Finance, Taxes and Insurance

1 VILLAGE OF WATERFORD FINANCE COMMITTEE Monday, June 8, 2020, 5:00 pm Digital Meeting, log in information: https://www.gotomeet.me/VillageofWaterford/finance or call in at: 1-872-240-3212, access code: 502-611-621 1. Call to Order 2. Roll Call 3. Comments and Correspondence 4. Public Appearances 5. Reading and Approval of Min: 10.21.19 FC New Business 1. Review of the YTD Financials and Treasurer’s report; consider an appropriate motion for action. 2. Discussion on a Board decision to procure architectural services and make a recommendation on how to fund the $290,000 outlay; consider an appropriate motion for action. 3. Review and consider an appropriate motion to amend budget policy 003-110318 and budget policy 009- 110318 to become one uniform policy. 4. Discussion on creation of a Business Incentive Program, review the updated Facade Grant Program; consider an appropriate motion for action. 5. Discussion on a motion to recommend to the Village Board an RFP for architectural services for the design of improvements to Fire Station #2. 6. Discussion on budget expectations for 2021. Adjournment Public Notice Questions regarding the nature of the agenda items or more detail on the agenda items listed above scheduled to be considered by the governmental body listed above can be directed to Zeke Jackson, Village Administrator at 262-806-1750 or at zjackson@waterfordwi.org. It is possible that members of and possibly a quorum of members of other governmental bodies of the municipality may be in attendance at the above-stated meeting to gather information; no action will be taken by any governmental body at the above-stated meeting other than the governmental body specifically referred to above in this notice. Upon reasonable notice, a good faith effort will be made to accommodate the needs of disabled individuals through sign language interpreters or other auxiliary aid at no cost to the individual to participate in public meetings. Due to the difficulty in finding interpreters, requests should be made as far in advance as possible preferably a minimum of 48 hours. For additional information or to request this service, contact the Village Staff at 262-534-7912, or by writing to the Village Administrator at the Village Administration Building, 123 N. River St, Waterford WI, 53185 Copies of reports and other supporting documentation are available for review at the Village Administrator’s Office, Administration Building, 123 N. River St, Waterford WI 53185 during operating hours. (8 a.m. – 5 p.m. weekdays). Posted: 6/3/2020, 4:30 pm  2 1 Village of Waterford 2 Finance Committee Meeting Minutes - Unapproved 3 October 21th, 2019 4 5 Chair Ewert called the meeting to order at 5:04 pm. 6 Present: Pat Goldammer, Don Houston, Brain Lauer 7 Excused: Troy McReynolds, Andrew Ewert 8 9 Also present: Zeke Jackson, Colleen Schauer, Michelle Vandehey, Rick Mueller, Jim Bergles 10 11 Minutes: Lauer motioned to approve 10-14-2019. Second by Goldammer. Motion carried. 