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First Mortgage
<br />County Option Revenue
<br />Income Tax South Bend Refunding
<br />Lease Rental Redevelopment Bonds,
<br />Estimated Revenue District Series 2012
<br />Year of City COIT Refunding Taxable Revenue Lease Rental Estimated Estimated
<br />Collection Revenues (1)Bonds of 2010 Bonds, Series 2010 Payments Excess Funds Coverage
<br />2017 $10,267,284 $675,000 $720,905 $1,570,000 $7,301,379 3.46
<br />2018 10,267,284 675,000 706,650 1,564,000 7,321,634 3.49
<br />2019 10,267,284 673,000 1,562,000 8,032,284 4.59
<br />2020 10,267,284 678,000 1,567,000 8,022,284 4.57
<br />2021 10,267,284 1,567,000 8,700,284 6.55
<br />2022 10,267,284 1,563,000 8,704,284 6.57
<br />Totals $61,603,704 $2,701,000 $1,427,555 $9,393,000 $48,082,149
<br />(1) COIT Revenues based on 2017 certified distribution and held constant throughout the life of the 2012 Bonds.
<br />Note: See footnotes (c) and (d) at the end of this report.
<br />12
<br />STATEMENT OF ESTIAMTED COIT CASH FLOW AND DEBT SERVICE COVERAGE
<br />CITY OF SOUTH BEND
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