Meadow View @ Twin Creeks Community Development District
Approved Budget

FY 2021

May 21, 2019

Meadowview @ Twin Creeks Community Development District

TABLE OF CONTENTS

Summary  Revenues and Expenditures	Page 1-2 Narrative  –  Administrative and Maintenance	Page 3-10 Assessment Chart	Page 11
2016 Debt Service Fund	Page 12-14

2016B  Debt Service Fund	Page 15-16

2018  Debt Service Fund	Page 17-21

2019 Debt Service Fund	Page 22-26

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description	FY 2020	4/30/20	5 Months	9/30/20	FY 2021	

Revenues						
Developer Contributions	$716,009	$323,835	$231,974	$555,809	$660,328	
Assessments - Tax Roll	$202,720	$200,623	$2,097	$202,720	$487,341	
Assessments - Direct	$170,111	$127,583	$42,528	$170,111	$54,405	
Interest/Miscelleaneous Income	$0	$44	$25	$69	$50	
Facility Revenue	$0	$1,250	$1,500	$2,750	$0	
Total Revenues	$1,088,840	$653,335	$278,124	$931,459	$1,202,123	

Expenditures						
Administrative						
Engineering	$20,000	$15,466	$22,500	$37,966	$20,000	
Attorney	$30,000	$8,120	$21,880	$30,000	$30,000	
Annual Audit	$3,800	$1,000	$4,800	$5,800	$5,900	
Arbitrage	$1,800	$0	$2,400	$2,400	$3,000	
Assessment Roll	$5,000	$5,000	$0	$5,000	$5,000	
Dissemination Agent	$7,500	$4,375	$3,125	$7,500	$10,000	
Trustee Fee	$20,000	$11,431	$0	$11,431	$20,000	
Management Fees	$47,250	$27,563	$19,688	$47,250	$47,250	
Information Technology	$2,000	$1,167	$833	$2,000	$2,000	
Website Compliance	$1,200	$2,250	$0	$2,250	$1,200	
Telephone	$500	$215	$160	$375	$500	
Postage	$500	$474	$325	$799	$800	
Insurance	$9,000	$5,750	$0	$5,750	$7,425	
Printing & Binding	$4,000	$1,304	$2,185	$3,489	$4,000	
Legal Advertising	$3,000	$758	$2,000	$2,758	$3,000	
Other Current Charges	$2,500	$1,006	$250	$1,256	$1,500	
Office Supplies	$500	$79	$175	$254	$300	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Administrative Expenditures	$158,725	$86,133	$80,320	$166,454	$162,050	

AMENITY CENTER						
Utilities						
Telephone/Cable/Internet	$9,200	$5,192	$3,650	$8,842	$9,200	
Electric	$40,000	$19,332	$15,000	$34,332	$36,000	
Water/Irrigation	$20,000	$9,324	$6,650	$15,974	$20,000	
Gas	$1,500	$935	$500	$1,435	$1,500	
Trash Removal	$6,000	$1,182	$900	$2,082	$3,000	
Security						
Security Monitoring	$1,331	$1,244	$555	$1,799	$1,800	
Access Cards	$3,000	$313	$2,038	$2,350	$3,000	
Contracted Security	$20,000	$0	$0	$0	$20,000	
Management Contracts						
Facility Management	$125,000	$35,000	$25,000	$60,000	$125,000	
Pool Attendants	$48,000	$0	$25,000	$25,000	$48,000	
Canoe Launch Attendant	$28,800	$0	$4,800	$4,800	$28,800	
Snack Bar Attendant	$16,640	$0	$3,000	$3,000	$16,640	
Field Mgmt / Admin	$25,000	$11,667	$8,333	$20,000	$25,000	
Pool Maintenance	$30,000	$9,775	$6,825	$16,600	$20,000	
Pool Chemicals	$15,000	$5,235	$6,500	$11,735	$15,000	

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description	FY 2020	4/30/20	5 Months	9/30/20	FY 2021	

AMENITY CENTER CONT'
Janitorial	

$15,540	

$9,244	

$6,475	

$15,719	

$18,000	
Facility Maintenance	$15,000	$6,252	$8,748	$15,000	$15,000	
Repairs & Maintenance	$10,000	$20,303	$12,000	$32,303	$36,000	
New Capital Projects	$12,000	$1,206	$4,000	$5,206	$12,000	
Snack Bar Inventory- CGS	$1,000	$526	$474	$1,000	$1,000	
Food Service License	$500	$492	$0	$492	$500	
Rental and Leases	$27,691	$16,153	$11,538	$27,691	$27,691	
Subscriptions	$12,000	$2,988	$0	$2,988	$12,000	
Pest Control	$2,280	$1,330	$950	$2,280	$2,280	
Supplies	$2,000	$1,004	$996	$2,000	$2,000	
Towel/Linen Service	$0	$481	$672	$1,153	$2,000	
Furniture, Fixtures & Equipment	$0	$3,370	$0	$3,370	$5,000	
Special Events	$30,000	$18,839	$11,161	$30,000	$30,000	
Holiday Decorations	$9,000	$0	$9,000	$9,000	$9,000	
Fitness Center Repairs/Supplies	$2,000	$1,227	$600	$1,827	$2,000	
Office Supplies	$2,000	$328	$300	$628	$1,500	
ASCAP/BMI Licenses	$1,000	$0	$1,000	$1,000	$1,000	
Property Insurance	$30,000	$33,867	$0	$33,867	$36,533	
Performance Guaranty Bonds	$0	$7,201	$0	$7,201	$0	
Amenity Center Expenditures	$561,482	$224,011	$176,664	$400,675	$586,444	

Grounds Maintenance						
Hydrology Quality/Mitigation	$6,400	$0	$0	$0	$6,400	
Electric	$15,000	$4,939	$5,061	$10,000	$15,000	
Landscape Maintenance	$187,846	$124,936	$123,327	$248,263	$292,593	
Landscape Contingency	$25,000	$34,385	$0	$34,385	$25,000	
Lake Maintenance	$10,800	$4,500	$6,300	$10,800	$27,000	
Grounds Maintenance	$12,000	$1,824	$2,400	$4,224	$12,000	
Pump Repairs	$5,000	$12,612	$0	$12,612	$5,000	
Streetlighting	$22,000	$11,546	$9,000	$20,546	$22,000	
Streetlight Repairs	$5,000	$0	$0	$0	$5,000	
Irrigation Repairs	$7,500	$4,941	$2,559	$7,500	$7,500	
Miscellaneous	$5,000	$74	$926	$1,000	$5,000	
Contingency	$67,086	$4,913	$10,087	$15,000	$31,136	
Grounds Maintenance Expenditures	$368,633	$204,670	$159,660	$364,330	$453,629	
						
TOTAL EXPENDITURES	$1,088,840	$514,814	$416,644	$931,459	$1,202,123	
						
Excess Revenues/ Expenditures	$0	$138,521	($138,521)	$0	$0	

GENERAL FUND BUDGET FISCAL YEAR 2021

REVENUES:

Developer Contributions

The District will enter into a Funding Agreement with the Developer to Fund part of the General Fund expenditures for the Fiscal Year.

