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HomeMy WebLinkAbout038 - 03/19/2019 - AUTHORIZING THE MAYOR TO EXECUTE THE FIRST AMENDMENT TO THE INTERGOVERNMENTAL AGREEMENT FOR WATER TRORDINANCE NO. 038, 2019 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE MAYOR TO EXECUTE THE FIRST AMENDMENT TO THE INTERGOVERNMENTAL AGREEMENT FOR WATER TREATMENT SERVICE CAPACITY BETWEEN THE CITY OF FORT COLLINS, COLORADO AND THE FORT COLLINS-LOVELAND WATER DISTRICT WHEREAS, the City is a home rule municipality that owns and operates a water utility and has a water enterprise; and WHEREAS, the Fort Collins-Loveland Water District ("District') is a special district organized under Colorado law that also owns and operates a water utility that provides treated water service in portions of south Fort Collins and has a water enterprise; and WHEREAS,pursuant to Resolution No. 009 of the Board of the City or Fort Collins Water Utility Enterprise Authorizing the President of the Board to Execute an Intergovernmental Agreement for Water Treatment Services with the Fort Collins-Loveland Water District; the Fort Collins-Loveland Water District Enterprise, and the City of Fort Collins, dated October 1, 2013, and Ordinance No., 136, 2013 of the Council of the City of Fort Collins Authorizing the Mayor to Execute an Intergovernmental Agreement for Water Treatment Services with the Fort Collins- Loveland Water District, the Fort Collins-Loveland Water District Enterprise, and the City of Fort Collins,dated October 15,2013,the City,the District, and their respective enterprises entered into the Intergovernmental Agreement for Water Treatment Service Capacity Between the City of Fort Collins, Colorado and the Fort Collins-Loveland Water District, dated November 1, 2013 Agreement"), pursuant to which the City treats water for the District subject to the District making certain payments to the City; and WHEREAS,Paragraph 7.13 of the Agreement concerns payments by the District to the City for the Water Plant Investment Fee,which are due monthly and include both principal and interest; and WHEREAS, the District has been making all payments required under Paragraph 7.13 of the Agreement; and WHEREAS,the District now desires to pre-pay the outstanding principal of the remaining balance and thereby no longer be obligated to make further payments of the interest and principal under Paragraph 7.13 of the Agreement; and WHEREAS, City staff and District staff have negotiated the First Amendment to the Intergovernmental Agreement for Water Treatment Service Capacity Between the City of Fart Collins, Colorado and the Fort Collins-Loveland Water District, attached hereto as Exhibit "A" First Amendment'),which would authorize such prepayment. NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows- I- Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2.That the Mayor is hereby authorized to execute the First Amendment substantially in the form of Exhibit"A", with such modifications and additional terms and conditions as the Mayor, in consultation with the City Attorney, determines to be necessary and appropriate to protect the interests of the City or effectuate the purposes of this ordinance. Introduced, considered favorably