2008 Water Rate and Fee Study - Lake Havasu City

LAKE HAVASU CITY, ARIZONA FILE: LHC.xls2008 WATER RATE AND FEE STUDY SCHEDULE: DEBTBOND SIZING - NON-GROWTH DATE: 5/4/2009RANGE: DEBT5Revenue BondsDESCRIPTIONBudget BaseProjectedFY 2008-09 FY 2009-10 FY 2010-11 FY 2011-12 FY 2012-13 FY 2013-14 FY 2014-15 FY 2015-16 FY 2016-17 FY 2017-18 FY 2018-19BOND SIZINGAmount to be Funded $0 $11,000,000 $0 $4,000,000 $0 $1,000,000 $0 $2,000,000 $0 $0 $0Issuance Costs 0 110,000 0 40,000 0 10,000 0 20,000 0 0 0Rounding Amount 0 0 0 0 0 0 0 0 0 0 0Total Bond Size $0 $11,110,000 $0 $4,040,000 $0 $1,010,000 $0 $2,020,000 $0 $0 $0DEBT SERVICE PAYMENT (1)FY 2008-09 SERIES $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0FY 2009-10 SERIES 445,748 891,495 891,495 891,495 891,495 891,495 891,495 891,495 891,495 891,495FY 2010-11 SERIES 0 0 0 0 0 0 0 0 0FY 2011-12 SERIES 162,090 324,180 324,180 324,180 324,180 324,180 324,180 324,180FY 2012-13 SERIES 0 0 0 0 0 0 0FY 2013-14 SERIES 40,523 81,045 81,045 81,045 81,045 81,045FY 2014-15 SERIES 0 0 0 0 0FY 2015-16 SERIES 81,045 162,090 162,090 162,090FY 2016-17 SERIES 0 0 0FY 2017-18 SERIES 0 0FY 2018-19 SERIES 0Total Proposed Debt Service $0 $445,748 $891,495 $1,053,585 $1,215,675 $1,256,198 $1,296,720 $1,377,765 $1,458,810 $1,458,810 $1,458,810(1) 1/2 Principal and Interest payment is due on yearissued.Page A - 11