CT2019-980 Loan Contract Option Letter

• Contract/PO #: CT2018-980
• Contractor Name: Corsentino Dairy Farms, Inc.
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

COLORADO WATER CONSERVATION BOARD
LOAN REPAYMENT SCHEDULE
Borrower Corsentino Dairy Farm Final
Loan Contract Number CT 2018-980
Principal $112,716.00
Interest Rate 0.50%
Frequency Annual
Term(In Years) 10
First Payment Due September 1,2019
Payment Amount 511,583.89
Loan Annual Annual Principe!
Payment No. Payment Payment Principal Interest BALANCE
Due Date Amount
$ 112,716.00
Adjustment 1-Sep-18 $13,452.68 $ 13,452.68 $ - $ 99,263.32
1-Sep-19 $11,583.89 $ 11,087.57 $ 496.32 $ 88,175.75
2 1-Sep-20 $11,583.89 $ 11,143.01 $ 440.88 $ 77,032.74
3 I-Sep-21 $11,583.89 $ 11,198.73 $ 385.16 $ 65,834.01
4 1-Sep-22 $11,583.89 $ 11,254.72 $ 329.17 $ 54,579.29
5 1-Sep-23 $11,583.89 $ 11,310.99 $ 272.90 $ 43,268.30
6 1-Sep-24 $11,583.89 S 11,367.55 $ 216.34 $ 31,900.75
7 I-Sep-25 $11,583.89 $ 11,424.39 $ 159.50 $ 20,476.36
8 1-Sep-26 $11,583.89 $ 11,481.51 $ 102.38 $ 8,994.85
9 1-Sep-27 $9,039.82 $ 8,994.85 $ 44.97 $ -
10 1-Sep-28 $0.00 $ - $ - S
TOTALS $101,710.94 $99,263.32 $2,447.62 $0.00
AmonCorsccaumoDairyC720180617 SSB 8/13/2018