on first reading; and ordered published this 5th day of March, A.D. 2019, and to be presented for final passage on the 19th day of March, A.D. 2019. or ATTEST: PORT Co Gy SEAL ' N City C _ COLORPOO Passed and adopted on final reading on the 19th day of March, A.D. 2019. yor ATTEST: L SEAL N city Clok COIORPOO 2- EXHIBIT A FIRST AMENDMENT TO THE INTERGOVERNMENTAL AGREEMENT FOR WATER TREATMENT SERVICE CAPACITY BETWEEN THE CITY OF FORT COLLINS,COLORADO AND THE FORT COLLINS-LOVELAND WATER DISTRICT This First Amendment ("First Amendment") to the Intergovernmental Agreement for Water Service Capacity, dated November 1,2013 ("Agreement')is entered into this day of 2019, by and between the CITY OF FORT COLLINS, Colorado, a home rule municipality'("City"),"tlie'CTTY'OF FORT COLLINS WATER UTILITY ENTERPRISE ("City Enterprise") (the City and City Enterprise are referred to together as "Fort Collins"); the FORT COLLINS-LOVELAND WATER DISTRICT, a political subdivision of the State of Colorado District") and the FORT COLLINS-LOVELAND WATER DISTRICT WATER ACTIVITY ENTERPRISE,an enterprise of the District("District"). Collectively Fort Collins and the District may be referred to as the"Parties" or individually as a"Party." RECITALS A. The Parties entered into the Agreement on November 1, 2013 and have operated pursuant the Agreement since that time. B. Paragraph 7.13 of the Agreement concerns payments by the District to the City for the Water Plant Investment Fee and states in its entirety: The Water Plant Investment Fee shall be Twelve million Six hundred thousand dollars ($12,600,000). The District shall pay the City Two million Five hundred Twenty thousand dollars($2,520,000)prior to any deliveries under this Agreement, but in no event later than January 15, 2014. The remainder of the Water Plant Investment Fee, Ten million Eight thousand dollars ($10,080,000) shall be amortized over a period of twenty (20) years at an annual percentage rate,of five percent(5%). Payments shall be made on a monthly basis in the amount of Sixty- six thousand Five hundred and twenty-four dollars ($66,524). C. The District paid the City $2,520,000 by January 15, 2014 as required under Paragraph 7.13 of the Agreement. D. The District has since made the monthly payments required under Paragraph 7.B of the Agreement. The attached Exhibit A comprises five pages and is a table ("Amortization Table") based on Paragraph 7.13 of the Agreement. E. The District now desires to pre-pay the outstanding principal of the remaining balance and thereby no longer be obligated to make further payments of the interest and principal under Paragraph 73 of the Agreement. Pursuant to the terms and conditions of this First Amendment, the City agrees to allow such a payment. NOW THEREFORE, in consideration of the above-recited premises and the promises set forth below,the Parties agree as follows. e AGREEMENT I 1. Incorporation of Recitals. The foregoing recitals are incorporated herein as if restated in their entirety. 