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City of South Bend, Indiana
<br />Major Moves Fund 412 Interfund Loan to NE Residential TIF Fund 436
<br />Eddy Street Commons
<br />Interfund Loan Amortization Schedule
<br />November 11, 2013
<br />Principal - $3,942,529 (costs paid by Major Moves Fund) Revised
<br />Semi - annual, beginning August 15, 2011 through February 15, 2026.
<br />Thirty (30) payments. Interest rate - 5%
<br />E Residental TIF Expenditures - #436- 1050 - 460 -38 -01 (Principal), #436- 1050- 460 -38 -02 (Interest)
<br />lajor Moves Revenue - #412- 0000 - 399 -02 -06 (Principal), #412- 0000 - 399 -02 -07 (Interest)
<br />ayment - $186,218.00
<br />Beginning 5% Ending
<br />Payment Payment Principal Total Interest Principal Principal
<br />Number Date Balance Paid Paid Paid Balance
<br />1
<br />8115/2011
<br />3,942,529.00
<br />195,888.00
<br />98,563.23
<br />97,324.78
<br />3,845,204.23
<br />2
<br />2/15/2012
<br />3,845,204.23
<br />195,888.00
<br />96,130.11
<br />99,757.89
<br />3,745,446.33
<br />3
<br />8115/2012
<br />3,745,446.33
<br />195,888.00
<br />93,636.16
<br />102,251.84
<br />3,643,194.49
<br />4
<br />2/15/2013
<br />3,643,194.49
<br />195,888.00
<br />91,079.86
<br />104,808.14
<br />3,538,386.35
<br />5
<br />8/15/2013
<br />3,538,386.35
<br />195,888.00
<br />88,459.66
<br />107,428.34
<br />3,430,958.01
<br />6
<br />2/15/2014
<br />3,430,958.01
<br />186,218.00
<br />85,773.95
<br />100,444.05
<br />3,330,513.96
<br />7
<br />8/15/2014
<br />3,330,513.96
<br />186,218.00
<br />83,262.85
<br />102,955.15
<br />3,227,558.81
<br />8
<br />2/15/2015
<br />3,227,558.81
<br />186,218.00
<br />80,688.97
<br />105,529.03
<br />3,122,029.78
<br />9
<br />8/15/2015
<br />3,122,029.78
<br />186,218.00
<br />78,050.74
<br />108,167.26
<br />3,013,862.52
<br />10
<br />2/1512016
<br />3,013,862.52
<br />186,218.00
<br />75,346.56
<br />110,871.44
<br />2,902,991.09
<br />11
<br />8/15/2016
<br />2,902,991.09
<br />186,218.00
<br />72,574.78
<br />113,643.22
<br />2,789,347.86
<br />12
<br />2115/2017
<br />2,789,347.86
<br />186,218.00
<br />69,733.70
<br />116,484.30
<br />2,672,863.56
<br />13
<br />8/15/2017
<br />2,672,863.56
<br />186,218.00
<br />66,821.59
<br />119,396.41
<br />2,553,467.15
<br />14
<br />2/1512018
<br />2,553,467.15
<br />186,218.00
<br />63,836.68
<br />122,381.32
<br />2,431,085.83
<br />15
<br />8/15/2018
<br />2,431,085.83
<br />186,218.00
<br />60,777.15
<br />125,440.85
<br />2,305,644.97
<br />16
<br />2/15/2019
<br />2,305,644.97
<br />186,218.00
<br />57,641.12
<br />128,576.88
<br />2,177,068.10
<br />17
<br />8115/2019
<br />2,177,068.10
<br />186,218.00
<br />54,426.70
<br />131,791.30
<br />2,045,276.80
<br />18
<br />2/15/2020
<br />2,045,276.80
<br />186,218.00
<br />51,131.92
<br />135,086.08
<br />1,910,190.72
<br />19
<br />811512020
<br />1,910,190.72
<br />186,218.00
<br />47,754.77
<br />138,463.23
<br />1,771,727.49
<br />20
<br />2/15/2021
<br />1,771,727.49
<br />186,218.00
<br />44,293.19
<br />141,924.81
<br />1,629,802.68
<br />21
<br />8/15/2021
<br />1,629,802.68
<br />186,218.00
<br />40,745.07
<br />145,472.93
<br />1,484,329.74
<br />22
<br />2/15/2022
<br />1,484,329.74
<br />186,218.00
<br />37,108.24
<br />149,109.76
<br />1,335,219.99
<br />23
<br />8/15/2022
<br />1,335,219.99
<br />186,218.00
<br />33,380.50
<br />152,837.50
<br />1,182,382.49
<br />24
<br />2/15/2023
<br />1,182,382.49
<br />186,218.00
<br />29,559.56
<br />156,658.44
<br />1,025,724.05
<br />25
<br />8/15/2023
<br />1,025,724.05
<br />186,218.00
<br />25,643.10
<br />160,574.90
<br />865,149.15
<br />26
<br />2/1512024
<br />865,149.15
<br />186,218.00
<br />21,628.73
<br />164,589.27
<br />700,559.88
<br />27
<br />8/15/2024
<br />700,559.88
<br />186,218.00
<br />17,514.00
<br />168,704.00
<br />531,855.88
<br />28
<br />2/15/2025
<br />531,855.88
<br />186,218.00
<br />13,296.40
<br />172,921.60
<br />358,934.27
<br />29
<br />8115/2025
<br />358,934.27
<br />186,218.00
<br />8,973.36
<br />177,244.64
<br />181,689.63
<br />30
<br />2/15/2026
<br />181,689.63
<br />186,231.87
<br />4,542.24
<br />181,689.63
<br />(0.00)
<br />Total 5,634,903.87 1,692,374.87 3,942,529.00
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