Assessments

The District will levy a non ad-valorem special assessment on all taxable property within the District to fund all of the General Operating Expenditures for the fiscal year.

EXPENDITURES:

Administrative:

Engineering

The District will contract with an engineering firm to provide general engineering services to the District,
e.g. attendance and preparation for monthly board meetings, review invoices, etc.

Attorney

The District will contract for legal counsel to provide general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District will contract with a licensed CPA firm to prepare the annual audit.

Arbitrage

The District is required to annually have an arbitrage rebate calculation on the District’s Series 2016 A- 1/A-2, 2016 B, 2018A-1/A-2, 2019 A-1/A-2 and 2020 Special Assessment Bonds. The District will contract with an independent certified public accounting firm to calculate the rebate liability and submit a report to the District.

Assessment Roll

The District has contracted with Governmental Management Services, LLC for the certification of the District’s annual maintenance and debt service assessments to the County Tax Collector

Dissemination Fees

The Annual Disclosure Report prepared by Governmental Management Services, LLC required by the Security and Exchange Commission in order to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Trustee Fees

The District’s Series 2016 A-1/A-2, 2016 B, 2018A-1/A-2, 2019 A-1/A-2, and 2020 Special Assessment Bonds are held by a Trustee with US Bank. The amount represents the fee for the administration of the District’s bond issue.

Management Fees

The District will contract for Management, Accounting and Administrative services as part of a Management Agreement with management company.

Vendor	Monthly	Annually	
Governmental Management Services	$	3,750	$	47,250	

Information Technology

The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Vendor	Monthly	Annually	
Governmental Management Services	$	167	$	2,000	

Website Compliance

Per Chapter 2014-22, Laws of Florida, all Districts must have a website by October 1, 2015 to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues.

Telephone

The cost of telephone and fax machine service.

Postage

The cost of mailing agenda packages, overnight deliveries, correspondence, and payments for the District.

Insurance

Represents the estimated cost for public officials and general liability insurance for the District provided by Florida Insurance Alliance.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, and etc. in a newspaper of general circulation.

Other Current Charges

Bank charges, amortization schedules, and any other miscellaneous expenses incurred during the year.

Office Supplies

Miscellaneous office supplies.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Amenity Center:

Telephone/Cable/Internet

The District will provide internet & cable television services for the Amenity Center through Comcast.

Contract	Monthly	Annual	
Comcast	$	729	$	8,745	
	$	38	$	455	
	$	767	$	9,200	

Electric
The cost of electric associated with the Recreation Facility provided by FPL.

Account #	Address	Monthly	Annual	
67216-50049	840 Beacon Lake Parkway	$	2,762	$	33,144	
	Contingency	238	2,856	
		$	3,000	$	36,000	

Water/Irrigation

Water, sewer and irrigation systems cost for the district provided by St Johns County Utility Department.

Account #	Address	 Monthly	Annual	
567190-135186	840 & 850 Beacon Lake Parkway	$	689	$	8,268	
	205 Concave Ln	$	700	$	8,400	
	Contingency for New Accounts	278	3,332	
		$	1,667	$	20,000	

Gas

The District has contracted with TECO and Florida Natural Gas to provide propane delivery for amenity center use.

Trash Removal

Cost of garbage disposal service will be provided by Republic Services for the District.

Security Monitoring

The District contracted with Atlantic Companies for security monitoring for the Amenity Center.

Contract	Monthly	Annual	
Atlantic Companies	$	111	$	1,331	
Contingency	$	39	$	469	
	$	150	$	1,800	

Access Cards

Represents the estimated cost for access cards purchased by the District’s Amenity Center.

Contracted Security

Represents the annual cost for private security services.

Facility Management

Cost to provide management services for the Amenity Center contracted by Riverside Management Services.

Pool Attendants

The District has contracted with Riverside Management Services, Inc. to provide pool lifeguards/or pool attendants during the operating season for the pool.

Canoe Launch Attendant

The District has contracted with Riverside Management Services, Inc. to provide canoe launch attendants during the operating season.

Snack Bar Attendant

The District has contracted with Riverside Management Services, Inc. to provide snack bar attendants during the operating season.

Field Management and Admin

The District will contract Riverside Management Services, Inc. for onsite field management of contracts for District Services such as landscaping, amenity & pool facilities, lake maintenance, etc.

Contract	Monthly	Annual	
Riverside Management	$	2,083	$	25,000	

Pool Maintenance

The estimated amount based on proposed contract with Riverside Management Services, Inc. to provide maintenance of the Amenity Center swimming pool.

Contract	Monthly	Annual	
Riverside Management	$	1,365	$	16,380	
Contingency	$	302	$	3,620	
	$	1,667	$	20,000	

Pool Chemicals

The estimated amount based on proposed contract with vendor to provide chemicals to maintain the Amenity Center swimming pool.

Janitorial

The estimated amount based on proposed contract with Riverside Management Services, Inc. to provide janitorial services for the Amenity Center.

Facility Maintenance

The estimated amount based on proposed contract with vendors to provide routine repairs and maintenance for the Amenity Center.

Repair & Maintenance

Regular maintenance and replacement cost incurred by the Amenity Center of the District.

New Capital Projects

The District will establish a fund for the renewal and replacement of District’s capital related facilities.

Snack Bar Inventory – CGS

Represents the estimated cost to purchase inventory for food or beverages in the event the District operates the snack bar.

