Laserfiche WebLink
PRIVATE PLACEMENT OPTIONS <br />Option #1 <br />•Rate = 10-Year <br />Treasury + 2.17%. <br />5.17% floor and <br />8.00% ceiling. <br />•Rate reset & <br />extension after 10 <br />years, with a max <br />term of 30 years <br />•Initial payments of <br />$859,959 annually <br />•Balloon payment of <br />$10,579,967 after 10- <br />years if not <br />extended with rate <br />reset. <br />•Total payments of <br />$19,179,557 <br />Option #2 <br />•5.32% Rate <br />•15-Year Term <br />•Level debt service <br />of $1,268,871 <br />annually <br />•Total payments of <br />$19,033,063 <br />Option #3 <br />•5.48% Rate <br />•20-Year Term <br />•Level debt service <br />of $1,078,036 <br />•Total payments of <br />$21,560,767 <br />Option #4 <br />•5.68% Rate <br />•20-Year Term <br />•Step-up debt <br />service <br />•$750,000 yrs. 1-5 <br />•$1,000,000 yrs. 6- <br />10 <br />•$1,300,000 yrs. 11- <br />15 <br />•$1,795,169 yrs. 16- <br />20 <br />•Total payments of <br />$24,225,843 <br />36