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ATTACHMENT 1
<br />Lease Payment Schedule
<br />LESSOR C
<br />LESSEE: CITY OF SOUTH BEND, INDIANA
<br />LEASE NUMBER: PUB 18157
<br />LEASE DATE: 26
<br />STATE AND LOCAL GOVERNMENT LEASE -PURCHASE AGREEMENT
<br />20 18
<br />Lease Payments are initially due 30 days from the Commencement Date, and thereafter are due annually 30 days after each periodic anniversary of the Commencement Date that
<br />occurs during the Full Lease Term until all of the payments set forth below have been received by US. The period for each periodic anniversary is Annual as specified in the
<br />Payment Frequency box of this Lease. If the Commencement Date occurs on the 29th, 30th or 31st day of any month, the periodic anniversary will be deemed to occur on the 1st
<br />day of the month, commencing on the 1st day of the thirteenth succeeding month after the month of such Commencement Date.
<br />Payment Number
<br />Rental Payment
<br />Interest Portion
<br />Principal Portion
<br />Balance
<br />Purchase Price
<br />Loan
<br />-
<br />----------
<br />93,806,27
<br />1
<br />31, 268-76
<br />0,00
<br />31,26876
<br />62, 537, 51
<br />64, 820,13
<br />2
<br />31,268,76
<br />0,01
<br />31.268.75
<br />31,268.76
<br />32,410,07
<br />3
<br />31,268,76
<br />0.00
<br />31,268,76
<br />0,00
<br />0.00
<br />Grand Totals
<br />93,806,28
<br />0,01
<br />93,806 27
<br />Sales tax of _--......� _.....�.�-�._ is included in the financed amount shown above.
<br />Lessee acknowledges that the amount financed by Lessor is $ 89,328,75' and that such amount, net of any advance payments, is the issue price for Federal
<br />Income Tax purposes. The yield for this schedule for Federal Income Tax purposes is 5,860%`, Such issue price and yield will be stated in the applicable IRS
<br />Form 8038-G, INTEREST RATE INDEXATION: The interest rate reflected herein is provided as an indication only and may need to be revised prior to closing,
<br />The Lessor will make reasonable efforts to maintain the rate presented herein. However, the rate may need to be revised prior to closing due to change in taw or
<br />market conditions In the event that market interest rates increase prior to the date of closing (which causes an increase in the Lessor's cost of funds), the interest
<br />rate will be indexed to reflect adjustments to the Lender's actual cost of funds due to market and legal changes incurred since the date of this documentation..
<br />Powic'Worlis
<br />Lessee Signature:,®,,,,,,,,,,,, �,Ary,,,� A . . Date° m .......
<br />Print Name ...... � 01 1 Tide
<br />' �� i „� Page 1 of 1 ©2018 All Rights Reserved. Printed in the Us A-18PFDOG282 9/18
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