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CorrespondenceCharles A. Harball Office of City Attorney City Attorney 312 First Avenue East P.O. Box 1997 Kalispell, MT 59903-1997 Date: January 25, 2006 To: James Patrick, City Manager From: Charles Harball, City Attorne 1 Subject: Easement Document from DNRC for Fire Station. Tel 406.758.7708 Fax 406.758.7771 charball@kalispell.com Paragraph 7 of page 2 of the easement document gives me considerable heartburn. This is the paragraph in which the City agrees to indemnify the State for past and present hazardous wastes upon the property. The history of this school trust property was that it was leased out by the State for agricultural purposes. Unfortunately, agricultural purposes are notorious for leaving hazardous waste surprises behind. In my opinion, the City should not be taking on this unknown burden on its own. From a public policy standpoint, the State, which is in the better position to spread the risk across a larger population, should bear the risk of historical liabilities, rather than the local government with a much smaller population. DEPAR7 TENT OF NATURAL RESC JRCES AND CONSERVATION BRIAN SCHWEITZER, GOVERNOR -STATE OF MONTANA NORTHWESTERN LAND OFFICE 2250 HIGHWAY 93 NORTH KALISPELL, NIT 59901-2557 James H. Patrick Kalispell City Manager City of Kalispell P.O. Box 1997 Kalispell, MT. 59903-1997 Dear Jim, Telephone: (406) 751-2240 FAX: (406) 751-2288 Enclosed please find the right of way deed from State of Montana to City of Kalispell for a municipal fire station and satellite police workstation, including a public access road, bicycle path and buried utilities. Please review this instrument. If you have any questions or concerns with this draft, please feel free to contact me at 751-2256 or e-mail at nkuennen@mt.gov. If you find it acceptable as is, please executed the Accepted and Approved blanks found on page three. Applicant is City of Kalispell. It is my understanding that you have signatory authority to execute for the City of Kalispell. If executed, please mail to: DNRC Northwestern Land Office 2250 Hwy 93 North Kalispell, MT. 59901 Attention: Nonn Kuennen Thank you for your attention to this matter and your patience. Sincerely, Norm Kuennen Northwestern Land Office Right -of -Way Specialist KALISPELL OFFICE 2250 Highway 93 North Kalispell, MT 59901-2557 Telephone (406) 751-2241 Fax (406) 751-2288 PLAINS OFFICE PO Box 219 Plains, MT 59859-0219 Telephone (406) 826-3851 Fax (406)826-5785 POLSON FIELD OFFICE PO Box 640 Polson, MT 59860-0640 Telephone (406) 883-3960 Fax (406) 883-1874 LIBBY UNIT 14096 US Highway 37 Libby, MT 59923-9347 Telephone (406) 293-2711 Fax (406) 293-9307 STILLWATER STATE FOREST PO Box 164 Olney, MT 59927-0164 Telephone (406) 881-2371 Fax (406) 881-2372 SWAN STATE FOREST 58741 Highway 83 South Swan Lake, MT 59911 Telephone (406) 754-2301 Fax (406) 754-2884 AN EQUAL OPPORTUNITY EMPLOYER" City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 - Telephone (406)758-7700 Fax (406)758-7758 March 21, 2006 Morrison Maierle, Inc. Bill Buxton 1228 Whitefish Stage Road Kalispell, MT 59901 Re: Final Plat — Kalispell Fire Station No. 62 Dear Mr. Buxton: The Kalispell City Council, at its regular meeting last evening, approved the final plat for Kalispell Fire Station No. 62. Please let me know if you need additional information. Sincerely, Theresa White City Clerk cc: Department of Natural Resources, 1625 111' Avenue, Helena, MT 59620 Department of Natural Resources, 2250 Highway 93 North, Kalispell, MT 59901 Tom Jentz, Kalispell Planning Department, 17 2nd