Food Service License

Represents estimated annual cost to obtain licenses and permits to operate the snack bar and gourmet kitchen

Rental & Leases

Monthly fitness room lease payment to Municipal Asset Management in the amount of $2,307.62

Subscriptions

All annual subscriptions to include but not limited to Department of Economic Opportunity, Wellbeats, computer software, etc.

Pest Control

The District will contract for pest control services for amenity center.

Monthly	Annual
$	190	$	2,280

Contract
Turner Pest Control

Supplies

Represents the District expenses for amenity supplies purchased for the amenity center.

Towel/Linen Service

Represents the District expenses for the cleaning of towels and linen used by the amenity center.

Furniture, Fixtures & Equipment

Represents the District expenses for furniture, fixtures and equipment for the amenity center.

Special Events

Represents estimated costs for the District to host special events for the community throughout the Fiscal Year.

Holiday Decorations

Represents estimated costs for the District to decorate the amenity center throughout the Fiscal Year.

Fitness Center Repairs/Supplies

Represents estimated costs for the Fitness Center repairs of equipment, purchase of supplies, and preventative maintenance contract.

Office Supplies

Represents estimated cost for office supplies for the Amenity Center.

ASCAP/BMI Licenses

License fee required to broadcast music to the amenity center.

Property Insurance

The District's Property insurance policy is with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies. The amount budgeted represents the estimated premium for property insurance related to the Amenity Center.

Grounds Maintenance:

Hydrology Quality/Mitigation

Cost to preserve beneficial aquatic plants in the wetland mitigation area and control nuisance and exotic pest plant populations.

Electric

Electric cost billed to district by FPL for common area electric.

	Account #	Location	Monthly	Annual	
	51650-60509	45 Beacon Lake Pkwy # Pump	$	60	$	720	
	17096-40500	44 Beacon Lake Pkwy # Pump	$	420	$	5,040	
	08979-60506	333 Beacon Lake Pkwy # Pump	$	80	$	960	
	70640-86478	550 Beacon Lake Pkwy #FNTN	$	15	$	180	
	24276-26128	595 Convex Lane Lighting	$	15	$	180	
	05494-57141	246 Beacon Lake Pkwy #STOP	$	15	$	180	
	07100-57043	129 Charilie Way #LS	$	12	$	144	
	52485-29017	129 Charlie Way #Well	$	250	$	3,000	
	45848-73154	136 Charlie Way #Well	$	85	$	1,020	
	37599-46118	744 Windermere Way	$	-	$	-	
		Contingency	$	298	$	3,576	
			$	1,250	$	15,000	

Landscape Maintenance

Cost to maintain the common areas and amenity center of the District contracted with Yellowstone Landscape and West Orange Nurseries for the first 7 months of warranty period then contract for new phase will revert to Yellowstone for last 5 months for fiscal year.

Vendor	Description	Monthly	Annual	
Yellowstone Landscape	Landscape Maintenance	$	15,654	$ 187,846	
West Orange Nurseries	Landscape Maintenance	$	9,011	$	63,080	
Yellowstone Landscape	New Phase	$	8,333	$	41,667	
		$	32,999	$ 292,593	

Landscape Contingency

Other landscape costs that is not under contract which includes landscape light repairs and replacements.

Lake Maintenance

Cost to provide aquatic plant management for thirteen lakes within the District. Includes treatment of lakes with herbicides and technology to control vegetation, and trash disposal along banks and lakes.

Contract	Monthly	Annual	
Future Horizons Inc	$	900	$	10,800	
Additional Lakes	$	1,433	$	17,200	
	$	2,333	$	28,000	

Grounds Maintenance

Contracted staff for repairs and trash pick-up on District owned property.

Pump Repairs

Provision for pool pump repair or replacements as needed.

Streetlighting

FPL provides the District street lighting cost for the community. The amount is based upon the agreement plus estimated cost for fuel charges.

Account # 	Address	Monthly	Annual	
11082-69190	200 Twin Creeks Dr - SL	$	1,800	$	21,600	
	Contingency	33	400	
		$	1,833	$	22,000	

Streetlight Repairs

Estimated costs for street lighting and parking lot repairs and replacements.

Irrigation Repairs

Miscellaneous irrigation repairs and maintenance cost for the District.

Miscellaneous

Any unanticipated and unscheduled maintenance cost to the District.

Contingency

A contingency for any unanticipated and unscheduled cost to the District.

Meadow View at Twin Creek
Community Development District

Debt  Service Fund
Series 2016 A1

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description	FY 2020	4/30/20	5 Months	9/30/19	FY 2021	

Revenues						
Assessments  - Tax Roll	$443,376	$438,778	$4,598	$443,376	$443,376	
Interest Income	$1,000	$283	$165	$448	$500	
Carry Forward Surplus	$202,329	202,139	$0	$202,139	$202,439	
TOTAL REVENUES	$646,705	$641,201	$4,763	$645,964	$646,315	

Expenditures						
Interest - 11/01	$166,763	$166,763	$0	$166,763	$	164,287.50	
Interest - 05/01	$166,763	$0	$166,763	$166,763	$	164,287.50	
Principal - 05/01	$110,000	$0	$110,000	$110,000	$	115,000.00	
TOTAL EXPENDITURES	$443,525	$166,763	$276,763	$443,525	$443,575	
						
