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09/12/2006 TUE 15:57 FA% 7192545150 LAVWCD Fax ��� Peter Nichols <br />�j009/029 <br />Notes Pavable <br />The notes were issued for the purchase of water rights. The notes are collateralized by the <br />water rights and bear interest at the rate of 3% annum. The notes mature as follows: <br />2005 <br />2006 <br />2007 <br />2008 <br />2009 <br />Principal <br />$ 245,609 <br />201,477 <br />207,522 <br />213,747 <br />67.312 <br />�_��� <br />Interest <br />$ 2g,o�o <br />20,702 <br />14,657 <br />8,432 <br />2.019 <br />� <br />Total <br />$ 273,679 <br />221,i79 <br />222,179 <br />222,179 <br />69,331 <br />�� <br />Total <br />G <br />;. <br />Contacting the District' Fivancial Manaeement � <br />The financial report is designed to provide the general public with a general overview of the <br />District's finances and to show the District's accountability for the money it receives. <br />,. Tl�e District's financial statements are designed to present users (water users, taxpayers, and <br />� creditars) with a general overview of the District's finances and to demonstrate the District's <br />accountabiliiy. <br />� If you have any question regarding tlus report or need additional information, please contact: <br />Lower Arkansas Valley Water Conservancy District <br />801 Swink Ave <br />� Rocky Ford, CO 81067 <br />� : (719) 254-5115 phone (719) 254-5150 fax <br />! <br />�; <br />