Street East, Suite 211, Kalispell, MT 59901 I-ALIT'"PELL FIRE DEPA7TIVIENT Randy Brodehl - Fire Chief Daniel Diehl — Assistant Chief/Operations 5/1812005 TO: FROM: SUBJECT: MEETING DATE - Mayor Pamela B. Kennedy and Kalispell City Council Randy Brodehl, Fire Chief James H. Patrick, City Manager Fire Station No. 62 bid acceptance 312 First Avenue East Kalispell, Montana 59901 (406)758-7760 FAX: (406) 758-7952 BACKGROUND: On May 17, 2005, the City of Kalispell opened bids for Fire Station No. 62, the fire sub -station to be built at the north end of the City. We received three bids as follows: Base Bid Alternate 1 Alternate 2 Alternate 3 Solid Surface Counters Additional Ice melt contingency concrete surfaces Swank Enterprises $2,385,000 $31,000 $100,000 $28,500 Martel Construction $2,295,000 $22,500 $100,000 $27,000 Kramer Enterprises $2,420,000 $22,600 $100,000 $28,000 The bids from Swank Enterprises and Martel Construction were in order. The bid from Kramer Enterprises was not complete. Including Alternate #3, and excluding Alternates #1 and #2, the low bid is approximately $650.00 below the $2,322,650 budgeted for the construction portion of the project. Staff recommends award of Kalispell Fire Station #62 construction project to Martel Construction based on their low base bid of $2,295,000, plus Alternate #3 for $27,000. ACTION REQUESTED: At City Council Meeting of May 23, 2005, motion to approve the award of the Kalispell Fire Station #62 contract to Martel Construction. Fiscal effects: Expenditure of $2,322,000 from the budgeted funds for this project to Martel Construction of Kalispell, Respectfully submitted, Rand" Br z 6hl, Fire Chief Janes H. Patrick, City Manager w CNII ECT UAC ywSt :.R PId C,'I:1NG INTE,t'0i5 bos'.N G.Co May 18, 2005 RE: Kalispell Fire Station #62 Architect's Project No. 0420 Dear Chief Brodehl: After receiving the bids yesterday I have spent time reviewing not only the bid numbers but also the bonds and qualification statements included. I have discussed with Cole + Russell Architects where the bids came in and compared it to our budget. After further review of the budget it is my recommendation that Martel Construction should be awarded the bid as the bid falls within our budget and Martel's qualifications meet the standards set forth in our specification manual. Should you have any questions regarding the bids, budget or process please feel free to contact me at your convenience. Sincerely, _ T/rT— Chad E. Grover, AiA p cc: file GROVER + COMPANY P.O. BOX 4652 WHITFF6H, MT 59937 406.249.7Q66 406.862.3058 FAX chua(c-aro,Nrcn ", City of Kalispell host office Box ' 99,i - Kalispell, Nloma na 59903-1997 -Telephone f.40 )73n-7 00 Fax (406)758-7758 REPORT TO: Mayor Kennedy and City Council Members FROM: Array Robertson, Finance Director James .Patrick, City Manager SUBJECT: $3,000,000 G. O. Bond - Fire Station 62 MEETING DATE: March 7, 2005 BACKGROUND: This resolution, prepared by Dorsey Whitney,LLP, authorizes issuance and calls for the public sale of $3,000,000 in City General Obligation Bonds for construction of Fire Station #62. The bonds were authorized by the voters November 2, 2004. The bond sale will be held March 21" 2005 at 12 noon. Bids will be accepted electronically at that time. Council will award the bid at the regular March 2 1 " meeting at 7 pm. RECOMMENDATION: Adoption of Resolution calling for the Sale of Bonds. FISCAL EFFECT'S: Total new revenue is $ 3,000,000, ALTERNATIVES: None. Amy Robertson Finance Director Report compiled: March 1, 2005 '\J Jaines Patric City Manager r KALISPELL FIRE DEPAWMENT