EXCESS REVENUES	$203,180	$474,438	($272,000)	$202,439	$202,740	

November 1, 2021 - Series 2016A-1	$161,700

DATE

BALANCE

PRINCIPAL

INTEREST

TOTAL

11/1/20	$	6,325,000.00		$	164,287.50	$	164,287.50	
5/1/21	$	6,325,000.00	$ 115,000.00	$	164,287.50		
11/1/21	$	6,210,000.00		$	161,700.00	$	440,987.50	
5/1/22	$	6,210,000.00	$ 120,000.00	$	161,700.00		
11/1/22	$	6,090,000.00		$	159,000.00	$	440,700.00	
5/1/23	$	6,090,000.00	$ 125,000.00	$	159,000.00		
11/1/23	$	5,965,000.00		$	156,187.50	$	440,187.50	
5/1/24	$	5,965,000.00	$ 130,000.00	$	156,187.50		
11/1/24	$	5,835,000.00		$	153,262.50	$	439,450.00	
5/1/25	$	5,835,000.00	$ 140,000.00	$	153,262.50		
11/1/25	$	5,695,000.00		$	150,112.50	$	443,375.00	
5/1/26	$	5,695,000.00	$ 145,000.00	$	150,112.50		
11/1/26	$	5,550,000.00		$	146,850.00	$	441,962.50	
5/1/27	$	5,550,000.00	$ 150,000.00	$	146,850.00		
11/1/27	$	5,400,000.00		$	143,475.00	$	440,325.00	
5/1/28	$	5,400,000.00	$ 160,000.00	$	93,225.00		
11/1/28	$	5,240,000.00		$	93,225.00	$	346,450.00	
5/1/29	$	5,240,000.00	$ 165,000.00	$	93,225.00		
11/1/29	$	5,075,000.00		$	93,225.00	$	351,450.00	
5/1/30	$	5,075,000.00	$ 175,000.00	$	93,225.00		
11/1/30	$	4,900,000.00		$	93,225.00	$	361,450.00	
5/1/31	$	4,900,000.00	$ 185,000.00	$	93,225.00		
11/1/31	$	4,715,000.00		$	93,225.00	$	371,450.00	
5/1/32	$	4,715,000.00	$ 195,000.00	$	93,225.00		
11/1/32	$	4,520,000.00		$	93,225.00	$	381,450.00	
5/1/33	$	4,520,000.00	$ 205,000.00	$	93,225.00		
11/1/33	$	4,315,000.00		$	93,225.00	$	391,450.00	
5/1/34	$	4,315,000.00	$ 215,000.00	$	93,225.00		
11/1/34	$	4,100,000.00		$	93,225.00	$	401,450.00	
5/1/35	$	4,100,000.00	$ 225,000.00	$	93,225.00		

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/1/35	$	3,875,000.00		$	93,225.00	$	411,450.00	
5/1/36	$	3,875,000.00	$ 235,000.00	$	93,225.00		
11/1/36	$	3,640,000.00		$	93,225.00	$	421,450.00	
5/1/37	$	3,640,000.00	$ 250,000.00	$	93,225.00		
11/1/37	$	3,390,000.00		$	93,225.00	$	436,450.00	
5/1/38	$	3,390,000.00	$ 260,000.00	$	93,225.00		
11/1/38	$	3,130,000.00		$	86,075.00	$	439,300.00	
5/1/39	$	3,130,000.00	$ 275,000.00	$	86,075.00		
11/1/39	$	2,855,000.00		$	78,512.50	$	439,587.50	
5/1/40	$	2,855,000.00	$ 290,000.00	$	78,512.50		
11/1/40	$	2,565,000.00		$	70,537.50	$	439,050.00	
5/1/41	$	2,565,000.00	$ 310,000.00	$	70,537.50		
11/1/41	$	2,255,000.00		$	62,012.50	$	442,550.00	
5/1/42	$	2,255,000.00	$ 325,000.00	$	62,012.50		
11/1/42	$	1,930,000.00		$	53,075.00	$	440,087.50	
5/1/43	$	1,930,000.00	$ 345,000.00	$	53,075.00		
11/1/43	$	1,585,000.00		$	43,587.50	$	441,662.50	
5/1/44	$	1,585,000.00	$ 365,000.00	$	43,587.50		
11/1/44	$	1,220,000.00		$	33,550.00	$	442,137.50	
5/1/45	$	1,220,000.00	$ 385,000.00	$	33,550.00		
11/1/45	$	835,000.00		$	22,962.50	$	441,512.50	
5/1/46	$	835,000.00	$ 405,000.00	$	22,962.50		
11/1/46	$	430,000.00		$	11,825.00	$	439,787.50	
5/1/47	$	430,000.00	$ 430,000.00	$	11,825.00	$	441,825.00	
$ 6,325,000.00	$	5,208,275.00	$	11,533,275.00	

Meadow View at  Twin Creek	Debt Service Fund Community Development District		Series 2016 B

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description	FY 2020	4/30/20	5 Months	9/30/19	FY 2021	

Revenues						
Special Assessments	$274,800	$137,400	$137,400	$274,800	$265,800	
Interest Income	$600	$159	$50	$209	$200	
Carry Forward Surplus	$138,886	287,846	$0	$287,846	$137,830	
TOTAL REVENUES	$414,286	$425,405	$137,450	$562,855	$403,830	

Expenditures

Series 2016 B
Interest - 11/01	$137,400	$137,400	$0	$137,400	$132,900	
Prepayment - 12/15	$0	$145,000	$0	$145,000	$0	
Interest - 12/15	$0	$0	$0	$0	$0	
Prepayment - 3/21	$0	$5,000	$0	$5,000	$0	
Interest - 3/21	$0	$75	$0	$75	$0	
Interest - 05/01	$137,400	$0	$137,400	$137,400	$132,900	
TOTAL EXPENDITURES	$274,800	$287,475	$137,400	$424,875	$265,800	

Other Sources/(Uses)
Interfund Transfer In/(Out)	

$0	

($150)	

$0	

($150)	

$0	
OTHER SOURCES AND USES	$0	($150)	$0	($150)	$0	
						
EXCESS REVENUES	$139,486	$137,780	$50	$137,830	$138,030	
November 1, 2021 - Series 2016B	$132,900

Meadowview at Twin Creeks
Community Development District
Series 2016B Special Assessment Bonds

AMORTIZATION SCHEDULE

DATE	BALANCE	RATE	PRINCIPAL  INTEREST	TOTAL

11/01/20	$ 4,430,000.00	6.000%		$	132,900.00	$	265,800.00	
05/01/21	$ 4,430,000.00	6.000%		$	132,900.00		
11/01/21	$ 4,430,000.00	6.000%		$	132,900.00	$	265,800.00	
05/01/22	$ 4,430,000.00	6.000%		$	132,900.00		
11/01/22	$ 4,430,000.00	6.000%		$	132,900.00	$	265,800.00	
05/01/23	$ 4,430,000.00	6.000%		$	132,900.00		
11/01/23	$ 4,430,000.00	6.000%		$	132,900.00	$	265,800.00	
05/01/24	$ 4,430,000.00	6.000%		$	132,900.00		
11/01/24	$ 4,430,000.00	6.000%		$	132,900.00	$	265,800.00	
05/01/25	$ 4,430,000.00	6.000%		$	132,900.00		
11/01/25	$ 4,430,000.00	6.000%		$	132,900.00	$	265,800.00	
05/01/26	$ 4,430,000.00	6.000%		$	132,900.00		
11/01/26	$ 4,430,000.00	6.000%	$ 4,430,000.00	$	132,900.00	$	265,800.00	
$ 4,430,000.00	$ 1,727,700.00	$ 1,860,600.00	