2. Payment The City agrees that the District may pre-pay the outstanding principal of the remaining balance and thereby no longer be obligated to make further payments of the interest and principal under Paragraph 7.B of the Agreement. The amount of the payment shall be the amount of the principal indicated on the attached AmortizatiorfTable for themonth when the payment is made to the City. Payment shall be made to the City within 28 days of the date of this First Amendment. 3. New Paragraph7.B of.the Agreement Provided that the District has made payment to the City pursuant to Paragraph 2 above, Paragraph 73 of the Agreement shall be replaced in its entirety with the following: The Water Plant Investment Fee shall be Twelve million Six hundred thousand dollars($12,600,000). The District paid the City Two million Five hundred Twenty thousand dollars ($2,520,000) prior to January 15, 2014. Pursuant to the First Amendment to the Intergovernmental Agreement for Water Treatment Service Capacity Between the City of Fort Collins, Colorado and the Fort Collins-Loveland Water District, the District paid the outstanding balance of the Water Plant Investment Fee, which has now been paid in full. 4. No Other Changes. No other changes to the Agreement are made herein. IN WITNESS WHEREOF, the said City has caused this Amendment to be executed by its Mayor,attested to by its City Clerk with the corporate seal of said City hereunto affixed, the said District has caused this Amendment to be executed by its president and the City Enterprise and the District have each caused this Agreement to be executed by their respective presidents, as of the day and year fast written above in duplicate. Remainder of Page Left Blank Intentionally] THE CITY OF FORT COLLINS A Municipal Corporation By: Wade Troxell, Mayor ATTEST: By: City Clerk CITY OF FORT COLLINS WATER UTILITY ENTERPRISE An Enterprise of the City By: Enterprise President ATTEST: By: Enterprise Secretary APPROVED AS TO LEGAL FORM: By:. Eric Potyondy,Assistant City Attorney i'. i FORT COLLINS-LOVELAND WATER DISTRICT A Political Subdivision of the State of Colorado By: President ATTEST: By: Secretary FORT COLLINS-LOVELAND WATER DISTRICT WATER ACTIVITY ENTERPRISE An Enterprise of the District By: President ATTEST: By: Secretary UQUIr A First Amendment to the Inte governmeotal Asfeemeot for Water Tr@gtment Se 4 C4acijy Detween the Ci(y of Fort Collins Colorado and the Fort Collin Loveland Water District Remaining Remainino Months Since Month Loan Amount Payment Interest Pn'ncioal Months Origination Jan-14 $10,080.000.00 66.523.54 42,000.00 24,523.54 240 1 Jan-14 $10,655,476.46 66,523.54 41,897.82 24,625.72 239 2 Mar-14 $16,030.850.74 66,523.54 41,795.21 24,728.33 238 3 Apr-14 $10;006;122.41 66,523.54 41,692.18 24,831.36 237 4 May-14 $9,981,291.05 66,523.54 41.588.71 24,934.83 236 5 Jun-14 $9,956,356.23 66,523.54 41,484.82 25,038.72 235 6 Jul-14 $9;931,317.51 66,523.54 41,380.49 25,143.05 234 7 Aug-14 $9,906,174.46 66,523.54 41,275.73 25,247.61 233 6 Sep-14 $6,886,626.65 66,523.64 41,170.53 25,353.01 232 9 Oct-14 0,855,573.63 66,523.54 41.064.89 25,458.65 231 10 Nov-14 $9,830,114.99 66,523.54 40,958.81 25,564.73 230 1.1 Dec-14 $9,804,550.26 66,623.54 40,852.29 25,671.25 229 12 Jan-1 5 $9,778,879.01 66,523.54 40,745.33 25,778.21 228 13 Feb-15 $9,753,100.81 66,523.54 40,637.92 25,885.62 227 14 Mar-15 $9,727,215.19 66,523.54 40,530.06 25,993.48 226 15 Apr-15 $9,761,221.71 66,523.54 40,421.76 26,101.78 