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SOUTH BEND (INDIANA) REDEVELOPMENT AUTHORITY
<br />SCHEDULE OF AMORTISATION OF 52.355.000 PRINCIPAL
<br />AMOUNT OF PROPOSED LEASE RENTAL REVENUE BONDS
<br />Principal payable annually on August 1st.
<br />Interest payable semi-annually, February 1 and August 1
<br />Based on actual coupon interest rates.
<br />Assumed dating of bonds, March 1, 1991.
<br />
<br />Bond Year Debt Service
<br />Ending Principal Interest
<br />Au }ust 1st Balance Principal Rate Interest Total
<br /> (---In Tho usands---) (-------In Dollars-------)
<br />1991 $2,355 $ 0 7.50 $ 73,594 (1) $ 73,594
<br />1992 2,355 0 7.50$ 176,625 176,625
<br />1993 2,355 0 7.50 176,625 176,625
<br />1994 2,355 0 7.50 176,625 176,625
<br />1995 2,355 ~ 0 7.50 176,625 176,625
<br />1996 2.355 0 7.50 176,625 176,625
<br />1997 2,355 50 7.50 176,625 226,625
<br />1998 2,3-05 70 7.50 172,875 242,875
<br />1999 2,235 90 7.SO~s .167,625 257,625
<br />2000 2,145 100 7.50 160,875 260,875
<br />2001 2,045 110 7.50 153,.375 263,375
<br />2002 1,935 120 7.50$ 145,125 265,125
<br />2003 1,815 130 7.50 136,125 266,125
<br />2004 1,685 135 7.50$ 126,375 261,375
<br />2005 1,550 150 7.50 116,250 266,250
<br />2006 1,400 160 7.50 105,000 265,000
<br />2007 1,240 170 7.50~s 93,000 263,000
<br />2008 1,070 185 7.50 80,250 265,250
<br />2009 885 200 7.50 66,375 266,375
<br />2010 685 210 7.50 51.,375 261,375
<br />2011 475 230 7.50 35,625 265,625
<br />2012 245 245 7.50 18.375 263.375
<br />
<br />Totals 2.355 $2,761,969 $5,116,969
<br />(1) Includes five month's interest.
<br />(Subject to the comments in the accompanying report
<br />dated December 18, 1990 of H. J. Umbaugh & Associates.)
<br />-5-
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