Randy Brodebl - Fire Chief Jinn Stewart - Assistant Chief/Prevention Dee McCIuskey — Assistant Chief/Operations Date 8/10/2004 REPORT Honorable Mayor and City Council FROM Randy Brodehl, Fire Chief SUBJECT North Fire Station General Bond Resolution MEETING DATE 8/16/2004 PO Box 1997 312 First Avenue East Kalispell, Montana 59903-1997 (406)758-7760 FAX: (406) 758-7952 BACKGROUND_: The City of Kalispell has recognized the need for a fire station at the north end of the city for matey years. Using data from the National Fire Protection Association and the Insurances Services Offices, a site near the intersection of Four Mile Drive and Highway 93 North has been confirmed as the best location for this facility. On March 15d', Council selected a team of designers who provided the design and project plan at a council workshop on August 2"d, 2004. As directed by Council, attached is a resolution for a general obligation bond levy to be placed on the ballot for the November 2"d, 2004 election. The bond will be for the purchase of land and the construction of a fire sub -station near the intersection of pour Mile Drive and Highway 93 North, Total cost of this project is anticipated to be $3,000,000.00. This will include all costs associated with purchase of property, the construction of a fire sub -station, and needed equipment to make this facility functional. RECOMMENDATIONS: Council votes in favor of Resolution 4918, placing this general obligation bond before the voters on the November 2"d, 2004, ballot. id rodehl, fire Chief Chris Kukulski, City Manager "Assisting our community in reducing, preventing, and mitigating emergencies. " Loan Amortization Fire Station with land but without additions Principal Balance $3T 100,000.00 Interest Rate (semi-annual) 2.25% Repayment Term 15 yrs 30 Semi -,'Umual Payment 1". $143,42 17,96 Balance Year Interest Principal $3,100,000.00 July 1, 2005 $69,750.00 473,467.96 $3,026.532.04 January 1, 2006 $68,096.97 -$75,120.99 $2,95 1 ,41 1,05 July 1, 2006 $66,406.75 -$76,811.21 $2,874,599.84 January 1, 2007 $64,678.50 478,539.46 $2,796,060.37 July 1, 2007 $62,911 .36 480,306,60 $2,715,753.77 January 1, 2008 $61,104.46 482,11150 $2,633,640.27 July 1, 2008 $59,256,91 483,961.05 $2,549,679.22 January 1, 2009 $57,3367.78 -$85,850.18 $2,463,829.04 July 1, 21009 $55,4336.15 -$87,781.81 $2,376,047.23 January 1, 2010 $53,461.06 489,756.90 $2,286,290.33 July 1, 2010 $51,441 ,53 491,776.43 $2,194,5130.90 January 1, 2011 $49,376.56 -$93,841.40 $2,100,672.51 July 1, 2011 $47,265. 1 35 495,952.83 $2,004,719.68 January 1, 2012 $45,106.19 -$98,111-77 $1,906,607.91 July 1, 2012 $42,898.68 AN 100,3 19.2 9 $1,806,288.62 January 1, 2013 $40,641.49 4102,576.47 $1,703,712.16 July 1, 2013 ) $38,333.52 4104,884.44 $1,598,827.72 January 1, 2014 $35,973.62 4107,244-334 $1,491,583,38 July 1, 2014 $33,560,63 4109,657333 $1,381,926,05 January 1, 2015 $31,093.34 -$112,124.62 $1,269,801.42 July 1, 2015 $29,570.53 -$114,647.43 $1,155,154.00 January 1, 2016 $25,990.96 -$117,227.00 $1,037,927.00 July 1, 2016 $23,353.36 411064.60 $919,062.40 January 1, 2017 $20,656.40 -$122,561.56 $795,500.84 July 1, 2017 $17,898.77 41215,319.19 $670,181.65 January 1, 2018 $15,079.09 -$128,138.87 $542,042.77 July 1, 2018 $12,195.96 -$131,022.00 $411,020.78 January 1, 2019 $9,247.97 -$133,969.99 $277,050.78 July 1, 2019 $6,233.64 -$136,984.32 $140,066.47 January 1, 2020 $3,151.50 -$140,066.47 WOO $1,196,538.82 -S3.100,000M $143.217.96 $143.217.96 $286,4335.92 mill value $26,914 10.6426 KALISPELL FIRE DEPARMENT Randv Brodehl -F ire Chief Jim Stewart - Assistant