Meadow View at Twin Creek
Community Development District

Debt Service Fund
Series 2018 A1 - A2

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description	FY 2020	4/30/20	5 Months	9/30/19	FY 2021	

Revenues						
Assessments - Direct 2018-A1	$612,550	$397,108	$215,443	$612,550	$612,550	
Assessments - Direct 2018-A2	$520,960	$339,674	$181,286	$520,960	$423,880	
Interest Income	$1,500	$546	$240	$786	$500	
Prepayments	$0	$1,365,131	$0	$1,365,131	$0	
Carry Forward Surplus	$453,126	453,810	$0	$453,810	$423,247	
TOTAL REVENUES	$1,588,136	$2,556,267	$396,969	$2,953,236	$1,460,177	

Expenditures

Series 2018 A1
Interest - 11/01	$241,425	$241,425	$0	$241,425	$	238,663	
Interest - 05/01	$241,425	$0	$241,425	$241,425	$	238,663	
Principal - 05/01	$130,000	$0	$130,000	$130,000	$	135,000	

Series 2018 A2						
Interest - 11/01	$210,980	$210,980	$0	$210,980	$	169,120	
Interest - 05/01	$210,980	$0	$210,980	$210,980	$	169,120	
Principal - 05/01	$100,000	$0	$100,000	$100,000	$	85,000	
Principal - 05/01 (Prepayment)	$0	$0	$1,395,000	$1,395,000	$0	
TOTAL EXPENDITURES	$1,134,810	$452,405	$2,077,405	$2,529,810	$1,035,565	

Other Sources/(Uses)						
Interfund Transfer In/(Out)	
$0	
($119)	
($60)	
($179)	
$0	
TOTAL OTHER SOURCES AND USES	$0	($119)	($60)	($179)	$0	
						
EXCESS REVENUES	$453,326	$2,103,744	($1,680,497)	$423,247	$424,612	
		
November 1, 2021	
- Series 2018A-1		
$235,794	
		November 1, 2021	- Series 2018A-2		 	$166,740 	
		Total			 	$402,534 	

DATE

BALANCE

RATE

PRINCIPAL	INTEREST

TOTAL

11/1/20	$	8,825,000.00		$	238,662.50	$	238,662.50	
5/1/21	$	8,825,000.00	$	135,000.00	$	238,662.50		
11/1/21	$	8,690,000.00		$	235,793.75	$	609,456.25	
5/1/22	$	8,690,000.00	$	140,000.00	$	235,793.75		
11/1/22	$	8,550,000.00		$	232,818.75	$	608,612.50	
5/1/23	$	8,550,000.00	$	150,000.00	$	232,818.75		
11/1/23	$	8,400,000.00		$	229,631.25	$	612,450.00	
5/1/24	$	8,400,000.00	$	155,000.00	$	229,631.25		
11/1/24	$	8,245,000.00		$	226,337.50	$	610,968.75	
5/1/25	$	8,245,000.00	$	160,000.00	$	226,337.50		
11/1/25	$	8,085,000.00		$	222,337.50	$	608,675.00	
5/1/26	$	8,085,000.00	$	170,000.00	$	222,337.50		
11/1/26	$	7,915,000.00		$	218,087.50	$	610,425.00	
5/1/27	$	7,915,000.00	$	180,000.00	$	218,087.50		
11/1/27	$	7,735,000.00		$	213,587.50	$	611,675.00	
5/1/28	$	7,735,000.00	$	185,000.00	$	213,587.50		
11/1/28	$	7,550,000.00		$	208,962.50	$	607,550.00	
5/1/29	$	7,550,000.00	$	195,000.00	$	208,962.50		
11/1/29	$	7,355,000.00		$	204,087.50	$	608,050.00	
5/1/30	$	7,355,000.00	$	205,000.00	$	204,087.50		
11/1/30	$	7,150,000.00		$	198,962.50	$	608,050.00	
5/1/31	$	7,150,000.00	$	220,000.00	$	198,962.50		
11/1/31	$	6,930,000.00		$	192,912.50	$	611,875.00	
5/1/32	$	6,930,000.00	$	230,000.00	$	192,912.50		
11/1/32	$	6,700,000.00		$	186,587.50	$	609,500.00	
5/1/33	$	6,700,000.00	$	245,000.00	$	186,587.50		
11/1/33	$	6,455,000.00		$	179,850.00	$	611,437.50	
5/1/34	$	6,455,000.00	$	260,000.00	$	179,850.00		
11/1/34	$	6,195,000.00		$	172,700.00	$	612,550.00	
5/1/35	$	6,195,000.00	$	270,000.00	$	172,700.00		

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
11/1/35	$	5,925,000.00			$	165,275.00	$	607,975.00	
5/1/36	$	5,925,000.00		$	285,000.00	$	165,275.00		
11/1/36	$	5,640,000.00			$	157,437.50	$	607,712.50	
5/1/37	$	5,640,000.00		$	305,000.00	$	157,437.50		
11/1/37	$	5,335,000.00			$	149,050.00	$	611,487.50	
5/1/38	$	5,335,000.00		$	320,000.00	$	149,050.00		
11/1/38	$	5,015,000.00			$	140,250.00	$	609,300.00	
5/1/39	$	5,015,000.00		$	340,000.00	$	140,250.00		
11/1/39	$	4,675,000.00			$	130,900.00	$	611,150.00	
5/1/40	$	4,675,000.00		$	360,000.00	$	130,900.00		
11/1/40	$	4,315,000.00			$	120,820.00	$	611,720.00	
5/1/41	$	4,315,000.00		$	380,000.00	$	120,820.00		
11/1/41	$	3,935,000.00			$	110,180.00	$	611,000.00	
5/1/42	$	3,935,000.00		$	400,000.00	$	110,180.00		
11/1/42	$	3,535,000.00			$	98,980.00	$	609,160.00	
5/1/43	$	3,535,000.00		$	425,000.00	$	98,980.00		
11/1/43	$	3,110,000.00			$	87,080.00	$	611,060.00	
5/1/44	$	3,110,000.00		$	450,000.00	$	87,080.00		
11/1/44	$	2,660,000.00			$	74,480.00	$	611,560.00	
5/1/45	$	2,660,000.00		$	475,000.00	$	74,480.00		
11/1/45	$	2,185,000.00			$	61,180.00	$	610,660.00	
5/1/46	$	2,185,000.00		$	500,000.00	$	61,180.00		
11/1/46	$	1,685,000.00			$	47,180.00	$	608,360.00	
5/1/47	$	1,685,000.00		$	530,000.00	$	47,180.00		
11/1/47	$	1,155,000.00			$	32,340.00	$	609,520.00	
5/1/48	$	1,155,000.00		$	560,000.00	$	32,340.00		
11/1/48	$	595,000.00			$	16,660.00	$	609,000.00	
5/1/49	$	595,000.00		$	595,000.00	$	16,660.00	$	611,660.00	
			$ 8,825,000.00	$	9,106,262.50	$	17,931,262.50	