12 13 Budget: Jackson gave an overview of the 2020 budget for the General Fund Summary and General Fund 14 Revenues. Budget amendment made to fund 48200 Building Rend to 15,000 in the 100 General Fund. 15 16 Finance Committee members would like to be sent the yearly financials for the TIDs as well as be invited to 17 the yearly meeting with Mead & Hunt when TID projections are discussed. 18 19 Discussion was had on repurposing funds for the remodel of the Village Hall basement. 20 21 Allocation of $68,000 in Capital Funds for a generator and portable generator to be added to the budget. 22 23 Jackson reviewed 2020 budget of the following funds: TID 2, TID 3, TID 3 Debt Service, Special Funds, 24 General Capital Projects Fund, General Fund Capital Improvement Funding Plan, Debt Service Schedule, All 25 Debt Service Loans (Bonds). 26 27 Motion by Lauer to approve budget sections as discussed with noted changes. Second by Goldammer. All 28 aye. Motion carried. 29 30 Motion by Lauer to adjourn at 6:02pm. Second by Goldammer. All aye. Motion carried. 31 32 Respectfully submitted by 33 Colleen Schauer, PIO Village of Waterford | 123 North River Street | Waterford WI 53185 | 262.534.3980 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37  38 2020 Budget Policies 003-110318 & 009-110318 Budget Policy 003-110318 – All contracts in excess of $25,000.00 (with prior budget appropriation), or for a multiple year term must be approved by the Village Board, regardless of the Committee overseeing the contract award. The Village President must execute all such contracts. All contracts shall be for a term of no more than 5 years. At the end of a 5 year term, all subsequent renewals or reissues of contracts shall be subject to a public solicitation of a request for proposals. Request for Proposals shall use objective, verifiable data to rank respondents, and to award a contract solely based on merit. A minimum of 3 bids are encouraged. Budget Policy 009-110318 – The Village Board establishes procurement through competitive pricing. Awards for goods or services shall be made to the responsible firm (through experience and technical knowledge) that demonstrates the lowest responsive cost. NEW DRAFT CONSOLIDATION POLICY: All contracts or procurements in excess of $25,000 (with prior budget appropriation), or for a multiple year term contract must be approved by the Village Board, regardless of the Committee overseeing the contract award. The Village President must execute all such contracts. All contracts shall be for a term of no more than 5 years. At the end of a 5 year term, all subsequent renewals or reissues of contracts shall be subject to a public solicitation of a request for proposals. Requests for proposals shall use objective, verifiable data to rank respondents, and to award a contract solely based on merit. A minimum of 3 solicitations are required. Awards for goods or services shall be made to the responsible firm (demonstrated through experience and technical knowledge) that offers the lowest cost.  39 VILLAGE OF WATERFORD BOARD REPORT For additional information: http://www.waterfordwi.org Meeting Date: March 9, 2020 This Item was requested by Trustee Ewert, and is represented from our March 9 th Board meeting for reconsideration. Recommendation: That the Village Board accept the recommendation of the Heritage Design Committee and modify the Curb Appeal and