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City of South Bend
<br />Douglas Road Project
<br />Review of TIF to Cover Debt Service - 1/13/09
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<br />South Bend
<br />Mishawaka
<br />Loan
<br />Loan
<br />Metronet
<br />Total
<br />Building 1
<br />Building 2
<br />Total
<br />Excess
<br />Cumulative
<br />Payment
<br />Payment
<br />Payment
<br />Payments
<br />TIF Revenue
<br />TIF Revenue
<br />TIF Revenue
<br />TIF Revenue
<br />Excess
<br />8/15/2008
<br />0
<br />34,520
<br />0
<br />34,520
<br />34,520
<br />34,520
<br />2/15/2009
<br />0
<br />34,520
<br />0
<br />34,520
<br />34,520
<br />69,040
<br />8/15/2009
<br />39,836
<br />45,812
<br />85,648
<br />35,334
<br />0
<br />35,334
<br />(50,314)
<br />18,727
<br />2/15/2010
<br />39,836
<br />45,812
<br />85,648
<br />67,184
<br />0
<br />67,184
<br />(18,464)
<br />263
<br />8/15/2010
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />0
<br />58,885
<br />(26,763)
<br />(26,500)
<br />2/15/2011
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />0
<br />58,885
<br />(26,763)
<br />(53,264)
<br />8/15/2011
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />0
<br />58,885
<br />(26,763)
<br />(80,027)
<br />2/15/2012
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />(38,497)
<br />8/15/2012
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />3,033
<br />2/15/2013
<br />39,836
<br />45,812
<br />32,500
<br />118,148
<br />58,885
<br />68,293
<br />127,178
<br />9,030
<br />12,063
<br />8/15/2013
<br />39,836
<br />45,812
<br />32,500
<br />118,148
<br />58,885
<br />68,293
<br />127,178
<br />9,030
<br />21,093
<br />2/15/2014
<br />39,836
<br />45,812
<br />30,000
<br />115,648
<br />58,885
<br />68,293
<br />127,178
<br />11,530
<br />32,624
<br />8/15/2014
<br />39,836
<br />45,812
<br />30,815
<br />116,463
<br />58,885
<br />68,293
<br />127,178
<br />10,715
<br />43,339
<br />2/15/2015
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />84,869
<br />8/15/2015
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />126,399
<br />2/15/2016
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />167,929
<br />8/15/2016
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />209,459
<br />2/15/2017
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />250,989
<br />8/15/2017
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />292,519
<br />2/15/2018
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />334,049
<br />8/15/2018
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />375,579
<br />2/1512019
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />417,109
<br />8/15/2019
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />458,639
<br />2/15/2020
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />500,169
<br />8/15/2020
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />541,699
<br />2/15/2021
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />583,229
<br />8/15/2021
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />624,759
<br />2/15/2022
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />666,289
<br />8/15/2022
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />707,819
<br />2/15/2023
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />749,349
<br />8/15/2023
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />790,879
<br />2/15/2024
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />832,409
<br />8/15/2024
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />873,940
<br />2/15/2025
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />915,470
<br />8/15/2025
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />957,000
<br />2/15/2026
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />998,530
<br />8/15/2026
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />1,040,060
<br />2/15/2027
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />1,081,590
<br />8/15/2027
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />1,123,120
<br />2/15/2028
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />1,164,650
<br />8/15/2028
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />1,206,180
<br />2/15/2029
<br />39,836
<br />45,812
<br />85,648
<br />58,885
<br />68,293
<br />127,178
<br />41,530
<br />1,247,710
<br />Totals
<br />1,593,449
<br />1,832,467
<br />125,815
<br />3,551,731
<br />2,409,178
<br />2,390,263
<br />4,799,441
<br />1,247,710
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