AMORTIZATION SCHEDULE

DATE	BALANCE

RATE	PRINCIPAL	INTEREST

TOTAL

11/01/20	$	6,040,000.00	5.600%		$	169,120.00	$	169,120.00	
05/01/21	$	6,040,000.00	5.600%	$	85,000.00	$	169,120.00		
11/01/21	$	5,955,000.00	5.600%		$	166,740.00	$	420,860.00	
05/01/22	$	5,955,000.00	5.600%	$	90,000.00	$	166,740.00		
11/01/22	$	5,865,000.00	5.600%		$	164,220.00	$	420,960.00	
05/01/23	$	5,865,000.00	5.600%	$	95,000.00	$	164,220.00		
11/01/23	$	5,770,000.00	5.600%		$	161,560.00	$	420,780.00	
05/01/24	$	5,770,000.00	5.600%	$	100,000.00	$	161,560.00		
11/01/24	$	5,670,000.00	5.600%		$	158,760.00	$	420,320.00	
05/01/25	$	5,670,000.00	5.600%	$	105,000.00	$	158,760.00		
11/01/25	$	5,565,000.00	5.600%		$	155,820.00	$	419,580.00	
05/01/26	$	5,565,000.00	5.600%	$	115,000.00	$	155,820.00		
11/01/26	$	5,450,000.00	5.600%		$	152,600.00	$	423,420.00	
05/01/27	$	5,450,000.00	5.600%	$	120,000.00	$	152,600.00		
11/01/27	$	5,330,000.00	5.600%		$	149,240.00	$	421,840.00	
05/01/28	$	5,330,000.00	5.600%	$	125,000.00	$	149,240.00		
11/01/28	$	5,205,000.00	5.600%		$	145,740.00	$	419,980.00	
05/01/29	$	5,205,000.00	5.600%	$	135,000.00	$	145,740.00		
11/01/29	$	5,070,000.00	5.600%		$	141,960.00	$	422,700.00	
05/01/30	$	5,070,000.00	5.600%	$	140,000.00	$	141,960.00		
11/01/30	$	4,930,000.00	5.600%		$	138,040.00	$	420,000.00	
05/01/31	$	4,930,000.00	5.600%	$	150,000.00	$	138,040.00		
11/01/31	$	4,780,000.00	5.600%		$	133,840.00	$	421,880.00	
05/01/32	$	4,780,000.00	5.600%	$	160,000.00	$	133,840.00		
11/01/32	$	4,620,000.00	5.600%		$	129,360.00	$	423,200.00	
05/01/33	$	4,620,000.00	5.600%	$	165,000.00	$	129,360.00		
11/01/33	$	4,455,000.00	5.600%		$	124,740.00	$	419,100.00	
05/01/34	$	4,455,000.00	5.600%	$	175,000.00	$	124,740.00		
11/01/34	$	4,280,000.00	5.600%		$	119,840.00	$	419,580.00	
05/01/35	$	4,280,000.00	5.600%	$	185,000.00	$	119,840.00		

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
11/01/35	$	4,095,000.00	5.600%		$	114,660.00	$	419,500.00	
05/01/36	$	4,095,000.00	5.600%	$	200,000.00	$	114,660.00		
11/01/36	$	3,895,000.00	5.600%		$	109,060.00	$	423,720.00	
05/01/37	$	3,895,000.00	5.600%	$	210,000.00	$	109,060.00		
11/01/37	$	3,685,000.00	5.600%		$	103,180.00	$	422,240.00	
05/01/38	$	3,685,000.00	5.600%	$	220,000.00	$	103,180.00		
11/01/38	$	3,465,000.00	5.600%		$	97,020.00	$	420,200.00	
05/01/39	$	3,465,000.00	5.600%	$	235,000.00	$	97,020.00		
11/01/39	$	3,230,000.00	5.600%		$	90,440.00	$	422,460.00	
05/01/40	$	3,230,000.00	5.600%	$	250,000.00	$	90,440.00		
11/01/40	$	2,980,000.00	5.600%		$	83,440.00	$	423,880.00	
05/01/41	$	2,980,000.00	5.600%	$	260,000.00	$	83,440.00		
11/01/41	$	2,720,000.00	5.600%		$	76,160.00	$	419,600.00	
05/01/42	$	2,720,000.00	5.600%	$	275,000.00	$	76,160.00		
11/01/42	$	2,445,000.00	5.600%		$	68,460.00	$	419,620.00	
05/01/43	$	2,445,000.00	5.600%	$	295,000.00	$	68,460.00		
11/01/43	$	2,150,000.00	5.600%		$	60,200.00	$	423,660.00	
05/01/44	$	2,150,000.00	5.600%	$	310,000.00	$	60,200.00		
11/01/44	$	1,840,000.00	5.600%		$	51,520.00	$	421,720.00	
05/01/45	$	1,840,000.00	5.600%	$	330,000.00	$	51,520.00		
11/01/45	$	1,510,000.00	5.600%		$	42,280.00	$	423,800.00	
05/01/46	$	1,510,000.00	5.600%	$	345,000.00	$	42,280.00		
11/01/46	$	1,165,000.00	5.600%		$	32,620.00	$	419,900.00	
05/01/47	$	1,165,000.00	5.600%	$	365,000.00	$	32,620.00		
11/01/47	$	800,000.00	5.600%		$	22,400.00	$	420,020.00	
05/01/48	$	800,000.00	5.600%	$	390,000.00	$	22,400.00		
11/01/48	$	410,000.00	5.600%		$	11,480.00	$	423,880.00	
05/01/49	$	410,000.00	5.600%	$	410,000.00	$	11,480.00		
11/01/49		5.600%		$	-	$	421,480.00	
$	6,040,000.00	$	6,349,000.00	$	12,389,000.00	

