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9 <br />EXHIBIT 1 <br />Property. Description and Payment Schedule <br />Re: Property Schedule No. 1 to Master Tax -Exempt Installment Purchase Agreement between U.S. Bancorp <br />Government Leasing and Finance, Inc. and City of Everett. <br />The Property is as follows: The Property as more fully described in Exhibit A incorporated herein by reference and <br />attached hereto. <br />PROPERTY LOCATION: <br />Address <br />City, State Zip Code <br />USE: Ameresco Lighting Project - This use is essential to the proper, efficient and economic functioning of Purchaser or <br />to the services that Purchaser provides; and Purchaser has immediate need for and expects to make immediate use of <br />substantially all of the Property, which need is not temporary or expected to diminish in the foreseeable future. <br />Installment Payment Schedule <br />Total I <br />�rinci al Amount: <br />Payment No. <br />$1,3cil,yus. Installment <br />Due Date Payment <br />Principal <br />Portion <br />Interest <br />Portion <br />Termination <br />Amount <br />After Making Payment <br />for said Due Date <br />1 <br />5/7/2016 <br />113,142.06 <br />82,221.57 <br />30,920.43 <br />1,319,101.87 <br />2 <br />5/7/2017 <br />113,142.00 <br />75,106.29 <br />38,035.71 <br />1,241,742.39 <br />3 <br />5/7/2018 <br />113,142.00 <br />77,336.92 <br />35,805.08 <br />1,162,085.37 <br />4 <br />5/7/2019 <br />113,142.00 <br />79,633.79 <br />33,508.21 <br />1,080,062.56 <br />5 <br />5/7/2020 <br />113,142.00 <br />81,998.88 <br />31,143.12 <br />995,603.72 <br />g <br />5/7/2021 <br />113,142.00 <br />84,434.21 <br />28,707.79 <br />908,636.48 <br />7 <br />5/7/2022 <br />113,142.00 <br />86,941.88 <br />26,200.12 <br />819,086.34 <br />8 <br />5/7/2023 <br />113,142.00 <br />89,524.01 <br />23,617.99 <br />726,876.61 <br />g <br />5/7/2024 <br />113,142.00 <br />92,182.84 <br />20,959.16 <br />631,928.29 <br />10 <br />5/7/2025 <br />113,142.00 <br />94,920.63 <br />18,221.37 <br />534,160.04 <br />433,488.11 <br />11 <br />5/7/2026 <br />5/7/2027 <br />113,142.00 <br />113,142.00 <br />97,739.74 <br />100,642.57 <br />15,402.26 <br />12,499.43 <br />329,826.26 <br />12 <br />13 <br />5/7/2028 <br />113,142.00 <br />103,631.61 <br />9,510.39 <br />223,085.70 <br />14 <br />5/7/2029 <br />113,142.00 <br />106,709.42 <br />6,432.58 <br />113,175.00 <br />15 <br />5/7/2030 <br />113,142.00 <br />109,878.64 <br />3,263.36 <br />0.00 <br />TOTALS <br />1,697,130.00 <br />1,362,903.00 <br />334,227.00 <br />Interest Rate: 2.U1'/o <br />Purchaser: City of Everett <br />I name: <br />[T !fle: <br />• G <br />