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Agenda - Council Work Session - 02/26/2008
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Agenda - Council Work Session - 02/26/2008
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Last modified
3/19/2025 9:13:55 AM
Creation date
2/22/2008 2:38:05 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council Work Session
Document Date
02/26/2008
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<br />property beginning <br />1-Jan-09 <br />Buy Back <br />Interest Rate <br />1/1/2009 4.00% $ 73,260 <br />1/1/2010 4.05% $ 80,302 <br />1/1/2011 4.10% $ 86,964 <br />1/1/2012 4.30% $ 97,439 <br />1/1/2013 4.50% $ 108,966 <br />1/1/2014 4.70% $ 121,656 <br />1/1/2015 4.90% $ 135,636 <br />1/1/2016 5.10% $ 151,048 <br />1/1/2017 5.30% $ 168,051 <br />4/1/2018 5.50% $ 186,825 <br />Total Interest $1,210,147 <br /> <br />property beginning <br />1-Jan-11 <br />Buy Back. <br /> <br />Prop Acq <br />Retain Land <br />4/1/2018 <br /> <br />$ 70,140 <br />$ 73,857 <br />$ 80,175 <br />$ 90,028 <br />$ 100,877 <br />$ 112,827 <br />$ 125,999 <br />$ 140,526 <br />$ 156,558 <br />$ 174,267 <br />$ 1,125,254 <br /> <br />$ 70,140 <br />$ 73,857 <br />$ 77,797 <br />$ 84,938 <br />$ 92,710 <br />$ 101,188 <br />$ 110,452 <br />$ 120,594 <br />$ 131,714 <br />$ 143,929 <br />$1,007,320 <br /> <br />Gompoundedinterestand based on treasury 2-20-08 plus two basis points <br />
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