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DRAFT Loan Agreement between City and SLUSD [v2, 011513]
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<br />1293335-1
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<br />9
<br />EXHIBIT B
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<br />AMORTIZATION OF PAYMENTS SCHEDULE
<br />Payment
<br /> Date Principal Interest Total
<br />3/1/2014 $67,000 $18,750 $85,750
<br />3/1/2015 69,000
<br />
<br />17,745
<br />
<br />86,745
<br />3/1/2016 71,000
<br />
<br />16,710
<br />
<br />87,710
<br />3/1/2017 73,000
<br />
<br />31,290
<br />
<br />104,290
<br />3/1/2018 76,000
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<br />29,100
<br />
<br />105,100
<br />3/1/2019 78,000
<br />
<br />26,820
<br />
<br />104,820
<br />3/1/2020 80,000
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<br />24,480
<br />
<br />104,480
<br />3/1/2021 83,000
<br />
<br />22,080
<br />
<br />105,080
<br />3/1/2022 86,000
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<br />19,590
<br />
<br />105,590
<br />3/1/2023 88,000
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<br />17,010
<br />
<br />105,010
<br />3/1/2024 90,000
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<br />23,950
<br />
<br />113,950
<br />3/1/2025 93,000
<br />
<br />19,450
<br />
<br />112,450
<br />3/1/2026 96,000
<br />
<br />14,800
<br />
<br />110,800
<br />3/1/2027 99,000
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<br />10,000
<br />
<br />109,000
<br />3/1/2028 101,000
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<br />5,050
<br />
<br />106,050
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<br />
<br />$1,250,000 $296,825 $1,546,825
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<br />2018631.2
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