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CITY OF RAMSEY, MINNESOTA <br />ANNUAL. BUDGET <br />BUDGET COMMENTS <br />City's share of 1979 Construction costs, <br />repayment method <br />Beginning Interest Principal Total <br />Year Prin, Bal. Pymt. @ 8% Payment Payment <br />1981 60,000 4,800 ' 6,000 10,800 <br />1982 54,000 4,320 6,000 10,320 <br />1983 48,000 3,840 6,000 9,840 <br />1984 42,000 3,360 6,000 9,360 <br />1985 36,000 2,880 6,000 8,880 <br />1986 30,000 2,400 6,000 8,400 <br />1987 24,000 1,920 6,000 7,920 <br />1988 18,000 1,440 6,000 7,440 <br />1989 12,000 960 6,000 6,960 <br />1990 6,000 480 6;000 6,480 <br />TOTAL $26,400 460,,000 $86,400 <br />79 <br />