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Exhibit A Direct Bank Placement Bank Qualified
<br />Elementary 11
<br />Issue Date Dec 2010
<br />Loan Amt 30,000,000
<br />Interest rate 4.75%
<br />period rate 0.003958333
<br />Years 15
<br />Period Principal
<br />Dec-10 Issuance
<br />Aug-11
<br />Feb-12 1,550,000.00
<br />Aug-12
<br />Feb-13 1,850,000.00
<br />Aug-13
<br />Feb-14 1, 850,000.00
<br />Aug-14
<br />Feb-15 1,850,000.00
<br />Aug-15
<br />Feb-16 1,850, 000.00
<br />Aug-16
<br />Feb-17 2,101,000.00
<br />Aug-17
<br />Feb-18 2,101,000.00
<br /> Growth Projected
<br /> Fiscal Year Total Fiscal Yr New ~ Value Proj Tax
<br />Interest Balance Payment Payments Value of 1cent Impact
<br /> cents
<br /> 30,000,000.00 Actual Val ue> 1,505,352
<br /> 1.4% 1,526,427
<br />950,000.00 30,000,000.00
<br />.712,500.00 28,450,000.00 3,212,500.00 3,212,500.00 2.0% 1,556,955 2.06
<br />675,687.50 28,450,000.00
<br />675,687.50 26,600,000.00 3,201,375.00 3,201,375.00 2.5% 1,595,879 2.01
<br />631,750.00 26,600,000.00
<br />631,750.00 24,750,000.00 3,113,500.00 3,113,500.00 2.5% 1,635,776 1.90
<br />587,812.50 24,750,000.00
<br />587,812.50 22,900,000.00 3,025,625.00 3,025,625.00 2.5% 1,676,671 1.80
<br />543,875.00 22,900,000.00
<br />543,875.00 21,050,000.00 2,937,750.00 2,937,750.00 2.5% 1,718,588 1.71
<br />499,937.50 21,050,000.00
<br />499,937.50 18,949,000.00 .3,100,875.00 3,100,875.00 2.5% 1,761,552 1.76
<br />450, 038.75 18, 949, 000.00
<br />450,038.75 16,848,000.00 3,001,077.50 3,001,077.50 2.5% 1,805,591 1.66
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