Construction Cleanup Grant programs through an expanded Business Façade Grant/Loan Program Background: The Village has set in motion many of the things that are required for redevelopment to successfully take place. Under this proposal, we are creating a public policy that reinforces tenant/business ownership of downtown real estate (located in TID 4), and helping those business owners reach success by improving their properties. The curb appeal and construction cleanup programs were relatively small, and had a significant impact in improving the overall façade of Downtown. Now is the time to have a strengthen our resolve and laser focus on specific business properties that can be examples of the future of Waterford’s downtown. This grant program will be funded through TID 4 increment, and is up front paid by an internal loan from Sewer Replacement funds to TID 4. Our sewer replacement funds are presently earning .90% interest, and that is anticipated to decline in the weeks ahead. This is a better way to earn return on those funds by paying a higher rate of debt service interest internally, and preserving debt capacity for other projects. The program focuses on BUSINESS OWNERS as tenants of their OWNER OCCUPIED SPACES. The program is proposed as a forgivable loan program such that we shift the approach from a “one size fits all” grant to one that gives the Village Board significant control of terms for each individual project based on the value and traffic it creates for the community, with individual awards and loan forgiveness terms spelled out in each development agreement. Fiscal Impact: $200,000 in loan/grants in 2020 supported through TID 4 Increment as an internal loan from Sewer Replacement Funds. Submitted, Zeke Jackson Village Administrator Name: i:\1. 2017 agendas\board\2017_04\02a br 2017 bridenhagen.docx Created: 4/13/2017 4:46 PM Printed: 4/14/2017 2:38 PM Author: Robert Kufrin Last Saved By: Zeke Jackson Revision: 2  40 RESOLUTION № 913-030920 Establishing a Business Façade Loan/Grant Program, Repeal of Construction Cleanup and Curb Appeal Grant Programs. WHEREAS, THE VILLAGE BOARD HAS DEVELOPED PLANS WITH INPUT FROM ITS CITIZENS TO REDEVELOP AND REINVOGORATE DOWNTOWN; AND WHEREAS, IMPROVING THE EXISTING BUILDING STOCK IN THE HERITAGE DESIGN DISTRICT WILL SUBSTANTIALLY IMPROVE THE QUALITY OF LIFE AND PROPERTY VALUES OF THE VILLAGE, AND; WHEREAS, THE VILLAGE OF WATERFORD INSTITUTED A CURB APPEAL GRANT PROGRAM, ADOPTED: 8/28/12, BY RESOLUTION #713, AND DISPENSED $60,000 IN GRANT FUNDS TO IMPROVE THE COMMUNITY, AND; WHEREAS, THE CURB APPEAL AND CONSTRUCTION CLEANUP GRANT PROGRAMS ARE HEREBY REPEALED WITH THE ENACTMENT OF THIS RESOLUTION 913-030820, AND; WHEREAS, THE BUSINESS FAÇADE LOAN/GRANT PROGRAM IS ENACTED AS FOLLOWS: RATIONALE: THE BUSINESS FACADE LOAN/GRANT PROGRAM IS INTENDED TO STIMULATE IMPROVEMENTS TO COMMERCIAL BUILDINGS LOCATED IN THE VILLAGE OF WATERFORD TID 4, WITH SPECIAL FOCUS ON THE WATERFORD HERITAGE DISTRICT SOURCE: TID 4 PURPOSE: PROVIDES FUNDING TO STIMULATE BUILDING IMPROVEMENT THROUGH A FORGIVABLE LOAN. ELIGIBILITY: OWNERS AS TENANTS OF EXISTING COMMERCIAL BUILDINGS THAT OPERATE OR INTEND TO OPERATE CONFORMING BUSINESS TYPES