225 16 May-15 $9,675,119.93 66,523.54 40,313.00 26210.54 224 17 Jun-15 $9,648,909.39 66,523.54 40,203.79 26:319.75 223 18 Jul-16 $9,622,589.64 66,523.54 40,094.12 26,429.42 222 19 Aug-15 $9,596,160.23 66,523.54 39,984.00 26.539.54 221 20 Sep-15 $9,569,620.69 66,523.54 39,873.42 26,650.12 220 21 Oct-15 $9,542,970.57 66,523.54 39,762.38 26.761.16 219 22 Nov-15 $9,516,209.41 66,523.54 39.650.87 26,872.67 218 23 Dec-15 $9,489,336.74 66,523.54 39,536.90 26,984.64 217 24 Jan-16 $0,462,352.11 66.523.54 39,426.47 27,097.07 216 25 Feb-16 $9,435,255.04 66,523.54 39,313.56 27,209.98 215 26 Mar-16 $9,408,045.06 66,523.54 39,200.19 27,323.35 214 27 Apr-16 $9,380,721.71 66,523.54 39,086.34 27,437.20 213 28 May-16 $9,353;284.51 66,523.54 38,972.02 07,551.52 212 29 Jun-16 $9,325,732.99 66,523.54 38,857.22 27,666:32 211 30 Jul-16 $9,298,066.67 66,523.54 38,741.94 27,781.59 210 31 Aug-16 $9,270,285.08 66,523.54 38,626.19 27,897.35 209 32 Sep-16 $9,242,387.73 66,523.54 08,509.95 28,013.59 208 33 Oct-16 $9,214,374.14 66,523.54 38,393.23 28,130:31 207 34 Nov-16 $9,186,243.83 66,523.54 38,276.02 28,247.52 206 35 Dec-16 $9,157,996.30 66,523.54 38,168.32 28,365.22 205 36 Jan-17 $9,129,631.08 66,523.54 38,040.13 28,483.41 204 37 Jan-17 $9,101,147.67 66,623.54 37,921.45 28,602.09 263 38 Mar-17 $9,072,545.59 66,523.54 37,802.27 28,721.27 202 39 Apr=77 $9,043,824.32 66,523.54 37,682.60 28,840.94 201 40 May-17 $9,014,983.38 66,523.54 37,562.43 28,961.11 200 41 Jun-17 $8,986,022.27 66,523:54 37,441.76 29,081.78 199 42 Jul-17 $8,956,940.50 66,523.54 37,320.59 29,202.95 198 43 Aug-17 $8,927,737.54 66,523.54 37,198.91 29,324.63 197 44 Sep-17 $8,898,412.91 66,523.54 37,076:72 29,446.82 196 45 Oct-17 $8,868.966.09 66,523.54 36,954.03 29,569.51 195 46 Nov-17 $8,839,396.58 66,523.54 36,830.82 29,692.72 194 47 Dec-17 $8,809,703.86 66,523.54 36,707.10 529,816.44 193 48 Jan-18 $8,779,887.42 66,523.54 36,582.86 26,946.67 192 49 Jan-18 $8,749,946.75 66,523.54 36.458,11 30,065.43 191 50 Mar-18 $8,719,881.32 66.523.54 36,332.84 30,190.70 190 51 Apr-18 $8.689,690.62 66,523.54 36,207.04 30,316.49 189 52 May-18 $8.659,374.13 66,523.54 36,080.73 30,442.81 188 53 Jun-18 $8.628,931.31 66,523.54 35,953.88 30,569.66 187 54 Jul-18 $8,598,361.65 66,523.54 35,826.51 30,697.03 186 55 Aug-18 $8,567,664.62 66,523.54 35,698.60 30,824.94 165 56 Sep-18 $8,536,839.69 66,523.54 35,570.17 30,953.37 184 57 Oct-18 $8,505,886'31 66,523.54 35,441.19 31,082.35 183 58 Nov-18 $8,474,803.97 66,523.54 35.311.68 31,211.86 182 59 Dec-18 $8,443,592.11 66,523.54 35,181.63 31,341.90 181_____ 60 Jan-19 $8,412,250.21 66,523.54 35,051.04 31,472.50 180 61 Feb-19 $8,380,777.71 66,523.54 34,919.91 31,603.63 179 62 Mar-19 $8,349,174.08 66;523.54 34,788.23 31,735.31 178 63 Apr-19 $8,317,438.77 66,523.54 34,655.99 31,867.54 177 64 May-19 $8.285.571.22 66,523.54 34,523.21 32,000.33 176 65 Jun-19 $8,253,570.90 66;523.54 34,389.88 32,133.66 175 66 Jul-19 $8,221,437.24 66,523.54 34,255.99 32,267.55 174 67 Aug-19 $8,189,169.69 66,523.54 34,121.54 32,402.00 173 68 Sep-19 $8,156,767.69 66,523.54 33,986.53 32,537.01 172 69 Oct-19 $8,124,230.68 66,523:54 33,850.96 32,672.58 171 70 N64-19 $8,091.558.11 66,523.64 33,714.83 32,808.71 170 71 Dec-19 $8,058,749.39 86;523.54 33,578.12 32,945.42 