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5) The Town has represented to us that, upon the issuance of the 2013 CWCB Loan, the <br /> combined maximum annual debt service amount for the Parity Loan shall be S 63,213 . <br /> Based upon the schedules and information presented to us by the Town, the Town's <br /> unaudited Gross Revenue for the 12-month period ending April 30, 2013, is sufficient to <br /> pay its annual operating and maintenance expenses plus an amount representing not <br /> less than 10% of the combined maximum annual debt service amount for the Parity <br /> Obligation. <br /> /1%4A- aie-'14540c4:14, e e. <br />