Meadow View at Twin Creek
Community Development District

Debt Service Fund
Series 2019 A1 - A2

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description	FY 2020	4/30/20	5 Months	9/30/19	FY 2021	

Revenues						
Assessments - Direct 2019 A1	$257,360	$167,284	$90,076	$257,360	$257,360	
Assessments - Direct 2019 A2	$315,630	$205,160	$110,471	$315,630	$315,630	
Interest Income	$500	$203	$102	$305	$200	
Cary Forward Surplus	$232,540	232,661	$0	$232,661	$235,755	
TOTAL REVENUES	$806,030	$605,308	$200,649	$805,956	$808,945	

Expenditures

Series 2019 A1
Interest - 11/01	$103,490	$103,490	$0	$103,490	$102,190	
Interest - 05/01	$103,490	$0	$103,490	$103,490	$102,190	
Principal - 05/01	$50,000	$0	$50,000	$50,000	$50,000	
Series 2019 A2 Interest - 11/01	

$129,050	

$129,050	

$0	

$129,050	

$127,455	
Interest - 05/01	$129,050	$0	$129,050	$129,050	$127,455	
Principal - 05/01	$55,000	$0	$55,000	$55,000	$60,000	
TOTAL EXPENDITURES	$570,080	$232,540	$337,540	$570,080	$569,290	

Other Sources/(Uses)						
Interfund Transfer In/(Out)	$0	($76)	($45)	($121)	$0	
TOTAL OTHER SOURCES AND USES	$0	($76)	($45)	($121)	$0	
						
EXCESS REVENUES	$235,950	$372,691	($136,937)	$235,755	$239,655	

November 1, 2021 - Series 2019A-1	
$100,890	
November 1, 2021 - Series 2019A-2	 	$125,715 	
Total	 	$226,605 	

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL

11/1/20	$	3,610,000.00		$	102,190.00	$	102,190.00	
5/1/21	$	3,610,000.00	$	50,000.00	$	102,190.00		
11/1/21	$	3,560,000.00		$	100,890.00	$	253,080.00	
5/1/22	$	3,560,000.00	$	55,000.00	$	100,890.00		
11/1/22	$	3,505,000.00		$	99,460.00	$	255,350.00	
5/1/23	$	3,505,000.00	$	60,000.00	$	99,460.00		
11/1/23	$	3,445,000.00		$	97,900.00	$	257,360.00	
5/1/24	$	3,445,000.00	$	60,000.00	$	97,900.00		
11/1/24	$	3,385,000.00		$	96,340.00	$	254,240.00	
5/1/25	$	3,385,000.00	$	65,000.00	$	96,340.00		
11/1/25	$	3,320,000.00		$	94,650.00	$	255,990.00	
5/1/26	$	3,320,000.00	$	65,000.00	$	94,650.00		
11/1/26	$	3,255,000.00		$	92,960.00	$	252,610.00	
5/1/27	$	3,255,000.00	$	70,000.00	$	92,960.00		
11/1/27	$	3,185,000.00		$	91,140.00	$	254,100.00	
5/1/28	$	3,185,000.00	$	75,000.00	$	91,140.00		
11/1/28	$	3,110,000.00		$	89,190.00	$	255,330.00	
5/1/29	$	3,110,000.00	$	80,000.00	$	89,190.00		
11/1/29	$	3,030,000.00		$	87,110.00	$	256,300.00	
5/1/30	$	3,030,000.00	$	85,000.00	$	87,110.00		
11/1/30	$	2,945,000.00		$	84,900.00	$	257,010.00	
5/1/31	$	2,945,000.00	$	90,000.00	$	84,900.00		
11/1/31	$	2,855,000.00		$	82,335.00	$	257,235.00	
5/1/32	$	2,855,000.00	$	95,000.00	$	82,335.00		
11/1/32	$	2,760,000.00		$	79,627.50	$	256,962.50	
5/1/33	$	2,760,000.00	$ 100,000.00	$	79,627.50		
11/1/33	$	2,660,000.00		$	76,777.50	$	256,405.00	
5/1/34	$	2,660,000.00	$ 105,000.00	$	76,777.50		
11/1/34	$	2,555,000.00		$	73,785.00	$	255,562.50	
5/1/35	$	2,555,000.00	$ 110,000.00	$	73,785.00		

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
11/1/35	$	2,445,000.00			$	70,650.00	$	254,435.00	
5/1/36	$	2,445,000.00		$ 115,000.00	$	70,650.00		
11/1/36	$	2,330,000.00			$	67,372.50	$	253,022.50	
5/1/37	$	2,330,000.00		$ 125,000.00	$	67,372.50		
11/1/37	$	2,205,000.00			$	63,810.00	$	256,182.50	
5/1/38	$	2,205,000.00		$ 130,000.00	$	63,810.00		
11/1/38	$	2,075,000.00			$	60,105.00	$	253,915.00	
5/1/39	$	2,075,000.00		$ 140,000.00	$	60,105.00		
11/1/39	$	1,935,000.00			$	56,115.00	$	256,220.00	
5/1/40	$	1,935,000.00		$ 145,000.00	$	56,115.00		
11/1/40	$	1,790,000.00			$	51,910.00	$	253,025.00	
5/1/41	$	1,790,000.00		$ 155,000.00	$	51,910.00		
11/1/41	$	1,635,000.00			$	47,415.00	$	254,325.00	
5/1/42	$	1,635,000.00		$ 165,000.00	$	47,415.00		
11/1/42	$	1,470,000.00			$	42,630.00	$	255,045.00	
5/1/43	$	1,470,000.00		$ 175,000.00	$	42,630.00		
11/1/43	$	1,295,000.00			$	37,555.00	$	255,185.00	
5/1/44	$	1,295,000.00		$ 185,000.00	$	37,555.00		
11/1/44	$	1,110,000.00			$	32,190.00	$	254,745.00	
5/1/45	$	1,110,000.00		$ 195,000.00	$	32,190.00		
11/1/45	$	915,000.00			$	26,535.00	$	253,725.00	
5/1/46	$	915,000.00		$ 210,000.00	$	26,535.00		
11/1/46	$	705,000.00			$	20,445.00	$	256,980.00	
5/1/47	$	705,000.00		$ 220,000.00	$	20,445.00		
11/1/47	$	485,000.00			$	14,065.00	$	254,510.00	
5/1/48	$	485,000.00		$ 235,000.00	$	14,065.00		
11/1/48	$	250,000.00			$	7,250.00	$	256,315.00	
5/1/49	$	250,000.00		$ 250,000.00	$	7,250.00	$	257,250.00	
$ 3,610,000.00	$	3,894,605.00	$	7,504,605.00	