169 72 Jan-20 $8,025,803.98 66,523.54 33;440.85 33.082.69 168 73 Feb-20 $7,992,721.29 66,523.54 33,303.01 33,220.53 167 74 Mar-20 $7,959,500.76 66,523.54 33,164.59 33,358.95 166 75 Apr-20 $7;926,141.80 66,523.54 33,025.59 33,497.95 165 76 May-20 $7,892,643.86 66,523.54 32,886.02 33,637.52 164 77 Jun-20 $7,859,006.33 66,523.54 32,745.86 33,777.68 163 78 Jul-20 $7,825;228.66 66,523.54 32,606.12 33,918.42 162 79 Aug-20 $7,791,310..24 66.523.54 32,463.79 34,059.75 161 80 Sep-20 $7,757,250.49 66,523.54 32,321.88 34,201.66 160 81 Oct-20 $7,723,648.83 66,523.54 32,179.37 34,344.17 159 82 Nov-20 $7,686;704.66 66,523.54 32.036.27 34,487.27 158 83 Dec-20 $7.654,217.39 66,523.54 31,892.57 34,630.97 157 84 Jan-21 $7.619,586.43 66,523.54 31,748.28 34.775.26 156 85 Jan-21 $7,584.811.16 66,523.54 31,603.38 34,920.16 155 86 Mar-21 $7,549,89.1.01 66,623.54 31,457.88 35,065.66 154 87 Apr-21 $7,514,825.3.5 66,523.54 31,311.77 35,211.77 153 88 May-21 $7.479,613.58 66,523.54 31,165.06 35,358.48 152 89 Jun-21 $7,444,255.10 66,523.54 31,017.73 35,505.81 151 90 Jul-21 $7,408.749.29 66,523.54 30,869.79 35,653.75 150 91 Aug-21 $7,373,065.54 66,523.54 30,721.23 35,802.31 149 92 Sep-21 $7,337,203.23 66,523.54 30,572.06 35,951.48 148 93 Oct-21 $7,301,341.75 66,623.54 30,422.16 36,101.28 147 94 Nov-21 $7,265,240.47 66,523.54 30;271.84 36,251.70 146 95 Dec-21 $7,228,988.76 66,523.54 30,120.79 36,402.75 145 96 Jan-22 $7,192,586.01 66,523.54 29,969.11 36,554.43 144 97 Jan-22 $7,156,031.58 66,523.54 29,816.80 36,706.74 143 98 Mar-22 $7,119,324.84 66,523.54 29,663.85 36,859.69 142 99 Apr-22 $7,082,465.16 66,523.54 29,510.27 37,013.27 141 100 May-22 $7,045,451.69 66,523.54 29;356.05 37,167.49 140 101 Jun-22 $7,008284.40 66,523.54 29;201.19 37,322.35 139 102 Jul-22 $6,970,962.65 66,523.54 26,045.68 37,477.86 138 103 Aug-22 $6,933,484.18 66,523.54 28.889.52 37,634.02 137 104 Sep-22 $6,895,850.16 66,523.54 28,732.71 37,790.83 136 105 Oct-22 $6,858,059.33 66,523;54 28,575.25 37,948.29 135 106 Nov-22 $6,820,111.04 66,523.54 28,417.13 38,106.41 134 107 Dec-22 $6,782,004.63 66,523.54 28,258:35 38,265.19 133 108 Jan-23 $6;743739.45 66,523.54 28,098.91 38,424.62 132 169 Feb-23 $6,705,314.82 66,523.54 1$27,938.81 38,584.73 131 110 Mar-23 $6,666,730.10 66,523.54 27,778.04 38.745.50 130 111 Apr-23 $6,627,984.60 66,523.54 27,616.60 38,906.94 129 112 May-23 $6,589,677.66 66,523.54 27,454.49 39,069.65 128 113 Jun-23 $6,550,008,62 66.523.54 27,291.70 39,231.84 127 114 Jul-23 $6,516,776.78 66,523.54 27.128.24 39,395.30 126 116 Aug-23 $6,471,381.48 66,523.54 26,964.09 339,559.45 125 116 Sep-23 $6,431,822.03 W.623.54 26,799.26 39,724.28 124 117 Oct43 $6,392,697.75 66,523,54 26,633.74 39,889.80 123 118 Nov-23 $6,352;207.95 66,523.54 26,467.53 40,056.01 122 119 Dec-23 $6;312,151.95 66,523.54 26,300.63 40,222.91 121 120 Jan-24 $6,271,929.04 66,523.54 26.133.04 40,390.50 120 121 Feb-24 $6,231,538.54 66,523.54 25,964.74 40,558.79 119 122 Mar-24 $6,190,979.74 66,523.54 25,795.75 40,727.79 118 123 Apr-24 $6;150,251.95 66,523.54 25,626.05 40,897.49 117 124 May-24 $6.109,354.47 66.523.54 25.455.64 41,067.89 116 125 Jun-24 $6,068,286.57 66,623.64 25,284.53 41,239.01 115 126 Jul-24 $6.627,047.56 66,523.54 25,112.70 41;410.84 114 127 Aug-24 $5,985,636.72 66,523.54 