 2,523,315.00 | 5,773,315.00 | $ 30,620,000 | |||
| 2021 | 3,490,000 | 2,281,190.00 | 5,771,190.00 | $ 27,130,000 | |||
| 2022 | 3,750,000 | 2,021,185.00 | 5,771,185.00 | $ 23,380,000 | |||
| 2023 | 4,030,000 | 1,741,810.00 | 5,771,810.00 | $ 19,350,000 | |||
| 2024 | 4,330,000 | 1,441,575.00 | 5,771,575.00 | $ 15,020,000 | |||
| 2025 | 4,650,000 | 1,118,990.00 | 5,768,990.00 | $ 10,370,000 | |||
| 2026 | 5,000,000 | 772,565.00 | 5,772,565.00 | $ 5,370,000 | |||
| 2027 | 5,370,000 | 400,065.00 | 5,770,065.00 | $ - | |||
| $ 68,425,000 | $ 104,745,048.75 | $ 173,170,048.75 | |||||
| PROPOSED SLIDING SCALE | |||||||
| PERIOD | CHARGERS | CITY | |||||
| 2/15/09 | 2/14/10 | 56,275,000 | 0 | ||||
| 2/15/10 | 2/14/11 | 54,670,000 | 0 | ||||
| 2/15/11 | 2/14/12 | 22,330,000 | 30,620,000 | ||||
| 2/15/12 | 2/14/13 | 20,490,000 | 30,620,000 | ||||
| 2/15/13 | 2/14/14 | 18,525,000 | 30,620,000 | ||||
| 2/15/14 | 2/14/15 | 16,410,000 | 30,620,000 | ||||
| 2/15/15 | 2/14/16 | 14,140,000 | 30,620,000 | ||||
| 2/15/16 | 2/14/17 | 11,705,000 | 30,620,000 | ||||
| 2/15/17 | 2/14/18 | 9,085,000 | 30,620,000 | ||||
| 2/15/18 | 2/14/19 | 6,270,000 | 30,620,000 | ||||
| 2/15/19 | 2/14/20 | 3,250,000 | 30,620,000 | ||||
| lock in thru 2008 | |||||||
| 2009 and 2010 payoff bonds in full | |||||||
| beginning with 2/15/11 sliding scale rent begins | |||||||