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Redwood City Recognized Obligation Payment Schedule (ROPS 16-17) - Notes July 1, 2016 through June 30, 2017 Item# I Notes/Comments _ _- - - - - _ - - - - - - _ _ __ _ _ _- �Loan between City/Agency-Loan origination date was June 2005. From loan origination through December 2011, interest was calculated and paid annually. There was no unpaid interest after December 2011. Beginning in 2009, principal was paid in semi-annual installments through December 2011, at which time the the principal balance was$2,269,544. A Finding of Completion was received in December 2015, allowing the Oversight Board to approve re-instatement of the loan principal balance. Per the Health and Safety Code, interest has been calculated from December 2011 through the estimated final payoff of June 2018 at a simple interest rate of 5&6 3� _ __ _ __ _ _ _ _ __ _ _ _ _ - - _ _ — - -_ _ _ _ _ _ - - I _ _ __ _ - - - - - - _ _ _ _ _ _ - - _ _� - _ _ . -- _ _ _ . �_ _ . - _ _ . . . - _ _ __ - - -� _ _ - _ _ -- � - - _ - _ _. _ __ _ _ _ _ _ -. - _� _ _ _ _ _ _ - _ _ _ I _ _ _ _ _ _ __ . . ___ _fi. . _ _ - _ _ - _ _ _ _ _ - - _ . __ _ __ - _ _ _ _ � _ _ __ _ - _ _ - - _ - i_ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _ — I _ _ _ _ _ _ _ _ _ _ _ _ __ _ _ _ - - __ __ _ _ - _ - - -- _- - _ _ __ _. _ -_ _ _ _ _ _ _ _ __ _ _ __ _ _ _ -- -- - - - - � __ __ _ _ _ - - - _ _ - - - _ _ __ - -__ _ -- _ _ _ ; ' -- _- -- _ __ _ _ _ -- - - - - _ _ ._ - - -_ _ � ---- _ _ . ---- ___ _ _ _ _