ONLY. ALL APPLICANTS AGREE TO COMPLY WITH THE HERITAGE DISTRICT DESIGN GUIDELINES TO THE EXTENT THE DESIGN GUIDELINES DO NOT CONFLICT WITH THE REGULATIONS FOR THE APPLICANT’S APPLICABLE DISTRICT. ELIGIBLE USES: THE BUSINESS FAÇADE LOAN/GRANT PROGRAM CAN BE USED TO FUND IMPROVEMENTS TO THE EXTERIOR FRONT, REAR AND SIDE FACADES AND SIGNS OF EXISTING COMMERCIAL BUILDINGS, PARKING AREAS, LANDSCAPING, INTERIORS OF THOSE BUILDINGS, AND EQUIPMENT/FIXTURES. INELIGIBLE USES:  TAX DELINQUENT AND TAX EXEMPT PROPERTIES  PROPERTIES DELINQUENT ON UTILITY CHARGES AND BILLINGS FROM THE VILLAGE  EXCLUSIVELY RESIDENTIAL PROPERTIES  PROJECT EXPENSES INCURRED BEFORE GRANT IS APPROVED  SPECULATIVE INVESTMENT IN REAL ESTATE MAXIMUM LOAN/GRANT AMOUNT: THE MAXIMUM LOAN/GRANT AMOUNT WILL BE 85% OF THE TOTAL ELIGIBLE IMPROVEMENT PROJECT, BUT WITH A MAXIMUM OF A $100,000 LOAN/GRANT PER PROPERTY. PROJECTS WILL BE EVALUATED ON A CASE BY CASE BASIS ACCORDING TO THE ATTACHED SCORING RUBRIC. A PROPERTY DOES NOT HAVE TO USE ALL OF ITS ALLOCATED MAXIMUM OF $100,000 IN A SINGLE APPLICATION CYCLE. AMOUNT OF FUNDS AVAILABLE: PROJECTS WILL BE AWARDED BASED ON TOTAL DOLLARS AVAILABLE IN THE GRANT YEAR ($200,000 AVAILABLE IN 2020, AND IN FUTURE YEARS AS DETERMINED BY THE VILLAGE BOARD ANNUALLY IN ITS BUDGET).  41 MARKETING: MARKETING OF THE PROGRAM IS DONE THROUGH THE VILLAGE STAFF. INFORMATION ABOUT THE GRANT CAN BE FOUND AT WWW.WATERFORDWI.ORG. APPLICATION: APPLICATIONS WILL BE ACCEPTED BY THE VILLAGE OF WATERFORD CLERK VIA HARD COPY, OR E-MAIL; THE DEADLINE IS THE 15TH DAY OF APRIL AND THE 15TH DAY OF NOVEMBER EACH YEAR. THE HERITAGE DISTRICT WILL REVIEW ALL APPLICATIONS AT ITS MEETING FOLLOWING THEREAFTER, AND WILL MAKE A RECOMMENDATION FOR GRANT AWARD AFTER SCORING AND REVIEWING ALL APPLICATIONS RECEIVED. PROCESS: 1) THE BUSINESS FACADE LOAN/GRANT APPLICATION IS AVAILABLE AT VILLAGE HALL AND AT THE WWW.WATERFORDWI.ORG WEBSITE. 2) ALL APPLICATIONS REQUIRE A COLOR RENDERING, ELEVATION DRAWINGS, AND SITE PLANS SHOWING PROPOSED CHANGES. A VISION BOARD IS ALSO REQURIED TO BE SUBMITTED TO SHOW THE LOOK AND FEEL OF THE BUSINESS. A BUSINESS PLAN IS REQUIRED FOR ALL NEW BUSINESS SUBMISSIONS (BUSINESSES IN EXISTANCE WITH THE 2 MOST RECENT YEARS SHOWING A PROFIT ON FEDERAL TAX FILINGS IN WATERFORD FOR 2 YEARS ARE EXEMPT) 3) IN ORDER TO COMPLETE THE LOAN/GRANT APPLICATIONS THE APPLICANT MUST SCHEDULE A MEETING WITH THE VILLAGE ADMINISTRATOR AND BUILDING INSPECTOR TO DISCUSS THE PROPOSED PROJECT AND ANY SITE PLANS DEVELOPED. ANY QUESTIONS REGARDING THE GRANT AND RELATED MATTERS MAY BE DISCUSSED WITH THE APPROPRIATE VILLAGE STAFF. 4) COMPLETED LOAN/GRANT APPLICATIONS (INCLUDING ALL REQUIRED ATTACHMENTS) MUST BE RETURNED TO THE VILLAGE CLERK FOR REVIEW BY APRIL 15 FOR THE SPRING AWARD ROUND AND BY NOVEMBER 15 FOR THE FALL AWARD ROUND. 5) VILLAGE STAFF REVIEWS THE GRANT APPLICATION AND CHECKS FOR UNPAID TAXES, UNPAID UTILITY CHARGES, AND OUTSTANDING BILLINGS FROM THE VILLAGE. 6) COMPLETED LOAN/GRANT APPLICATIONS, ALONG WITH THE VILLAGE STAFF RECOMMENDATION PERTAINING TO THE GRANT APPLICATION, WILL BE PRESENTED TO THE VILLAGE OF WATERFORD HERITAGE DISTRICT DESIGN COMMITTEE. APPLICANTS ARE ENCOURAGED TO ATTEND THE MEETING AND PRESENT MATERIALS AS DEEMED NECESSARY. 