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On December 18, 2000, the City Council, acting as the legislative body of the District, <br />adopted Resolution No. 14112 approving the issuance of the 2001 Bonds and approving certain <br />financing documents relating to the issuance of the 2001 Bonds. <br />On December , 2003, the City Council, acting as the legislative body of the <br />District, adopted Resolution No. approving the issuance of the 2003 Bonds and <br />approving certain financing documents relating to the issuance of the 2003 Bonds <br />Debt Service Schedule <br />The following table presents the annual debt service on the 2001 Bonds and 2003 Bonds <br />(including sinking fund redemptions), assuming that there are no optional redemptions. <br />Period Ending <br />( Sent. I <br />2003 <br />2004 <br />2005 <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br />2014 <br />2015 <br />2016 <br />2017 <br />2018 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br />2026 <br />2027 <br />2028 <br />2029 <br />2030 <br />2031 <br />2032 <br />2033 <br />2003 2003 <br />Bonds Bonds <br />Principal Interest <br />2003 2001 <br />Bonds Bonds <br />Total Total <br />$376,602.50 <br />377,402.50 <br />377,782.50 <br />377,722.50 <br />377,322.50 <br />376,635.00 <br />380,590.00 <br />379,010.00 <br />377,050.00 <br />379,700.00 <br />376,700.00 <br />378,202.50 <br />379,015.00 <br />379,025.00 <br />378,300.00 <br />376,820.00 <br />379,672.50 <br />376,562.50 <br />377,762.50 <br />378,100.00 <br />377,575.00 <br />381,187.50 <br />378,650.00 <br />380,250.00 <br />380,700.00 <br />2001 & 2003 <br />Bonds Total <br />Optional Redemption. At the option of the District, and subject to the limitations set forth <br />below, the 2003 Bonds shall be subject to redemption, in whole, or in part in the order of maturity <br />selected by the District and by lot within a maturity, on any Interest Payment Date on or after <br />-7- <br />