Adopted Budget	
Fiscal Year 2021	

Talis Park	
Community Development District	

July 8, 2020	

Talis Park		
Community Development District	

TABLE OF CONTENTS		

General Fund		
Budget	Page 1	
Narrative	Page 2-4	
Debt Service Fund		
Budget - Series 2013	Page 5	
Amortization Schedule - 2013	Page 6	
Budget - Series 2016	Page 7	
Amortization Schedule - 2016A-1	Page 8	
Amortization Schedule - 2016A-2	Page 9	

Talis Park										
Community Development District								General Fund	
		Adopted		Actual	Projected		Projected		Adopted	
		FY2020		Thru	Next		Thru		FY2021	
 Description			 	Budget			     5/31/2020		     4 Months 		     9/30/2020 	 	Budget		
Revenues										
Maintenance Assessments		$511,842		$513,285	$0		$513,285		$511,842	
Interest Income		$1,000		$3,812	$250		$4,062		$1,000	
Carry Forward Surplus		$76,395		$278,580	$0		$278,580		$187,316	
Total Revenues		 	$589,237 		 	$795,677 	 	$250 		 	$795,927 	 	$700,158 	
Expenditures										
Administrative										
Engineering		$13,500		$10,976	$9,024		$20,000		$20,000	
Arbitrage		$1,250		$600	$650		$1,250		$1,250	
Tax Roll		$7,500		$7,500	$0		$7,500		$7,500	
Dissemination		$2,500		$1,667	$833		$2,500		$2,500	
Attorney		$30,000		$6,901	$23,099		$30,000		$30,000	
Annual Audit		$4,400		$3,900	$0		$3,900		$4,400	
Trustee Fees		$10,500		$7,866	$0		$7,866		$8,000	
Management Fees		$44,390		$29,593	$14,797		$44,390		$44,390	
Computer Time		$1,000		$667	$333		$1,000		$1,000	
Website Compliance		$1,000		$667	$333		$1,000		$1,000	
Telephone		$50		$28	$22		$50		$50	
Postage		$350		$335	$15		$350		$350	
Printing & Binding		$650		$309	$341		$650		$650	
Rentals & Leases		$2,400		$1,600	$800		$2,400		$2,400	
Insurance		$6,646		$6,193	$0		$6,193		$6,646	
Legal Advertising		$3,000		$2,261	$2,131		$4,392		$2,500	
Other Current Charges		$650		$633	$180		$813		$650	
Office Supplies		$175		$26	$149		$175		$175	
Dues, Licenses & Subscriptions		$175		$175	$0		$175		$175	
Capital Outlay		$225		$0	$225		$225		$225	
Contingency		$250		$0	$250		$250		$250	
1st Quarter Operating		$79,502		$0	$79,502		$79,502		$152,000	
Total Administrative		 	$210,113 		 	$81,895 	 	$132,686 		 	$214,581 	 	$286,111 	
Maintenance										
Electric Services		$2,900		$1,167	$1,333		$2,500		$2,900	
Lake Maintenance		$31,800		$21,200	$10,600		$31,800		$31,800	
Preserve Maintenance		$16,000		$6,872	$9,128		$16,000		$16,000	
Landscape Maintenance - Veterans ROW		$128,280		$85,545	$42,780		$128,325		$128,340	
Repairs/Replacement - Veterans ROW		$10,000		$1,831	$8,170		$10,000		$10,000	
Landscape Maintenance -175 Bern		$72,600		$50,250	$25,680		$75,930		$77,040	
Repairs/Replacement - 175 Bern		$15,000		$0	$5,000		$5,000		$15,000	
Pine Straw - 175 Bern		$13,500		$13,750	$0		$13,750		$13,500	
Irrigation Repairs		$10,000		$0	$10,000		$10,000		$10,000	
Repairs/Replacement - General		$50,000		$0	$50,000		$50,000		$50,000	
Contingency		$29,044		$15,874	$3,455		$19,329		$25,000	
Special Projects		$0		$31,397	$0		$31,397		$34,467	
Total Maintenance		 	$379,124 		 	$227,885 	 	$166,145 		 	$394,031 	 	$414,047 	
Total Expenditures		 	$589,236 		 	$309,780 	 	$298,831 		 	$608,611 	 	$700,158 	
Unassigned Fund Balance		$0		$485,897	($298,581)		$187,316		$0	