7) UPON APPROVAL OF THE BUSINESS FACADE LOAN/GRANT APPLICATION, LOAN/GRANT DOLLARS WILL BE AWARDED (EARMARKED) TO THE APPLICANT FOR REIMBURSEMENT PURPOSES. ALL LOAN/GRANT DISBURSEMENTS WILL BE HANDLED IN ACCORDANCE WITH A DEVELOPMENT AGREEMENT APPROVED BY THE VILLAGE BOARD AND ENTERED INTO BY BOTH PARTIES. 8) ALL AWARDEES WILL ENTER INTO BINDING DEVELOPMENT AGREEMENTS WITH THE VILLAGE BEFORE ANY AWARDED MONIES ARE DISPERSED. 9) LOAN/GRANT RECIPIENTS WILL AGREE TO ALLOW VILLAGE STAFF TO TAKE BEFORE AND AFTER PHOTOS OF THE PROPERTY AND UTILIZE THE PHOTOS IN PROGRAM MARKETING AND ADVERTISING. 10) LOAN/GRANT RECIPIENTS ARE VERY STRONGLY ENCOURAGED TO GIVE BACK TO THEIR COMMUNITY BY VOLUNTEERING THEIR TIME TO THE NONPROFIT ORGANIZATIONS LOCATED IN THE VILLAGE OF WATERFORD. 11) LOAN/GRANT MONIES WILL BE DISTRIBUTED TO THE APPLICANT UPON COMPLETION OF THE FOLLOWING ACTIVITIES: A. THE BUILDING INSPECTOR WILL MONITOR THE PROGRESS OF THE PROJECT. B. ANY AND ALL CHANGES, NOT PRIOR APPROVED, FROM THE ORIGINAL CURB APPEAL LOAN/GRANT APPLICATION MUST BE APPROVED BY THE VILLAGE OF WATERFORD ADMINISTRATOR (WHO MAY REFER THE MATTER BACK TO THE HERITAGE DESIGN COMMITTEE). APPROVED CHANGES IN WORK SPECIFICATIONS MUST BE ATTACHED TO THE ORIGINAL DATED GRANT APPLICATION. ANY UNAPPROVED DEVIATIONS FROM THE ORIGINAL WORK SPECIFIED IN THE LOAN/GRANT APPLICATION WILL DISQUALIFY THE APPLICANT. C. THE APPLICANT AND BUILDING INSPECTOR WILL CONDUCT A FINAL INSPECTION AND THE BUILDING INSPECTOR WILL PROVIDE WRITTEN CORRESPONDENCE OF PROJECT APPROVAL TO VILLAGE STAFF. D. INVOICES AND RECEIPTS AND FINAL LIEN WAIVERS PROVIDED BY THE APPLICANT TO THE VILLAGE TREASURER WILL BE REVIEWED TO ENSURE COMPLIANCE WITH THE ORIGINAL GRANT APPLICATION BY VILLAGE STAFF. PROGRESS PAYMENTS MAY BE MADE IF A PART OF THE DEVELOPMENT AGREEMENT. E. VILLAGE STAFF WILL SEND A WRITTEN REQUEST FOR DISBURSEMENT OF FUNDS TO THE VILLAGE TREASURER. FUNDS WILL BE DISBURSED AND MAILED (OR MADE AVAILABLE FOR PICK UP) TO THE APPLICANT OR DIRECTLY TO CONTRACTORS FOR PROGRESS PAYMENTS AS INDICATED IN THE DEVELOPMENT AGREEMENT. 12) LOAN/GRANTS ARE TO ENHANCE BUSINESSES THAT ARE LOCATED IN WATERFORD. THE GRANT IS NOT DESIGNED TO FACILITATE SPECULATIVE INVESTMENT IN PROPERTIES, NOR TO IMPROVE INVESTOR OWNED PROPERTIES. THE VILLAGE  42 WANTS BUSINESS OWNERS TO BUILD EQUITY IN THE PROPERTIES THEY OWN, AND TO HAVE BUSINESS OWNERS BE SUCCESSFUL. LOAN/GRANTS AWARDEES WILL BE REQUIRED TO ENTER INTO A WAIVER OF SPECIAL ASSESSMENT ON THEIR PROPERTY FOR THE VALUE OF THE GRANT. THE GRANT IS ISSUED IN THE FORM OF A FORGIVEABLE LOAN. THE LOAN PRINCIPAL WILL HAVE SOME PERCENTAGE OF ITS PRINCIPAL FORGIVEN FOR EACH YEAR THAT THE BUSINESS OPERATES, AS DETERMINED ON A CASE BY CASE BASIS AND APPROVED BY THE VILLAGE BOARD AND MEMORIALIZED IN A BINDING DEVELOPMENT AGREEMENT. OPERATION IS DEFINED AS ENGAGED IN BUSINESS, OPEN TO THE PUBLIC FOR CONFORMING USES (EXCEPT IN CASES OF CLOSURE ORDERED UNDER STATE OF EMERGENCY) DURING MINIMUM HOURS AS SET FORTH IN A BINDING DEVELOPMENT AGREEMENT WITH THE AWARDEE. NONDISCRIMINATION: IN AWARDING OR REFUSING A LOAN/GRANT TO AN ELIGIBLE APPLICANT, THE VILLAGE WILL NOT DISCRIMINATE