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<br />6 <br />Scheduled Debt Service <br />The table below shows annualized debt service payments on the 2016 Bonds and the <br />2018 Bonds, assuming no optional redemption or mandatory redemption from insurance or <br />condemnation proceeds. <br />Bond Year Ending <br />November 1 <br /> 2016 Bonds <br />Principal <br /> 2016 Bonds <br />Interest <br /> 2018 Bonds <br />Principal <br /> 2018 Bonds <br />Interest <br /> Total <br />Debt Service <br />2019 $895,000 $556,850 <br />2020 930,000 521,050 <br />2021 970,000 483,850 <br />2022 1,015,000 435,350 <br />2023 1,070,000 384,600 <br />2024 1,120,000 331,100 <br />2025 1,180,000 275,100 <br />2026 1,205,000 245,600 <br />2027 1,265,000 185,350 <br />2028 1,315,000 134,750 <br />2029 1,380,000 69,000 <br />2030 -- -- <br />2031 -- -- <br />2032 -- -- <br />2033 -- -- <br />2034 -- -- <br />2035 -- -- <br />2036 -- -- <br />2037 -- -- <br />2038 -- -- <br />2039 -- -- <br />2040 -- -- <br />2041 -- -- <br />2042 -- -- <br />2043 -- -- <br />2044 -- -- <br />2045 -- -- <br />2046 -- -- <br />2047 -- -- <br />2048 -- -- <br />Total $12,345,000 $3,622,600 <br />