(1) Tax Roll Preparation includes the following services:					
FY2019		
FY2020		
FY2021	
General Fund				Net Assessment	$561,518		$511,842		$511,842	
Debt Service				Gross up 7.5%	 	$45,529 		 	$41,501 	(1)	 	$41,501 	
Discounts & Collections		4%		Gross Assessment	 	$607,047 		 	$553,343 		 	$553,343 	
Tax Collector		2%		# Units	 	633		 	577		 	577	
Property Appraiser		1.5%		Per Unit Assessment	$959		$959		$959	

Page 1

Talis Park
Community Development District	General Fund

REVENUES:

Maintenance Assessments
The District will levy a non-ad valorem assessment based upon the adopted budget and maintenance costs for the fiscal year allocated on a per unit basis on all platted property within Talis Park Community Development District in order to pay the Administrative and Maintenance expenses incurred during the fiscal year.

Interest Income
The District will have all excess funds invested with the State Board of Administration. The Amount is based upon the estimated average balance of funds available during the fiscal year.

ADMINISTRATIVE EXPENDITURES:

Engineering Fees
The District's engineer will be providing general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review invoices, etc.

Arbitrage
The District is required to have an annual arbitrage rebate calculation prepared for the Series 2005A/B, 2013 and 2016-1 and 2016-2 Capital Improvement Bonds. The District will contract with an independent CPA firm to perform this calculation.

Dissemination Agent
The Annual Disclosure Report 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.

Tax Roll
The District has contracted with GMS-South Florida, LLC. for Special Assessment Roll preparation services, to include the long- and short-term debt assessments. Services include preparing, certifying and transmitting the roll to the Collier County Property Appraiser and acting as primary contact for property owners.

Attorney Fees
The District's legal counsel will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees
The District’s Series 2005AB, 2013. 2016-1 and 2016-2 Capital Improvement Revenue Bonds are held by a Trustee with US Bank, N.A.  The amount represents the fee for the administration of the District’s bond issue.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – South Florida, LLC.

Computer Time
The District processes all its financial activities, i.e. accounts payable, financial statements, etc. on a mainframe computer leased by Governmental Management Services – South Florida, LLC.

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. This website will be maintained by GMS-SF, LLC and updated monthly.

Telephone
Telephone and fax machine.

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.

Talis Park
Community Development District	General Fund

ADMINISTRATIVE EXPENDITURES: (continued)

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

Rental & Leases
The District will be charged $200 per month for office rent from Governmental Management Services – South Florida, LLC for  the District's administrative office located in Ft. Lauderdale.

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with Preferred Governmental Insurance Trust. PGIT specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.

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

Other Current Charges
Bank charges and any other miscellaneous expenses that incurred during the year.

Office Supplies
Miscellaneous office supplies.

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

Capital Outlay
Represents any minor capital expenditures the District may need to make during the Fiscal Year such as a file cabinet for District files.

Contingency
Unscheduled expenses related to the administrative side of the District.

MAINTENANCE EXPENDITURES:

Electric Services
The cost of electricity for the Veterans Memorial Blvd. Street Lights.

Lake Maintenance
The District has contracted with Aquagenix to maintain the water quality of the 15 ponds at Talis Park Community Development District.

Preserve Maintenance
Represents funds needed for the maintenance of the community and it also includes contract with Aquatic Weed Control, Inc. for the quarterly testing of Lakes.

Landscape Maintenance – Veterans ROW
The District will contract with a Landscape company for the maintenance of Veterans ROW.

Repairs/Replacement – Veterans ROW
The District will contract with a Landscape company for the repairs and replacement of plants throughout Veterans ROW.

Landscape Maintenance – I75 Bern
The District will contract with a Landscape company for the maintenance of I75 Bern.

Repairs/Replacement – I75 Bern
The District will contract with a Landscape company for the repairs and replacement of plants throughout I75 Bern.