ON ANY BASIS PROHIBITED BY WISCONSIN STATUTE S. 111.321, INCLUDING BUT NOT LIMITED TO AGE, RACE, CREED, COLOR, DISABILITY, MARITAL STATUS, SEX, NATIONAL ORIGIN, ANCESTRY, ARREST RECORD, CONVICTION RECORD, OR MILITARY SERVICE, SUBJECT TO THE PROVISIONS OF WISCONSIN STATUTE SECTIONS 111.33 TO 111.365. NOW, THEREFORE, BE IT RESOLVED, THAT THE VILLAGE OF WATERFORD BOARD OF TRUSTEES ENACTS THE BUSINESS FAÇADE LOAN/GRANT PROGRAM, AND AMENDS ITS 2020 BUDGET TO APPROPRIATE $200,000 FOR SUCH PURPOSE. INTRODUCED at a regular meeting of the Board of Trustees of the Village of Waterford held this 9th day of March, 2020. Passed and adopted this 9th day of March, 2020. _______________________________ Don Houston, Village President ATTEST: __________________________________ VOTE: Ayes _____ Noes _____ Rachel Ladewig, Village Clerk  43 $200,000 Internal Borrow from Sewer Capital for TID4 - to be used for the Façade Grant Program Enter values Loan amount $ 200,000.00 Annual interest rate 2.00% Loan period in years 30 Start date of loan 4/1/2020 Number of payments 30 Total interest $ 5,208.25 Total cost of loan $ 205,208.25 Payment Beginning Ending No. Date Balance Payment Principal Interest Balance 1 4/1/2020 $ 200,000.00 $ 6,840.28 $ 6,506.94 $ 333.33 $ 193,493.06 2 4/1/2021 $ 193,493.06 $ 6,840.28 $ 6,517.79 $ 322.49 $ 186,975.27 3 4/1/2022 $ 186,975.27 $ 6,840.28 $ 6,528.65 $ 311.63 $ 180,446.62 4 4/1/2023 $ 180,446.62 $ 6,840.28 $ 6,539.53 $ 300.74 $ 173,907.09 5 4/1/2024 $ 173,907.09 $ 6,840.28 $ 6,550.43 $ 289.85 $ 167,356.66 6 4/1/2025 $ 167,356.66 $ 6,840.28 $ 6,561.35 $ 278.93 $ 160,795.31 7 4/1/2026 $ 160,795.31 $ 6,840.28 $ 6,572.28 $ 267.99 $ 154,223.03 8 4/1/2027 $ 154,223.03 $ 6,840.28 $ 6,583.24 $ 257.04 $ 147,639.79 9 4/1/2028 $ 147,639.79 $ 6,840.28 $ 6,594.21 $ 246.07 $ 141,045.59 10 4/1/2029 $ 141,045.59 $ 6,840.28 $ 6,605.20 $ 235.08 $ 134,440.39 11 4/1/2030 $ 134,440.39 $ 6,840.28 $ 6,616.21 $ 224.07 $ 127,824.18 12 4/1/2031 $ 127,824.18 $ 6,840.28 $ 6,627.23 $ 213.04 $ 121,196.94 13 4/1/2032 $ 121,196.94 $ 6,840.28 $ 6,638.28 $ 201.99 $ 114,558.66 14 4/1/2033 $ 114,558.66 $ 6,840.28 $ 6,649.34 $ 190.93 $ 107,909.32 15 4/1/2034 $ 107,909.32 $ 6,840.28 $ 6,660.43 $ 179.85 $ 101,248.89 16 4/1/2035 $ 101,248.89 $ 6,840.28 $ 6,671.53 $ 168.75 $ 94,577.37 17 4/1/2036 $ 94,577.37 $ 6,840.28 $ 6,682.65 $ 157.63 $ 87,894.72 18 4/1/2037 $ 87,894.72 $ 6,840.28 $ 6,693.78 $ 146.49 $ 81,200.94 19 4/1/2038 $ 81,200.94 $ 6,840.28 $ 6,704.94 $ 135.33 $ 74,496.00 20 4/1/2039 $ 74,496.00 $ 6,840.28 $ 6,716.12 $ 124.16 $ 67,779.88 21 4/1/2040 $ 67,779.88 $ 6,840.28 $ 6,727.31 $ 112.97 $ 61,052.57 22 4/1/2041 $ 61,052.57 $ 6,840.28 $ 6,738.52 $ 101.75 $ 54,314.05 23 4/1/2042 $ 54,314.05 $ 6,840.28 $ 6,749.75 $ 90.52 $ 47,564.30 24 4/1/2043 $ 47,564.30 $ 6,840.28 $ 6,761.00 $ 79.27 $ 40,803.30 25 4/1/2044 $ 40,803.30 $ 6,840.28 $ 6,772.27 $ 68.01 $ 34,031.03 26 4/1/2045 $ 34,031.03 $ 6,840.28 $ 6,783.56 $ 56.72 $ 27,247.47 27 4/1/2046 $ 27,247.47 $ 6,840.28 $ 6,794.86 $ 45.41 $ 20,452.61 28 4/1/2047 $ 20,452.61 $ 6,840.28 $ 6,806.19 $ 34.09 $ 13,646.42 29 4/1/2048 $ 13,646.42 $ 6,840.28 $ 6,817.53 $ 22.74 $ 6,828.89 30 4/1/2049 $ 6,828.89 $ 6,840.28 $ 6,828.89 $ 11.38 $ (0.00)