24,640.15 41,563.39 113 128 Sep-24 $5,944.053.33 66,523.54 24,766.69 41,756.65 112 129 Oct-24 $5,902.296.68 66,523.54 24,592.90 41,930.64 111 130 Nov-24 $5.860,366.05 66,523.54 24,418.19 42,105.35 110 131 Dec-24 $5,618,260.70 66.523.54 24,242.75 42;260.79 109 132 Jan-25 $5.775,979.92 66,523.54 24,066.58 42,456.96 108 133 Feb-25 $5,733,522.96 66,523.54 23,889.68 42,633.86 107 134 Mar-25 $5,690,889.10 66,523.54 23,712.04 42,811.50 106 135 Apr-25 $5,648,077.60 66.523.54 23.533.66 42;969.86 105 136 May-25 $5;605,087.72 66,523.54 23.354.53 43,169.01 104 137 Jun-25 . $5;561,918.71 66,523.64 23,174.66 43,348.88 103 138 Jul-25 $5.518,569.84 66,523.54 22,994.04 43,529.50 102 139 Aug-25 $5,475,040.34 66,623.54 22,812.67 43,710.87 101 140 Sep-25 $5,431;329.47 66,523.54 22,630.54 43,893.00 100 141 Oct-25 $5,387:436.47 66,523.54 22,447.65 44,075.89 99 142 Nov-25 $5,343,360.56 66,523.54 22,264.00 44.259.54 98 143 Dec-25 $5,299,101.05 66,523.54 22,079.59 44.443.95 97 144 Jan-26 $5,254,657.09 66,523.54 21,894.40 44,629.13 96 145 Feb-26 $5,210.027.96 66,523.54 21,708.45 44,815.09 95 146 Mar-26 $5,165.212.87 66,523.54 21,521.72 45,001.82 94 147 Apr-26 $5,120.211.05 66,523.54 21,334.21 45,189.33 93 148 May-26 $5,075,021.73 66,523.54 21,145.92 45,377.61 92 149 Jun-26 $5,029,644.11 66,523.54 20,956.86, $45,666.69 91 15b Jul-26 $4,984,077.43 66,523.54 20,766.99 45,756.55 90 151 Aug-26 $4,938,320.88 66,523.54 20,576.34 45,947.20 89 152 Sep-26 $4,892,373.67 66,523.54 20,384.89 46,138.65 88 153 Oct-26 $4,846,235.03 66,523.54 20,192.65 46,330.89 87 154 Nov-26 $4,799,904.13 66,523.54 19.999.60 46,523.94 86 155 Dec-26 $4,753,380.20 66,523.54 19.805.75 46,717.79 85 156 Jan-27 $4,706,662.41 66,52334 19,611.09 46,912.45 84 157 Fab-27 $4,659,749.96 66,523.54 19,415.62 47,107.91 63 158 Mar-27 $4,612,642.05 66,623.54 19,219.34 47,304.20 82 159 Apr-27 $4,565,337.85 66,523.54 19,022.24 47,501.30 81 160 May-27 $4,517,836.56 66,523.54 18,824.32 47.699.22 80 161 Jun-27 $4,470,137.34 66:623.54 18,625.57 47,897.97 79 162 Juk27 $4,422,239.37 66,523.54 18,426.00 48,097.54 78 163 Aug-27 $4,374,141.83 66,523.54 18,225.59 48,297.95 77 164 Sep-27 $4,325,843.88 66,523.54 18.024.35 48,499.19 76 165 00-27 $4,277,344.69 66,523.54 17,822.27 48,701.27 75 166 Nov-27 $4,228,643.42 66,523.54 17,619.35 48,904.19 74 167 Dec-27 $4,179,739.23 66,523.54 17,415.58 49,107.96 73 168 Jan-28 $4,130,631.27 66,523.54 17,210.96 4%312.57 72 169 Feb-28 $4,081,318:70 66,523.54 17,005.49 49,518.04 71 -. 170 Mar-28 $4,031,600.65 66,523.54 16,799.17 49,724.37 70 171 Apr-28 $3,982,076.29 66,523.54 16,591.98 49,931.55 69 172 May-28 $3,932,144.73 66,523.54 16,383.94 50,139.60 68 173 Jun-28 $3,882,005.13 66,523.54 16,175.02 50,348.52 67 174 Jul-28 $3,831,656.61 66,523.54 15,965.24 50,558.30 66 175 Aug-28 $3,781,,098.31 66,523.54 15,754.58 50,768.96 65 176 Sep-28 $3,730,329.35 66,523.54 15,543.04 50,980.50 64 177 Oct-28 $3,674,346.65 66,523.54 15,330.62 51,192.92 63 178 Nov-28 $3.626,155.93 66,523.54 15,117.32 51,406.22 62 179 Dec-28 $3,576,749.71 66,623.54 14,903.12 51,620.41 61 180 Jan-29 $3,525,129.29 66,523.54 14,688.04 51,835.50 60 181 Feb-29 $3,473,293.79 66,523.54 14.472.06 52,051.48 59 182 Mar-29 $3,421,242.31 66,523.54 14,255.18 52,268.36 58 183 Apr-29 $3;368,973.95 