Talis Park
Community Development District	General Fund

MAINTENANCE EXPENDITURES: (continued)

Pine Straw – 175 Bern
The District will contract with a Landscape company for the replacement of the pine straw on the I75 Bern.

Irrigation Repairs
The District will contract with a landscape company for irrigation services.

Repairs/Replacement – General
This reserve funding is for any other related capital repairs and replacement within the District assets.

Contingency
Unscheduled expenses related to the maintenance expenditures of the District.

Special Projects
Special projects that exceed $5000 related to the maintenance expenditures of the District.

Talis Park						Debt Service Fund	
Community Development District		
	Series 2013 Capital Improvement Revenue Bonds	
		Adopted	Actual		Projected		Projected		Adopted	
		FY2020	Thru		Next		thru		FY2021	
 Description			 	Budget		     5/31/2020 		     4 Months 		     9/30/2020 		 	Budget		

Revenues										
Special Assessments		$288,969	$289,129		$0		$289,129		$288,969	
Developer Assessments		$75,280	$70,802		$4,478		$75,280		$75,280	
Interest Income (2)		$1,500	$3,700		$500		$4,200		$1,500	
Surplus Carry Forward (1)		$256,857	$265,530		$0		$265,530		$302,112	
Total Revenues		 	$622,606 	 	$629,160 		 	$4,978 		 	$634,139 		 	$667,861 	
Expenditures										
Interest - 11/1		$118,813	$118,663		$0		$118,663		$117,006	
Principal - 11/1		$85,000	$90,000		$0		$90,000		$85,000	
Interest - 5/1		$117,006	$116,706		$0		$116,706		$115,200	
Special Call - 5/1		$0	$5,000		$0		$5,000		$0	
Total Expenditures		 	$320,819 	 	$330,369			$0			$330,369 		 	$317,206 	
Other Financing Sources/(Uses)										
Operating Transfer In/(Out)		$0	($1,658)		$0		($1,658)		$0	
Total Financing Sources/(Uses)		 	$0 	 	($1,658)			$0			($1,658)		 	$0 	
Excess   Revenues/(Expenditures)		$301,787	$297,134		$4,978		$302,112		$350,655	

Int. & Principal Payment	
(1) Carry Forward Surplus is net of DS Reserve Requirement.					11/01/21		$205,200	
(2) Interest earnings are transferred to the Construction account per Section 408(i)	
			Product		Units		Assessments		Amount per Unit	
			55'		15		$645.90		$9,688.50	
			65'		26		$645.90		$16,793.40	
			75'		62		$645.90		$40,045.80	
			90'		12		$645.90		$7,750.80	
			100'		2		$645.90		$1,291.80	
			125'		11		$645.90		$7,104.90	
			200'		12		$645.90		$7,750.80	
			10/acre		204		$645.90		$131,763.60	
			Villa 1		91		$645.90		$58,776.90	
			Villa 1A		2		$645.90		$1,291.80	
			Club House		18		$645.90		$1,937.70	
			New Villa 1A		 	17			$1,659.00		$28,203.00	
					455				$312,399.00	