Chief/Prevention Dee McCloskey - Assistant Chief/Operations Date 8/5/2004 REPORT Honorable Mayor and City Council FROM Randy Brodehl, Fire Chief SU13JECT Fire Station 62 Workshop Presentation MEETING DATE 8/9/2004 PO Box 1997 312 First Avenue East Kalispell, Montana 59903-1997 (406)758-7760 FAX: (406) 758-7952 BACKGROUND: Grover and Co., and Cole + Russell Architects presented information to Council on 8/2/2004 regarding the construction of Fire Station 62, a fire sub -station covering the northern portion of Kalispell. During the presentation, several options were discussed and may need further discussion: • Increasing the Community/Training Room to seat 60 people-$150,000 • Including a ladder truck in the bond-$750,000 Bond payoff period-10 years, 15 years, 20 years Criteria for property selection -Cost, best use, availability August 19`h is the last day to submit documents for general obligation bonds to the county for the November general election. Should Council decide to put this before the voters as a general obligation bond, a resolution will be presented to Council for approval at the August 16, 2004 council meeting. RECOMMENDATIONS: Council gives direction to staff regarding the training room size, the inclusion of a ladder truck, ehl, Fire Chief Chris Kukulski, City Manager "Assisting our community in reducing, preventing, and mitigating emergencies_ " LoanAmortization-firestatiion Fire Station without additions Principal Balance Interest Rate (semi-annua) Repayment Term 10 yrs Semi - Annual Pavxnent Year July 1, 2005 January 1, 2006 July 1, 2006 January 1, 2007 July 1, 2007 January 1, 2008 July 1, 2008 January 1, 2009 July 1, 2009 January 1, 2010 July 1, 2010 January 1, 2011 July 1, 2011 January 1, 2012 July 1, 2012 January 1, 2013 July 1, 2013 January 1, 2014 July 1, 2014 January 1, 2015 Interest $60,750.00 $58,311.37 $55,817.87 $53,268.27 $50,661.30 $47,995.67 $45,270,07 $42,483.14 $39,633.50 $36,719.75 $33,740.44 $30,694.09 $27,579,20 $24,394.23 $21,137,59 $17,807,68 $14,402.85 $10,921.41 $7,361.64 $3,721.77 Principal 4108,383.59 $110,822.22 -$113,315.72 -$115,86533 4118,472.30 -$121,137.92 -$123,863.53 -$126,650.45 -$129,500.09 4132,413.84 -$135,393.15 -$138,439.50 -$141,554.39 -$144,739.36 -$147,996.00 4151,325.91 -$154,730.74 -$158,212.18 4161,771.96 -$165,411.83 $682.671.82-$2,700,000.00 $2,700,000.00 2.25% 20 aK133 59) Balance $2,700,000.00 $2,591.616.41 $2,480,794.19 $2,367,478.47 $2,251,613.14 $2,133,140.84 $2,012,002.92 $1,888,139.40 $1,761,488.94 $1,631,988.85 $1,499,575.01 $1,364,181.86 $1,225,742.36 $1,084,187.97 $939,448.61 $791,452.61 $640,126.70 $485,395.96 $327,183.78 $165,411.93 $0.00 $169,133,59 $169,133.59 $338,267.18 mill value $26,914 12.5694 Loan Amortization Fire Station without additions Principal Balance $2,700,000.00 Interest Rate (semi-annual) 2.25% Repayment Term 15 yrs N Semi - Annual Payment 241 , 73, S. _222; Balance Year Interest Principal $2,700,000.00 July 1, 2005 $60,750.00 463,988.22 $2,636,011.78 January 1, 2006 $59,310.26 -$65,427.96 $2,570,583.82 July 1, 2006 $57,838.14 -$66,900.09 $2,503,683.73 January 1, 2007 $56,332.88 468,405.34 $2,435,278.39 July 1, 2007 $54,793.76 -$69,944.46 $2 365,333.93 January 1,2008 $53,220.01 -$71,518.21 $2,293,815.72 July 1, 2008 $51,610.85 4731, 127.37 $2,220,68835 January 1, 2009 $49,965.49 -$74,772.74 $2,145,915.61 July 1, 2009 $48,283.10 -$76,455.12 $2,069,460.49 January 1, 2010 $46,562.86 -$78,175.36 $1,991,285.13 July 1, 2010 $44,803,92 479,934.31 $1,911,350.82 January 1, 2011 $43,005.39 -$81,732.83 $1,829,617.99 July 1, 2011 $41,166.40 483,571.82 $1,746,046.17 