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Letter of Agreement for Purchase
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Letter of Agreement for Purchase
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Last modified
10/1/2013 11:35:05 AM
Creation date
10/1/2013 11:35:04 AM
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Template:
Agreement
Contractor Name
Compass Bank
PROJECT NAME
Letter of Agreement for Purchase
RMP File Number
505
Date
5/29/2013
Reso Ref
15264 and PFA 13-03
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EXHIBIT A <br /> SCHEDULE OF LEASE PAYMENTS <br /> Lease Total <br /> Payment Principal Interest Lease <br /> Date Component Component�l� Payment <br /> 1/15/2014 $324,741.81 $31,710.00 $356,451.81 <br /> 7/15/2014 327,193.60 22,916.20 350,109.80 <br /> 1/15/2015 329,663.91 20,445.89 350,109.80 <br /> 7/15/2015 332,152.88 17,956.93 350,109.81 <br /> 1/15/2016 334,660.63 15,449.17 350,109.80 <br /> 7/15/2016 337,187.32 12,922.48 350,109.80 <br /> 1/15/2017 339,733.08 10,376.72 354,109.80 <br /> 7/15/2017 342,298.07 7,811.73 350,109.80 <br /> 1/15/2018 344,882.42 5,227.38 350,109.80 <br /> 7/15/2018 347,486.28 2,623.52 350,109.80 <br /> TOTAL $3,360,000.00 $147,440.02 $3,507,440.02 <br /> (1) Applicable interest rate is 1.51% per annum. Default rate of 6.51% per annum if Lease <br /> Payment not made within ten(10) days of the applicable Lease Payment Date. <br /> A-1 <br />
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