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Payment <br />Date <br /> <br />Upon demand by Zone ~ <br />prior to advertising <br />for bids <br /> <br />July l, 1974 <br /> <br />July 1, 1975 <br /> <br />July 1, 1976 <br /> <br />July 1, 1977 <br /> <br /> Total <br /> <br />*Interest at the rate <br />by Zone No. 7 for inil <br /> <br />NOTE: The initial ~.ay~ <br /> $43,800 (Listed <br /> part 1 as modi~ <br /> <br />REPA~E?'~ <br /> <br />Interest Principal <br /> (6%) _ Principal. Total Out stand J n~ <br /> <br />$219,000 <br /> <br /> $ 43,800 $ 43~800 175,20o <br />$ 9,OOO 43,8oo 5~,800 131,4O0 <br />7,884 43,800 51,684 87,600 <br />5,256 43,8oo 49,o56 43,80o <br />2,628 43,800 46,428 -0~ <br /> <br />$24,768 $219 ~000 $243 ~_76~8 -0- <br /> <br /> 6~ per annum shall be computed from the dete of demand <br />.al payment of $h3,8OO.00. <br /> <br />~ent on demand by Zone No. 7 shall consist of <br />sbove) plus $12,000 (Section 3, paragraph (a), <br />.ed) making a total of $55,800.00. <br /> <br /> <br />