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In addition to bank loans in the amount of $2,020,829 shown on Exhibit A, accounts and holdbacks payable in the amount of $488,471 and commitments under building contracts of $9,240,360 will be financed similarly in fiscal year 1979/80.
Bank loans will be retired from the proceeds of debentures issued under the authority of the Act.
4.
Debentures and Long Term Loans Payable Balance Interest Annual Payments Maturity Date Outstanding Rate Including Interest A.
Central Mortgage and Housing Corporation 1.
Jan. 1, 2017 $ 200,487 5.375% $ 12,433 2. Jan. 1, 2018 989,579 5.875% 64,925 3. Jul. 1, 2019 2,322,335 6.875% 170,710 $3,512,401 $248,068 The debentures are secured by a floating charge on ...
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