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MOORESVILLE (INDIANA) RED__ON
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<br /> SCHEDULE OF AMORTIZATION OF $155~000 OF OUTSTANDING
<br /> TAX INCREMENT REVENUE BONDS OF 1997
<br /> (Bonds dated September 16, 1997.)
<br /> [Molex Project]
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<br /> Mon/Yr of Principal Interest Principal & Bond Year
<br /> Maturity Balance Principal Rate Interest Interest Total
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<br /> Aug-03 $155,000 $10,000 6.10% $4,727.50 $14,727.50
<br /> Feb-04 145,000 10,000 6.10% 4,422.50 14,422.50 $29,150.00
<br /> Aug-04 135,000 15,000 6.10% 4,117.50 19,117.50
<br /> Feb-05 120,000 15,000 6.10% 3,660.00 18,660.00 37,777.50
<br /> Aug-05 105,000 20,000 6.10% 3,202.50 23,202.50
<br /> Feb-06 85,000 20,000 6.10% 2,592.50 22,592.50 45,795.00
<br /> Aug-06 65,000 20,000 6. ! 0% 1,982.50 21,982.50
<br /> Feb-07 45,000 20,000 6.10% 1,372.50 21,372.50 43,355.00
<br /> Aug-07 25,000 25,000 6.10% 762.50 25,762.50 25,762.50
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<br /> Totals $155,000 $26,840.00 $181,840.00 $181,840.00
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<br /> Redemption
<br />Optional Redemption Provisions for Bonds maturing on or after August 1, 2004: with Premium
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<br /> 100% if redeemed on Aug. 1, 2004 or thereafter; $120,000
<br /> not less than 30 days notice
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<br />Funds available on hand as of 11/24/2003 to call Outstanding Bonds:
<br /> General Account $230,758
<br /> Bond Reserve Account 25,197
<br /> Construction Account 9,911
<br /> Bond Principal and Interest Account
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<br /> Total $265,866
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<br /> PRELIMINARY DRAFT
<br /> For Review and Discussion
<br /> Prepared by: H.J. Umbaugh & Associates
<br /> December 9, 2003
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