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8D Consent 2007 0416
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8D Consent 2007 0416
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Last modified
5/4/2007 12:38:04 PM
Creation date
4/12/2007 12:16:32 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
4/16/2007
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_CC Agenda 2007 0416
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2007\Packet 2007 0416
PFA Reso 2007-002
(Reference)
Path:
\City Clerk\City Council\Resolutions\2007
Reso 2007-053
(Reference)
Path:
\City Clerk\City Council\Resolutions\2007
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<br />The following table shows the annual debt service due with respect to the 2001 <br />Certificates of Participation. The City expects that the reimbursement payments from the <br />Redevelopment Agency of the City of San Leandro will be sufficient to fully pay debt service on <br />the 2001 Certificates of Participation. <br /> <br />Year Ending Year Ending <br />December 1 Total December 1 Total <br />2007 $346,927.50 2017 $345,795.00 <br />2008 347,097.50 2018 350,715.00 <br />2009 346,732.50 2019 349,240.00 <br />2000 345,957.50 2020 347,255.00 <br />2011 349,757.50 2021 349,760.00 <br />2012 347,992.50 2022 346,500.00 <br />2013 350,852.50 2023 347,730.00 <br />2014 348,022.50 2024 348,195.00 <br />2015 349,697.50 2025 347,895.00 <br />2016 350,532.50 2026 346,830.00 <br /> <br />2003 Certificates of Participation. The City is obligated to make lease payments with <br />respect to the $12,550,000 original amount of 2003 Certificates of Participation (City Hall <br />Refunding Project). The 2003 Certificates of Participation mature in 2028. <br /> <br />The following table shows the annual debt service due with respect to the 2003 <br />Certificates of Participation. <br /> <br />Year Ending <br />December 1 <br /> <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br />2014 <br />2015 <br />2016 <br />2017 <br /> <br />Total <br />$ 871,225 <br />872,000 <br />871,650 <br />870,550 <br />867,300 <br />867,200 <br />864,500 <br />864,000 <br />862,500 <br />864,875 <br />866,000 <br /> <br />Year Ending <br />December 1 <br />2018 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />2026 <br />2027 <br />2028 <br /> <br />Total <br />861,000 <br />864,750 <br />862,125 <br />863,125 <br />857,750 <br />860,875 <br />857,375 <br />857,250 <br />855,375 <br />856,625 <br />855,875 <br /> <br />-28- <br />
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