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Intrafund Loan updated 3/5/04 <br /> Parks SDC Fund (336) to Transportation SDC Fund (333) <br /> Expected Repayment Schedule <br /> Transportation SDC (333) FY04 FY05 FY06 FY07 FY08 FY09 Total <br /> 333-9901-49304 Intrafund Loan P (1,500,000) 300,000 300,000 300,000 300,000 300,000 - <br /> 333-9901-49305 Intrafund Loan I 37,500 45,000 48,000 36,000 24,000 12,000 202,500 <br /> 333-0000-11210 Cash in Bank (1,462,500) 345,000 348,000 336,000. 324,000 312,000 <br /> i <br /> '~i <br /> Parks SDC (3361 FY04 FY05 FY06 FY07 FY08 FY09 Total <br /> i <br /> 336-9901-49304 Intrafund Loan P 1,500,000 (300,000) (300,000) (300,000) (300,000) (300,000) - <br /> 336-9901-49305 Intrafund Loan I (37,500) (45,000) (48,000) (36,000) (24,000) (12,000) (202,500) <br /> j 336-0000-11210 Cash in Bank 1,462,500 (345,000) (348,000) (336,000) (324,000) (312,000) <br /> i <br /> <br /> I <br /> Assumptions: Five Year Loan Dated April 1, 2004 <br /> Repayments made each June 30 thereafter. <br /> Debt Service is $300,000 per year plus interest at the average rate earned by the investment portfolio. <br /> Initial interest rate is estimated to be 2.5% in FY04, but will be adjusted to actual when determined. <br /> The ortfolio int r ° ° <br /> p e est rate is estimated t~ we 3 in FY05 and 4 per annum thereafter. <br /> Principal and interest repayment is to be made from future revenues received in the Transportation SDC Fund . <br /> _ _ _ <br /> <br />