AMORTIZATION SCHEDULE

DATE	BALANCE	RATE	PRINCIPAL

INTEREST

TOTAL

11/01/20	$4,395,000.00	5.800%		$	127,455.00	$	127,455.00	
05/01/21	$4,395,000.00	5.800%	$	60,000.00	$	127,455.00		
11/01/21	$4,335,000.00	5.800%		$	125,715.00	$	313,170.00	
05/01/22	$4,335,000.00	5.800%	$	65,000.00	$	125,715.00		
11/01/22	$4,270,000.00	5.800%		$	123,830.00	$	314,545.00	
05/01/23	$4,270,000.00	5.800%	$	70,000.00	$	123,830.00		
11/01/23	$4,200,000.00	5.800%		$	121,800.00	$	315,630.00	
05/01/24	$4,200,000.00	5.800%	$	70,000.00	$	121,800.00		
11/01/24	$4,130,000.00	5.800%		$	119,770.00	$	311,570.00	
05/01/25	$4,130,000.00	5.800%	$	75,000.00	$	119,770.00		
11/01/25	$4,055,000.00	5.800%		$	117,595.00	$	312,365.00	
05/01/26	$4,055,000.00	5.800%	$	80,000.00	$	117,595.00		
11/01/26	$3,975,000.00	5.800%		$	115,275.00	$	312,870.00	
05/01/27	$3,975,000.00	5.800%	$	85,000.00	$	115,275.00		
11/01/27	$3,890,000.00	5.800%		$	112,810.00	$	313,085.00	
05/01/28	$3,890,000.00	5.800%	$	90,000.00	$	112,810.00		
11/01/28	$3,800,000.00	5.800%		$	110,200.00	$	313,010.00	
05/01/29	$3,800,000.00	5.800%	$	95,000.00	$	110,200.00		
11/01/29	$3,705,000.00	5.800%		$	107,445.00	$	312,645.00	
05/01/30	$3,705,000.00	5.800%	$	100,000.00	$	107,445.00		
11/01/30	$3,605,000.00	5.800%		$	104,545.00	$	311,990.00	
05/01/31	$3,605,000.00	5.800%	$	105,000.00	$	104,545.00		
11/01/31	$3,500,000.00	5.800%		$	101,500.00	$	311,045.00	
05/01/32	$3,500,000.00	5.800%	$	115,000.00	$	101,500.00		
11/01/32	$3,385,000.00	5.800%		$	98,165.00	$	314,665.00	
05/01/33	$3,385,000.00	5.800%	$	120,000.00	$	98,165.00		
11/01/33	$3,265,000.00	5.800%		$	94,685.00	$	312,850.00	
05/01/34	$3,265,000.00	5.800%	$	130,000.00	$	94,685.00		
11/01/34	$3,135,000.00	5.800%		$	90,915.00	$	315,600.00	
05/01/35	$3,135,000.00	5.800%	$	135,000.00	$	90,915.00		

DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL	
11/01/35	$3,000,000.00	5.800%		$	87,000.00	$	312,915.00	
05/01/36	$3,000,000.00	5.800%	$	145,000.00	$	87,000.00		
11/01/36	$2,855,000.00	5.800%		$	82,795.00	$	314,795.00	
05/01/37	$2,855,000.00	5.800%	$	150,000.00	$	82,795.00		
11/01/37	$2,705,000.00	5.800%		$	78,445.00	$	311,240.00	
05/01/38	$2,705,000.00	5.800%	$	160,000.00	$	78,445.00		
11/01/38	$2,545,000.00	5.800%		$	73,805.00	$	312,250.00	
05/01/39	$2,545,000.00	5.800%	$	170,000.00	$	73,805.00		
11/01/39	$2,375,000.00	5.800%		$	68,875.00	$	312,680.00	
05/01/40	$2,375,000.00	5.800%	$	180,000.00	$	68,875.00		
11/01/40	$2,195,000.00	5.800%		$	63,655.00	$	312,530.00	
05/01/41	$2,195,000.00	5.800%	$	190,000.00	$	63,655.00		
11/01/41	$2,005,000.00	5.800%		$	58,145.00	$	311,800.00	
05/01/42	$2,005,000.00	5.800%	$	205,000.00	$	58,145.00		
11/01/42	$1,800,000.00	5.800%		$	52,200.00	$	315,345.00	
05/01/43	$1,800,000.00	5.800%	$	215,000.00	$	52,200.00		
11/01/43	$1,585,000.00	5.800%		$	45,965.00	$	313,165.00	
05/01/44	$1,585,000.00	5.800%	$	230,000.00	$	45,965.00		
11/01/44	$1,355,000.00	5.800%		$	39,295.00	$	315,260.00	
05/01/45	$1,355,000.00	5.800%	$	240,000.00	$	39,295.00		
11/01/45	$1,115,000.00	5.800%		$	32,335.00	$	311,630.00	
05/01/46	$1,115,000.00	5.800%	$	255,000.00	$	32,335.00		
11/01/46	$ 860,000.00	5.800%		$	24,940.00	$	312,275.00	
05/01/47	$ 860,000.00	5.800%	$	270,000.00	$	24,940.00		
11/01/47	$ 590,000.00	5.800%		$	17,110.00	$	312,050.00	
05/01/48	$ 590,000.00	5.800%	$	285,000.00	$	17,110.00		
11/01/48	$ 305,000.00	5.800%		$	8,845.00	$	310,955.00	
05/01/49	$ 305,000.00	5.800%	$	305,000.00	$	8,845.00	$	313,845.00	
			$	4,395,000.00	$	4,810,230.00	$	9,205,230.00