Talis Park			Series 2013 Capital Improvement Revenue Bonds	
Community Development District			Amortization Schedule	
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
11/01/20	$	4,195,000.00	$	85,000.00	$	117,006.25	$	202,006.25	
05/01/21	$	4,110,000.00	$	-	$	115,200.00		
11/01/21	$	4,110,000.00	$	90,000.00	$	115,200.00	$	320,400.00	
05/01/22	$	4,020,000.00	$	-	$	113,287.50		
11/01/22	$	4,020,000.00	$	95,000.00	$	113,287.50	$	321,575.00	
05/01/23	$	3,925,000.00	$	-	$	111,268.75		
11/01/23	$	3,925,000.00	$	100,000.00	$	111,268.75	$	322,537.50	
05/01/24	$	3,825,000.00	$	-	$	109,143.75		
11/01/24	$	3,825,000.00	$	105,000.00	$	109,143.75	$	323,287.50	
05/01/25	$	3,720,000.00	$	-	$	106,912.50		
11/01/25	$	3,720,000.00	$	110,000.00	$	106,912.50	$	323,825.00	
05/01/26	$	3,610,000.00	$	-	$	104,025.00		
11/01/26	$	3,610,000.00	$	115,000.00	$	104,025.00	$	323,050.00	
05/01/27	$	3,495,000.00	$	-	$	101,006.25		
11/01/27	$	3,495,000.00	$	120,000.00	$	101,006.25	$	322,012.50	
05/01/28	$	3,375,000.00	$	-	$	97,856.25		
11/01/28	$	3,375,000.00	$	125,000.00	$	97,856.25	$	320,712.50	
05/01/29	$	3,250,000.00	$	-	$	94,575.00		
11/01/29	$	3,250,000.00	$	130,000.00	$	94,575.00	$	319,150.00	
05/01/30	$	3,120,000.00	$	-	$	91,162.50		
11/01/30	$	3,120,000.00	$	140,000.00	$	91,162.50	$	322,325.00	
05/01/31	$	2,980,000.00	$	-	$	87,487.50		
11/01/31	$	2,980,000.00	$	145,000.00	$	87,487.50	$	319,975.00	
05/01/32	$	2,835,000.00	$	-	$	83,681.25		
11/01/32	$	2,835,000.00	$	155,000.00	$	83,681.25	$	322,362.50	
05/01/33	$	2,680,000.00	$	-	$	79,612.50		
11/01/33	$	2,680,000.00	$	160,000.00	$	79,612.50	$	319,225.00	
05/01/34	$	2,520,000.00	$	-	$	75,412.50		
11/01/34	$	2,520,000.00	$	170,000.00	$	75,412.50	$	320,825.00	
05/01/35	$	2,350,000.00	$	-	$	70,950.00		
11/01/35	$	2,350,000.00	$	180,000.00	$	70,950.00	$	321,900.00	
05/01/36	$	2,170,000.00	$	-	$	65,550.00		
11/01/36	$	2,170,000.00	$	190,000.00	$	65,550.00	$	321,100.00	
05/01/37	$	1,980,000.00	$	-	$	59,850.00		
11/01/37	$	1,980,000.00	$	200,000.00	$	59,850.00	$	319,700.00	
05/01/38	$	1,780,000.00	$	-	$	53,850.00		
11/01/38	$	1,780,000.00	$	215,000.00	$	53,850.00	$	322,700.00	
05/01/39	$	1,565,000.00	$	-	$	47,400.00		
11/01/39	$	1,565,000.00	$	225,000.00	$	47,400.00	$	319,800.00	
05/01/40	$	1,340,000.00	$	-	$	40,650.00		
11/01/40	$	1,340,000.00	$	240,000.00	$	40,650.00	$	321,300.00	
05/01/41	$	1,100,000.00	$	-	$	33,450.00		
11/01/41	$	1,100,000.00	$	255,000.00	$	33,450.00	$	321,900.00	
05/01/42	$	845,000.00	$	-	$	25,800.00		
11/01/42	$	845,000.00	$	270,000.00	$	25,800.00	$	321,600.00	
05/01/43	$	575,000.00	$	-	$	17,700.00		
11/01/43	$	575,000.00	$	285,000.00	$	17,700.00	$	320,400.00	
05/01/44	$	290,000.00	$	-	$	9,150.00		
11/01/44	$	290,000.00	$	290,000.00	$	9,150.00	$	308,300.00	
		$	4,195,000.00	$	3,706,968.75	$	7,901,968.75	

Talis Park					Debt Service Fund	
Community Development District		Series 2016-1 and 2 Capital Improvement Refunding Bonds	
	Proposed	Actual		Projected		Projected		Adopted	
	FY2020	Thru		Next		thru		FY2021	
 Description		 	Budget		     5/31/2020 		     4 Months 		     9/30/2020 		 	Budget		

