Page 11 - 2017 Bonded Debt Summary
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2013 TOTAL ROAD IMPROVEMENT PROGRAM COPs



        Original Issue Amount:  $20,000,000
        Issuance Date:            8/15/2013
        Maturity Date:            6/1/2039
        Interest Rates:           4.125% - 5.125%

        Description: The 2013 Total  Road Improvement Program Certificates of Participation
        (COPs) were issued  in August 2013. The bonds funded the construction of certain
        roadway improvements including the extension of Nason Street between Cactus and Fir
        and the Perris Boulevard Widening between Ironwood Avenue and Manzanita Avenue.

        Repayment Source: The repayment source for these bonds is the Measure A Fund.

        Security: The bonds are secured by the pledge of future Measure A revenues.

        Debt Service Schedule: The annual debt service requirements for the 2013 Total Road
        Improvement Program COPs payable outstanding at June 30, 2016, are as follows:




          YEAR ENDING JUNE 30,         PRINCIPAL            INTEREST          INTEREST RATE
          2017                         $490,000            $991,313               5%
          2018                          515,000             966,813               5%
          2019                          540,000             941,063               5%
          2020                          570,000             914,063               5%
          2021                          600,000             885,563               5%
 YEAR ENDING JUNE 30,    GOVERNMENTAL ACTIVITIES   MORENO VALLEY UTILITY   TOTAL DEBT SERVICE   INTEREST RATE   2022-2026*   3,435,000  3,984,819  4.125-5%
    PRINCIPAL   INTEREST   PRINCIPAL   INTEREST   PRINCIPAL   INTEREST  5%  2027-2031*   4,300,000  3,116,894  4.75-5.125%
 2017  $1,085,000  $411,946  $130,000  $49,929  $1,215,000  $461,875  5%  2032-2036*   5,510,000  1,910,600  5.125%
 2018   1,132,000   356,649   133,000   43,226   1,265,000   399,875    5%
 2019   1,183,000   298,898   142,000   36,227   1,325,000   335,125    5%  2037-2039*   4,040,000  421,019  5.125%
 2020   1,250,450   238,026   154,550   28,850   1,405,000   266,876    5%  $20,000,000  $14,132,147
 2021   1,311,100   173,920   158,900   21,080   1,470,000   195,000    5%
 2022-24*   2,836,450   143,039   328,550   17,335   3,165,000   160,374    5%  *Represents the total amount due during the specified period.
    $8,798,000  $1,622,478  $1,047,000  $196,647  $9,845,000  $1,819,125
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