66,523.54 14,037.39 52,486.15 57 184 May-29 $3,316,487.60 66,523.54 13,818.70 52,704.84 56 185 Jun-29 $3.263,782.96 66,523.54 13,599.10 52,924.44 55 186 Jul-29 $3;210,858.52 66,523.54 13,378.58 53,144.96 54 187 Aug-29 $3,157,713.56 66,523.54 13,157.14 53,366.40 53 188 Sep-29 $3,104,347.16 66,523.64 12,934.78 58;588.76 52 189 Oct-29 $3,050,758.40 66,523.54 12,711.49 53,612.05 51 190 Nov729 $2,996,946.36 66,523.54 12,487.28 54,636:26 50 191 Dec-29 $2,942,910.69 66.523.54 12;262.13 54,261.41 49 192 Jan-30 $2,888,648.68 66,523.54 12,036.04 54,487.60 48 193 Feb-30 $2,834,161.18 66,523.54 11,809.00 54,714.53 47 194 Mar-30 $2,779,446.65 66,523.54 11,581.03 64,942.51 46 195 Apr-30 $2,724,504.13 W,523.54 11,352.10 55,171.44 45 196 May-30 $2,669,332.70 66,523.54 11.112.22 65,401.32 44 197 Jun-30 $2,613,931.38 66,523.54 10,891.38 55,632.16 43 198 Jul-30 $2,558,299.22 66,523.54 10,659.58 55,863.96 42 199 Aug-30 $2,502,435.26 66,523.54 10,426.81 56,096.72 41 200 Sep-30 $2,446,338.54 66,523.54 10.193.08 56,330.46 40 201 Oct-30 $2,390,008.08 66,523.54 9,958.37 56,565.17 39 202 Nov-30 $2.333,442.90 66,523.54 9,722.68 56,800.86 38 263 Dec-30 $2,276,642.04 66,523.54 9,486.01 57,037.53 37 204 Jan-31 $2.219,604.51 66,523.54 9,248.35 57,275.19 36 205 Feb-31 $2,162,329.33 66,623.54 9,009.71 57,513.83 35 206 Mar-31 $2,104,815.50 66,523.54 8,770.06 57,753.47 34 207 Apr-31 $2,047,062.02 66;523.54 8,529.43 57,994.11 33 208 May-31 $1,989,067.91 66,523.54 8,287.78 58,235.76 32 209 Jun-31 $1,930,832.15 66,523.54 8,045.13 58,478.40 31 210 Jul-31 $1,872,353,75 66,523.54 7,801.47 58,722.06 30 211 Aug-31 $1.813.631.68 66,523.54 7,556.80 58,666.74 29 212 Sep-31 $1,754,664.94 66,523.54 7,311.10 59,212.43 28 213 Oct-31 $1,695,452.51 66,523.54 7,064.39 59,459.15 27 214 Nov-31 $1,635,993.36 66.523.54 6,816.64 69,706.90 26 215 Dec-31 $1,576.286.46 66,523.54 6,567.86 59,955.68 25 216 Jan-32 $1,516,330.78 66,523.54 6,318.04 60,205.49 24 217 Feb-32 $1,456,125.28 66,523:54 6,067.19 60,456.35 23 218 Mar-32 $1,395,668.93 66:523.54 5.815.29 60,708.25 22 219 Apr-32 $1,334,960.68 66.523.54 5,562.34 60,961.20 21 220 May-32 $1,273,9.99.48 66,523.54 5,308.33 61,215.21 20 221 Jun-32 $1,212,784.27 66,523.54 5,053.27 61,470.27 19 222 Jul-32 $1,151.314.00 66,523.54 4,797.14 61,726.40 18 223 Aug-32 $1,089,587.61 66,523.54 4,539.95 61,983.59 17 224 Sep-32 $1,027,604.02 66,523.54 4,281.68 62,241.86 16 225 Oct-32 $965,362.16 66,523.54 4,022.34 62,501.20 15 226 Nov-32 $902,860.96 66,523.54 3,761.92 62,761.62 14 227 Dec-32 $840,099.35 66,523.54 3,500.41 63,023.12 13 228 Jan-33 $777,076.22 66,523.54 3,237.82 63,285.72 12 229 Feb-33 $713,790.50 06,523.54 2,974.13 63,549.41 11 230 Mar43 $650,241.09 06.623.54 2,709.34 63,814.20 10 231 Apr-33 $586,426.89 66,523.54 2,443.45 64,080.09 9, 232 May-33 $522.346.80 66,523.54 2,176.44 64,347.09 8 233 Jun-33 $457,999.70 66,523.54 1,908.33 64,615.21 7 234 Jul-33 $393,384.50 66,523.54 1,639.10 64,884.44 6 235 Aug-33 $328,500.06 66,523.54 1,368.75 65,154.79 5 236 Sep-33 $263,345.27 66,523.54 1,097.27 65,426.27 4 237 Oct-33 $197,919.00 66,523.54 824.66 65,698.88 3 238 Nov-33 $132,220.13 66,523.54 550.92 65,972.62 2 239 Dea33 $66,247.51 66,523.54 276.03 66,247.51 1 240 0.00 $15,965,649.24 $5,885.649.24 $10,080,000.00