January 1, 2012 $39,286.04 485,452.19 $1,660,593.98 July 1, 2012 $37,363.36 -$87,374.86 $1,573,219.12 January 1, 2013 $35,397.43 -$89,340.79 $1,483,878.33 July 1, 201' ) $33,387.26 -$91,350.96 $1,3392,527.37 January 1, 2014 $3 1,33 1,8 7 493,406.36 $1,299,121.01 July 1, 2014 $29,230.22 -$95,508.00 $1,203,613.01 January 1, 2015 $27,081.29 -$97,656.93 $1,105,956.08 July 1, 2015 $24,884.01 -$99,854.21 $1,006,101.87 January 1, 2016 $22,637.29 -$102,100.93 $904,000.94 July 1, 2016 $20,340.02 -$104,398.20 $799,602.73 January 1, 2017 $17,991.06 -$106,747.16 $692,855.57 . July 1,21017 $15,599.25 -$109,148.97 $593,706.60 January 1, 2018 $13,133.40 -$111,604.83 $472,101.77 July 1, 2018 $10,622.29 -$114,115.93 $357,985,84 January 1, 2019 $8,054.68 -$116,683.54 $241,3022.30 July 1, 2019 $5,429.30 -$119,308.92 $121,99137 January 1, 2020 $2,744.85 4121,993,337 $0.00 $1,042,146,72 42,700.000.00 $124,738.22 $124.738.22 $249,476.45 mill value $26,914 9.2694 Loan Amortization Fire Station without additions Principal Balance $2,700,000.00 Interest Rate (semi-annual) 2.25% Repayment Ten-n 20 yrs 40 Semi - Annual Payment �5103,10178 92 Balance Year Interest Principal $2,700,000.00 July 1, 2005 $60,750.00 -$42,328.92 $2,657,671.08 January 1, 2006 $59,797.60 443,281.32 $2,614,389.76 July 1, 2006 $58,823.77 444,255.15 $2,570,1.34.61 January- 1, 2007 $57,828.03 -$45,250.89 $2,524,883,71 July 1, 2007 $56,809.88 -$46,269.04 $2,478,614.68 January 1, 2008 $55,768.83 -$47,31.0.09 $2,431,304.59 July 1, 2008 $54,704.35 -$48,374.57 $2,382,930.02 January 1, 2009 $53,615.93 -$49,463.00 $2,333,467.02 July 1, 2009 $52,503.01 -$50,575.91 $2,282,891.11 January 1, 2010 $51,365.05 -551,713.87 $2,231,177.24 July 1, 2010 $50,201.49 -552,877A3 $2,178,299.81 January 1, 2011 $49,011.75 454,067.18 $2,124,232.63 July 1, 2011 $47,795.23 455,283.69 $2,068,948.95 January 1, 2012 $46,551.35 456,527.57 $2,012,421.38 July 1, 2012 545,279A8 -$57,799.44 $1,954,621.94 January 1, 2013 $43,978.99 -$59,099.93 51,895,52101 July 1, 2013 $42,649.25 -$60,429.68 51.,835,092.33 January 1, 2014 $417289.58 461,789.34 $1,773,302.99 July 1, 2014 $39,89932 -$63,1.79.60 $1,710,123.39 January 1, 2015 $38,477.78 -$64,601.14 $1,645,522.24 Julv 1, 2015 537,O24.25 -566,O54.67 $1,579,467.57 January 1., 2016 $35,538.02 -$67,540.90 $1,511,926.67 July 1, 2016 $34,018.35 469,060.57 $1,442,866.16 January 1, 2017 $32,464.49 -$70,614.43 $1,372,251.67 July 1, 2017 $30,875.66 -$72,203.26 $1,300,048.41 January 1, 2018 $29,251.09 -573,827.83 $1,226,220.58 July 1, 2018 $27,589,96 475,488.96 $1,150,731.62 January 1, 2019 $25,891.46 -$77,187.46 $1,073,544.16 July 1, 2019 524,154.74 -$78,924.18 $994,619.98 .January 1, 2020 $22,378.95 480,699.97 $913,92O.01 July 1, 2020 $20,563.20 -$82,515.72 $831,404.29 January 1, 2021 $18,706.60 -$84,372.32 5747,031.97 July 1, 2021 $16,808.22 -$86,270.70 566O,761.27 January 1, 2022 $14,867.13 -588,211.79 $572,549,47 July 1, 2022 $12,882.36 -$90,196.56 $482,352.92 January 1, 2023 $10,852.94 -$92,225.98 $3907126.94 July 1, 2023 $8,777.86 -594,3O1.O6 $2957825.87 January 1, 2024 $6,656.08 -$96,422.84 $199,403.03 July 1, 2024 $4,486.57 -$98,592.35 $1.00,810.68 January 1, 2025 $2,268.24 -$I0O,810.68 $0.00 $1,423,156.83-$2,700,000.00 S 103,078.92 $103,078.92 $206,157.84 mill value $26,914 7.6599 Loan Ama atian-frestation With ladder truck $750,000 Principal Balance $3,450,000.00 Interest Rate (semi-annual) 2.25% Repayment Term 10 yrs 20 Semi - Annual Payment €. f41) Balance Year Interest Principal $3,450,000.00 July 1, 2005 $77,625.00 -$138,490.14 $3,311,509.86 January 1, 2006 $74,508.97 -$141,606.17 $3,169,903.68 July 1, 2006 $71,322.83 -$144,792.31 $3,025,111.37 January 1, 2007 $68,065.01 -$148,050.14 $2,977,061.23 July 1. 