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CITY OF RAMSEY, MINNESOTA ANNUAL BUDGET <br />BUDGET COMMENTS <br />GENERAL OBLIGATION IMPROffl BOND $345 ?(4) <br />October 1, 1978 <br />The following is a combined amortized payment schedule of the above <br />bond issue: <br />Year Paid <br />197C) <br />igso <br />igsi <br />1982 <br />1983 <br />1984 <br />1985 <br />1986 <br />1987 <br />1988 <br />1989 <br />Principal <br />$25,000 <br />30,000 <br />30,000 <br />30,000 <br />35,000 <br />35,000 <br />35,000 <br />40,000 <br />40,000 <br />45,000 <br />Interest <br />#$9,141.25 <br /><g,141.25 <br />#9,141.25 <br />dg,141.25 <br />#8,516.25 <br />i8,516.25 <br />"7,751.25 <br />d7,751.25 <br />#6,978.75 <br />gb,gzs.zs <br />#6yl98.75 <br />g56,198.75 <br />#5,280.00 <br />g5,280.00 <br />#4,352.50 <br />[4,352.50 <br />#3,407.50 <br />J3,407.50 <br />#2,327.50 <br />i2,327.50 <br />#1,237.50 <br />{1,237.50 <br />Total Payment <br />$18,282.50 <br />43,282.50 <br />47,032.50 <br />45,502.50 <br />43.957.50 <br />47,397.50 <br />45,560.00 <br />43.70S.00 <br />46,815.00 <br />44,655.00 <br />47,475.00 <br /># denotes first interest payment due April 1 each year <br />d denotes second interest payment due October 1 each year <br />Principal payments due October 1 each year.