Revenues									
Special Assessments	$560,712	$557,431		$3,281		$560,712		$560,712	
Developer Assessments	$40,720	$85,603		$0		$85,603		$40,720	
Interest Income	$750	$4,700		$500		$5,200		$750	
Surplus Carry Forward (1)	$160,424	$172,452		$0		$172,452		$192,554	
Total Revenues	 	$762,606 	 	$820,185 		 	$3,781 		 	$823,967 		 	$794,736 	
Expenditures									
SERIES 2016A-1									
Interest - 11/1	$63,944	$63,944		$0		$63,944		$62,194	
Interest - 5/1	$63,944	$63,944		$0		$63,944		$62,194	
Principal - 5/1	$175,000	$175,000		$0		$175,000		$180,000	
SERIES 2016A-2									
Interest - 11/1	$76,763	$76,763		$0		$76,763		$74,000	
Interest - 5/1	$76,763	$76,763		$0		$76,763		$74,000	
Principal - 5/1	$170,000	$170,000		$0		$170,000		$175,000	
Special Call - 5/1	$0	$5,000		$0		$5,000		$0	
Total Expenditures	 	$626,413 	 	$631,413			$0			$631,413 		 	$627,388 	
Excess   Revenues/(Expenditures)	$136,194	$188,773		$3,781		$192,554		$167,349	
						
Int. Payment			
(1) Carry Forward Surplus is net of DS Reserve Requirement.						11/1/2021 - 2016A-1		$60,169	
						11/1/2021 - 2016A-2		$71,156	
		Product		Units		Assessments		Amount per Unit	
		55'		18		$	1,092.69		$19,668.42	
		65'		30		$	1,202.66		$36,079.80	
		75'		80		$	1,330.90		$106,472.00	
		90'		12		$	1,525.78		$18,309.36	
		100'		2		$	1,645.66		$3,291.32	
		125'		24		$	1,955.64		$46,935.36	
		200'		13		$	3,788.04		$49,244.52	
		10/acre		204		$	845.11		$172,402.44	
		Villa 1		93		$	927.82		$86,287.26	
		Villa 1A		12		$	1,001.10		$12,013.20	
		New Villa 1A		17		$	2,825.00		$48,025.00	
		Club House		 	18			$	413.72		$7,446.96	
				523				$606,175.64	
						Net		$560,712.47	

Talis Park		Series 2016-1 Capital Improvement Refunding Bonds	
Community Development District			Amortization Schedule	
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
					
11/01/20	$	3,655,000.00	$	-	$	62,193.75	$	62,193.75	
05/01/21	$	3,475,000.00	$	180,000.00	$	62,193.75	$	-	
11/01/21	$	3,475,000.00	$	-	$	60,168.75	$	302,362.50	
05/01/22	$	3,290,000.00	$	185,000.00	$	60,168.75	$	-	
11/01/22	$	3,290,000.00	$	-	$	58,087.50	$	303,256.25	
05/01/23	$	3,290,000.00	$	190,000.00	$	58,087.50	$	-	
11/01/23	$	3,100,000.00	$	-	$	55,712.50	$	303,800.00	
05/01/24	$	3,100,000.00	$	190,000.00	$	55,712.50	$	-	
11/01/24	$	2,910,000.00	$	-	$	53,337.50	$	299,050.00	
05/01/25	$	2,910,000.00	$	200,000.00	$	53,337.50	$	-	
11/01/25	$	2,710,000.00	$	-	$	50,337.50	$	303,675.00	
05/01/26	$	2,710,000.00	$	205,000.00	$	50,337.50	$	-	
11/01/26	$	2,505,000.00	$	-	$	47,262.50	$	302,600.00	
05/01/27	$	2,505,000.00	$	210,000.00	$	47,262.50	$	-	
11/01/27	$	2,295,000.00	$	-	$	43,587.50	$	300,850.00	
05/01/28	$	2,295,000.00	$	220,000.00	$	43,587.50	$	-	
11/01/28	$	2,075,000.00	$	-	$	39,737.50	$	303,325.00	
05/01/29	$	2,075,000.00	$	225,000.00	$	39,737.50	$	-	
11/01/29	$	1,850,000.00	$	-	$	35,800.00	$	300,537.50	
05/01/30	$	1,850,000.00	$	235,000.00	$	35,800.00	$	-	
11/01/30	$	1,615,000.00	$	-	$	31,687.50	$	302,487.50	
05/01/31	$	1,615,000.00	$	245,000.00	$	31,687.50	$	-	
11/01/31	$	1,370,000.00	$	-	$	27,400.00	$	304,087.50	
05/01/32	$	1,370,000.00	$	255,000.00	$	27,400.00	$	-	
11/01/32	$	1,115,000.00	$	-	$	22,300.00	$	304,700.00	
05/01/33	$	1,115,000.00	$	265,000.00	$	22,300.00	$	-	
11/01/33	$	850,000.00	$	-	$	17,000.00	$	304,300.00	
05/01/34	$	850,000.00	$	275,000.00	$	17,000.00	$	-	
11/01/34	$	575,000.00	$	-	$	11,500.00	$	303,500.00	
05/01/35	$	575,000.00	$	280,000.00	$	11,500.00	$	-	
11/01/35	$	295,000.00	$	-	$	5,900.00	$	297,400.00	
05/01/36	$	295,000.00	$	295,000.00	$	5,900.00	$	300,900.00	
		$	3,655,000.00	$	1,244,025.00	$	4,899,025.00	