2007 $64,733,88 -$151,381.27 $2,725,679.97 January 1, 2008 $61,327.80 -$154,787.34 $2,570,892,62 July 1, 2008 $57,845.08 -$158,270.06 $2,412,622.56 January 1, 2009 $54,284.01 -$161,831.14 $2,250,791.43 July 1, 2009 $50,642.81 4165,472.34 $2,085,319.09 January 1., 2010 $46,919.68 -$169,195.46 $1,916,123.62 July 1, 2010 $43,112.78 4173,002.36 $1,743,121.26 January 1, 201.1 $39,220.23 -$176,894.92 $1,566,226,35 July 1, 2011 $35,240.09 4180,875.05 $1,385,351.29 January 1, 2012 $31,170.40 -$184,944.74 $1,200,406.5 5 July 1, 2012 $27,009.15 -$189,106.00 $1,011,300.56 January 1, 2013 $22,754.26 -$193,360.88 S817,939,68 July 1, 2013 $18,403,64 4197,711.50 $620,228,17 January 1, 2014 $13,955.13 4202,160.01 $418,069.16 July 1, 2014 $9,406.53 -$206,708.61 $2111,359.55 January 1, 2015 $4,755,59 -$21 1,359.55 $0.00 $872,302.88-$3,450,000.00 $216,115.14 $216,115.14 $432,230.29 mill value $26,914 16.0597 Loan Amortization With ladder truck $750,000 Principal Balance $3,450,000.00 Interest Rate (semi-annual) 2.25% Repayment Tenn 15 yrs 30 Semi - Annual Payment S1. 387"'3 Balance Year Interest Principal $3,450,000.00 July 1, 2005 $77,625.00 491,762,73 $3,368,237,27 January 1, 2006 $75,785.34 -$83,602.39 $3,284,634.88 July 1, 2006 $73,904.28 -S85,483.45 $3,199,151.43 January 1, 2007 $71,980.91 487,406.82 $3,111,744.61 July 1, 2007 $70,014.25 -$89,373.48 $3,022,371.13 January 1, 2008 $68,003.35 -$91,384.38 $2,930,986.75 July 1, 2008 $65-947.20 -$93,440.53 $2,837,546.22 January 1, 2009 $63,844.79 -$95,542.94 $2,742,003.28 July 1. 2009 $61,695.07 497,692.66 $2,644,310.63 January 1, 201.0 $59,496.99 -$99,890.74 $2,544,419.88 July 1. 2010 $57,249.45 -$102,138.28 $2,442,281.60 January 1, 2011 $54,951.34 -$104,436.39 $2,337,845.21 July 1. 2011 $52,601.52 -$106,786.21 $1231,058.99 January 1, 2012 $50,198.83 -$109,188.90 $2,121,870.09 July 1, 2012 $47,742.08 -$11 t,645.65 $2,010,224.44 January 1, 2013 $45,230.05 -$114,157.68 $1,896,066.76 July 1, 2013) $42,661.50 4116,726.23 $1,779,340.53 January 1, 2014 $40,035.16 -$119,352.57 $1,659,987.96 July 1, 2014 $37,349.73 -$122,038.00 $1,537,949,96 January 1, 2015 $34,603.87 -$124,783.86 $1,413,166.10 July 1. 2015 $31,796.24 -$127,591.49 $1,285,574.61 January 1, 2016 $28,925,43 -$130,462.30 $1,155,112.31 July 1, 2016 $25,990.03 -$133,397.70 $1,021,714.60 January 1, 2017 $22,988.58 -$136,399.15 $885,315.45 July 1, 2017 $19,919.60 -$139,468.13 $745,847.32 January 1, 2018 $16,781.56 -$142,606.17 $603,241.15 July 1, 2018 $13,572.93 -$145,814.90 $457,426.35 January 1, 2019 $10,292.09 -$149,095.64 $308,330.71 July 1, 2019 $6,937.44 -$152,450.29 $155.,880,42 January 1, 2020 $3,507.31 -$155.880.42 $0.00 $1,331,631.91 43,450M0.00 $159,387,73 $159,387.73 $318,775-46 mill value $26,914 11-8442 Loan Amortization With ladder truck $750,000 Principal Balance $3,450,000.00 Interest Rate (semi-annual) 2.25% Repayment Term 20 yrs 40 Semi - Annual Payment i S 1-- ! , r 1 x , Balance Year Interest Principal $3,450,000.00 July I, 2005 $77,625.00 -$54,086.95 $3,395,913.05 January 1, 2006 $76,408,04 -$55,303.91 $3,340,609.13 July 1, 2006 $75,163.71 -$56,548 25 $3,284,060.89 January 1, 2007 $73,891.37 -$57,820.58 $3,226,240.30 July 1, 2007 $72,590A l -$59,121.55 $3,167,118.75 January 1, 2008 $71,260.17 460,451.78 $3,106,666.97 July 1, 2008 $69,900.01 -$61,811.95 $3,044,855.02 January 1, 2009 $68,509.24 -$63 202.72 $2,981,652.31 July 1, 2009 $67,087.18 -$64,624.78 $2,917,027.53 January 1, 2010 $65,633.12 -$66,078.83 $2,850,948.70 