|
<br />I
<br />
<br />I
<br />
<br />Repayment Ability:
<br />
<br />I
<br />
<br />The ODFtC shareholders will malce loan payments from revenues generated by increased
<br />assessments.
<br />
<br />I
<br />
<br />Following is the loan payment schedule:
<br />
<br />I
<br />
<br />T bl 4 R
<br />
<br />tShdl
<br />
<br />I
<br />
<br /> a e - epaymen c e u e
<br /> 1979 1988 CWCB
<br /> CWCB CWCB CURRENTLY LOAN OPERATION
<br /> LOAN LOAN REQUESTED EMERG BANK AND TOTAL
<br /> #C153307 # Cl53527 LOAN RESRVE LOAN MAINTENANCE TOTAL SHAREHLDR
<br />YR PMT PMT PMT PMT PMT \1 COSTS ASSESSMNTS
<br />1 $32,536 $35,255 $53,989 $5,399 $18,562 $65,564 $211,305 $21.13
<br />2 $32,536 $35,255 $53,989 $5,399 $18,562 $67,531 $213,272 $21.33
<br />3 $32,536 $35,255 $53,989 $5,399 $18,562 $69,556 $215,297 $21.53
<br />4 $32,536 $35,255 $53,989 $5,399 $18,562 $71,643 $217,384 $21.74
<br />5 $32,536 $35,255 $53,989 $5,399 $18,562 $73,792 $219,533 $21.95
<br />6 $32,536 $35,255 $53,989 $5,399 $18,562 $76,006 $221,747 $22.17
<br />7 $32,536 $35,255 $53,989 $5,399 $18,562 $78,286 $224,027 $22.40
<br />8 $32,536 $35,255 $53,989 $5,399 $18,562 $80,635 $226,376 $22.64
<br />9 $32,536 $35,255 $53,989 $5,399 $18,562 $83,054 $228,795 $22.88
<br />10 $32,536 $35,255 $53,989 $5,399 $18,562 $85,546 $231,287 $23.13
<br />11 $32,536 $35,255 $53,989 $88,112 $209,892 $20.99
<br />12 $32,536 $35,255 $53,989 $90,755 $212,535 $21.25
<br />13 $32,536 $35,255 $53,989 $93,478 $215,258 $21.53
<br />14 $32,536 $53,989 $96,282 $182,807 $18.28
<br />15 $32,536 $53,989 $99,171 $185,696 $18.57
<br />16 $32,536 $53,989 $102,146 $188,671 $18.87
<br />17 $32,536 $53,989 $105,210 $191,735 $19.17
<br />18 $32,536 $53,989 $108,367 $194,892 $19.49
<br />19 $32,536 $53,989 $111,618 $198,143 $19.81
<br />20 $32,536 $53,989 $114,966 $201,491 $20.15
<br />21 $32,536 $53,989 $118,415 $204,940 $20.49
<br />22 $32,536 $53,989 $121,968 $208,493 $20.85
<br />23 $32,536 $53,989 $125,627 $212,152 $21.22
<br />24 $32,536 $53,989 $129,395 $215,920 $21.59
<br />25 $32,536 $53,989 $133,277 $219,802 $21.98
<br />26 $32,536 $53,989 $137,276 $223,801 $22.38
<br />27 $53,989 $141,394 $195,383 $19.54
<br />28 $53,989 $145,636 $199,625 $19.96
<br />29 $53,989 $150,005 $203,994 $20.40
<br />30 $53,989 $154,505 $208,494 $20.85
<br />
<br />NOTES: \L The Operation and Maintenance costs were assumed to increase 3 percent annually starting from $6.00
<br />per share ($60,000 total) in 2004.
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />I
<br />
<br />8
<br />
<br />I
<br />
|