Talis Park		Series 2016-2 Capital Improvement Refunding Bonds	
Community Development District			Amortization Schedule	
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	
					
11/01/20	$	3,760,000.00	$	-	$	74,000.00	$	74,000.00	
05/01/21	$	3,760,000.00	$	175,000.00	$	74,000.00	$	-	
11/01/21	$	3,585,000.00	$	-	$	71,156.25	$	320,156.25	
05/01/22	$	3,585,000.00	$	180,000.00	$	71,156.25	$	-	
11/01/22	$	3,405,000.00	$	-	$	67,781.25	$	318,937.50	
05/01/23	$	3,405,000.00	$	185,000.00	$	67,781.25	$	-	
11/01/23	$	3,220,000.00	$	-	$	64,312.50	$	317,093.75	
05/01/24	$	3,220,000.00	$	195,000.00	$	64,312.50	$	-	
11/01/24	$	3,025,000.00	$	-	$	60,656.25	$	319,968.75	
05/01/25	$	3,025,000.00	$	200,000.00	$	60,656.25	$	-	
11/01/25	$	2,825,000.00	$	-	$	56,906.25	$	317,562.50	
05/01/26	$	2,825,000.00	$	205,000.00	$	56,906.25	$	-	
11/01/26	$	2,620,000.00	$	-	$	53,062.50	$	314,968.75	
05/01/27	$	2,620,000.00	$	220,000.00	$	53,062.50	$	-	
11/01/27	$	2,400,000.00	$	-	$	48,662.50	$	321,725.00	
05/01/28	$	2,400,000.00	$	225,000.00	$	48,662.50	$	-	
11/01/28	$	2,175,000.00	$	-	$	44,162.50	$	317,825.00	
05/01/29	$	2,175,000.00	$	235,000.00	$	44,162.50	$	-	
11/01/29	$	1,940,000.00	$	-	$	39,462.50	$	318,625.00	
05/01/30	$	1,940,000.00	$	245,000.00	$	39,462.50	$	-	
11/01/30	$	1,695,000.00	$	-	$	34,562.50	$	319,025.00	
05/01/31	$	1,695,000.00	$	255,000.00	$	34,562.50	$	-	
11/01/31	$	1,440,000.00	$	-	$	29,462.50	$	319,025.00	
05/01/32	$	1,440,000.00	$	265,000.00	$	29,462.50	$	-	
11/01/32	$	1,175,000.00	$	-	$	24,162.50	$	318,625.00	
05/01/33	$	1,175,000.00	$	280,000.00	$	24,162.50	$	-	
11/01/33	$	895,000.00	$	-	$	18,562.35	$	322,724.85	
05/01/34	$	895,000.00	$	290,000.00	$	18,562.50	$	-	
11/01/34	$	605,000.00	$	-	$	12,581.25	$	321,143.75	
05/01/35	$	605,000.00	$	300,000.00	$	12,581.25	$	-	
11/01/35	$	305,000.00	$	-	$	6,393.75	$	318,975.00	
05/01/36	$	305,000.00	$	305,000.00	$	6,393.75	$	311,393.75	
		$	3,760,000.00	$	1,411,774.85	$	5,171,774.85