July 1, 2010 $64,146.35 -$67,565.61 $2,783,383.09 January 1, 2011 $62,626.12 -$69,085.83 $2,714, 297.25 July 1, 2011 $6I,071.69 470,640.27 $2,643,656.99 January 1, 2012 $59,482.28 -$72,229.67 $2,571,427,31 July 1, 2012 $57,857.11 -$73,854.84 $2,497,572.47 January 1, 2013 $56,195.38 -$75,516.57 $2,422,055.90 July 1, 2013 $54,496.26 -$77,215.70 $2,344,84020 January 1, 2014 $52,758.90 -$78,953.05 $2,265,887,15 July 1, 2014 $50,982.46 -$80,729.49 $2,185,157.66 January 1, 2015 $49,166.05 -$82,545.91 $2,102,611.75 July 1, 2015 $47,308.76 484,403.19 $2,018,208.56 January 1, 2016 $45,409.69 -$86,302.26 $1,931,906.30 July 1, 2016 $43,467.89 -$88,244.06 $1,843,662.24 January 1, 2017 $41,482.40 -$90,229.55 $1,753,432.69 July 1, 2017 $39,452.24 -$92,259.72 $1,661,172.97 January 1, 2018 $37,376.39 -$94,335.56 $1,566,837.41 July 1, 2018 $35,253.84 -$96,458.11 $1,470,379.29 January 1, 2019 $33,083.53 -$98,628.42 $1,371,750.87 July 1, 2019 $30,864.39 -$100,847.56 $1,270,903.31 January 1, 2020 $28,595.32 4103,116.63 $ 1, 167,786.69 July 1, 2020 $26,275.20 -$105,436.75 $1,062,349.93 January 1, 2021 $23,902.87 4107,809.08 $954,540.85 July 1, 2021 $21,477.17 -$110,234.79 $844,306.06 January 1, 2022 $18,996.89 -$112,715.07 $731,590.99 July 1, 2022 $16,460.80 -$115.251.16 $616,339.84 January 1, 2023 $13,867.65 -$117,844.31 $498,495.53 July 1, 2023 $11,216.15 -$120,495.80 $377,999.72 January 1, 2024 $9,504.99 4123,206.96 $254,792.76 July 1, 2024 $5,732.84 -$125,979.12 $128,813.65 January 1, 2025 $2,898.31 4I28,813.65 $0.00 $1,818,478.17-$3,450,000.00 $131,711.95 $131,711.95 $263,423.91 mill value $26,914 9.7976 With ladder truck $750,000 and Community Room $150,000 Principal Balance Interest Rate (semi-annual) Repayment Term 10 yrs Semi - Annual Payment Year July 1, 2005 January 1, 2006 July 1, 2006 January 1, 2007 July 1, 2007 January 1, 2008 July 1, 2008 January 1, 2009 July 1, 2009 January 1, 2010 July 1, 2010 .January 1, 2011 July 1, 2011 January 1, 2012 July 1, 2012 January 1, 2013 .July 1, 2013 January 1, 2014 July 1, 2014 January 1, 2015 Interest $81,000.00 $77, 748,49 $74,423.83 $71,024.35 $67,548.39 $63,994.23 $60,360.09 $56,644.18 $52,844.67 $48,959,67 $44,987.25 $40,925.46 $36,772.27 $32,525.64 $28,183.46 $23,743.58 $1.9,203.80 $14,561.88 $9,815.51 $4,962.35 Principal -$144,511.45 -$147,762.96 -$151,087.63 4154,487.10 -$157,963.06 -$161,517.23 -$165,151.3 7 -$168,867.27 -$172,666.79 -$176,551.79 -$180,524.20 -$184,586.00 -$188, 739.18 -$192,985.82 -$197,328.00 -$201,767.88 -$206,307.65 -$210,94958 -$215,695.94 -$220,549.10 $910,229.10-$3,600,000.00 $3,600,000.00 2.25% 20 t 2255,5 i ..4 Balance $3,600,000A0 $3,455,488.55 $3,307,725.58 $3,156,637.95 $3,002,150.85 $2,844,187.79 $2,682,670.56 $2,517,519.20 $2,348,651.92 $2,175,985.14 $1,999,433.35 $1,818,909.14 $1,634,323.14 $1,445,583.96 $1,252,598.14 $1,055,270.15 $853,502.27 $647,194.62 $436,245.04 $220,549.10 $0.00 $225.1511.45 $225.511.45 $451,022.91 mill value $26,914 16,7579 Loan Amortization .Principal Balance Interest Rate (semi-annual) Repayment Term 15 yrs Semi - Annual Payment Year July 1, 2005 January 1, 2006 July 1, 2006 January 1, 2007 July 1, 2007 January 1, 2008 July 1, 2008 January- 1, 2009 July 1, 2009 January 1, 2010. July 1, 2010 January 1, 2011 July 1, 2011 January 1, 2012 July 1, 2012 January 1, 2013 July 1, 2013 January 1, 2014 July 1, 2014 January 1, 2015 July 1, 2015 January 1, 2016 July 1, 2016 January 1, 2017 July 1, 2017 January 1, 2018 July 1, 2018 January 1, 2019 July 1, 2019 January 1, 2020 With ladder truer $750,000 and Community Room $150,000 Interest $81,000.00 $79,080,35 $77,117.51 $75,11051 $73,058.35 $70,960.02 $68, 814.47 $66,620.65 $64,377.47 $62,083.81 $59,738.55 $57,340.52 $54,888.54 $S2,381.39 $49,817.82 $47,196.57 $44,S 16.35 $41,775.82 $38,973.63 $36,108.39 $33,178.68 $30,183.06 $27,120.03 $23,988.08 $20,785.67 $17,511.20 $14,163.05 $10,739.58 $7,239.07 $3,659.80 $ 1,389.528.95 Principal 485,317.63 -$87,237.28 -$89,200.12 -$91,207.12 -$93,259.28 -$95,357.61 -$97,503.16 -$99,696.98 4101,940.16 4104,233.82 4106,579.08 -$108,977.11 -$111,429.09 -$113,936.25 -$116,499.81 -$119,121.06 -$121,801.28 -$124,541.81 -$127,344.00 4130,209.24 -$133,138.95 -$136,134.58 -$13 9,197.60 -$142,329.55 -$145,531.96 -$148,806.43 4152,154.58 4155,578.06 -$159,078.56 -$162,657.83 -S3,600.000.00 $3,600,000.00 2.25% 30 +^ F ^4 1. Balance $3,600,000.00 $3,514,682.37 $3,427,445.09 $3,338,244.97 $3,247,037.85 $3,153,778.57 $3,058,420.96 $2,960,917.80 $2,861,220.82 $2,759,280.65 $2,655,046.84 $2,548,467.76 $2,439,490.65 $2,328,061.56 $2,214,125.31 $2,097,625.50 $1,978,504.44 $1,856,703.16 $1,732,161.35 $1,604,817.35 $1,474,608.11 $1,341,469.16 $1,205,334.58 $1,066,136.98 $923,807.43 $779,275.46 $629,469.03 $477,314,45 $321,736.39 $162,657.83 $0.00 $166,317.63 $166317.63 $332,635.26 mill value $26,914 12.3 592 Loan Amortization Principal Balance Interest Rate {semi-annual} Repayment Term 20 yrs Semi - Annual Payment Year July 1, 2005 January 1, 2006 July 1., 2006 January 1, 2007 July 1, 2007 January 1, 2008 July 1, 2008 January 1, 2009 July 1, 2009 January 1, 2010 July 1, 2010 January 1, 2011 July 1, 2011 January 1, 2012 July 1, 2012 January 1, 2013 July 1, 2013 January 1, 2014 July 1, 2014 January 1, 2015 July 1, 2015 January 1, 2016 July 1, 2016 January 1., 2017 Juh' 1, 2017 January 1, 2018 July 1, 2018 January 1, 2019 July 1, 2019 January 1, 2020 July 1, 2020 January 1, 2021 July 1, 2021 January 1, 2022 July 1, 2022 January 1, 2023 July 1, 2023 January 1, 2024- July 1, 2024 January 1, 2025 With ladder truck $750,000 and Community Room $150,000 Interest $81,000.00 $79,730.13 $78,431.69 $77,104.04 $75,746.51 $74,358.44 $72,939.14 $71,487.90 $70,004.01 $68,486.73 $66,935,32 $65,348,99 563,726.98 $62,068A7 $60,372.64 $58,638.66 556,865.66 $55,052.77 553,199.09 $51,303.70 $49,365,67 $47,384.03 545,357.80 $43,285.98 $41,167,55 $39,001.45 $36,786.62 $34,521.95 $32,206.32 $29,838.60 $27,417.60 $24,942.13 $22,410.96 $19.822.84 $17,176.48 $14,470.59 $11,703.81 $8, 874.78 $5,982.09 $3,024.32 Principal -$56,438.56 -$57,708.43 -$59,006.87 -$60,334.52 -$61,692.05 -$63,080.12 464,499.42 -565,950.66 -$67,434.55 468,951.83 -$70,503.24 -$72,089.57 -$73, 711.58 -$75,370.09 477,065.92 -$78,799.90 480,572.90 -$82,385.79 484,239.47 -$86,134.86 -588,072.89 -$90,054,53 -$92,080.76 494,152.58 -$96,271.01 -$98,437.11 -$100,651.94 -$102,916.61 -$105,232.24 4107,599.96 -$110,020.96 4112,496.43 -$ 115,027.60 -$117,615.72 4120,262.08 -$122,967.97 -$125,734.75 -$128,563.78 -$131,456.47 -$134,414.24 $1,897,542.44-$3,600,000.00 $3,600,000.00 2.25% 40 Balance $3,600,000.00 $3,543,561.44 $3,485,85101 $3,426, 846.14 $3,366,511.62 $3,304,819.57 $3,241,739.45 $3,177,240.03 53,111,289.37 $3,043,854.81 $2,974,902.99 $2,904,399.74 $2,832,310.18 $2,758,598.59 $2,683,228.50 $2,606,162.58 $2,527,362.68 $2,446,789.78 $2,364,403.99 $2,280,164.52 $2,194,029.66 $2,105,956.76 $2,015,902.23 $1,923, 821.47 $1,829,668.89 $1,733,397.88 $1,634,960.77 $1,534,308.83 $1,431,392.21 $ I ,326,159.98 $1,219,560.02 $1,108,539.06 $996,042.62 $881,015,02 $763,399.30 $643,137.22 $520,169.25 $394,434.50 $265,870.71 $134,414.24 $0.00 $137,438.56 $137,438.56 $274,877.12 mill value $26,914 1U132