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Section 13(E) hereof. <br /> SECTION 13. COMPUTATION OF ASSESSMENTS. The annual Assessment <br /> shall be computed for each Tax Parcel in the manner set forth in this Section 13. <br /> (A) ANNUAL CAPITAL COMPONENT. The"Annual Capital Component"shall be <br /> calculated for each Fiscal Year in which the Initial Prepayment Amount (or Adjusted <br /> Prepayment Amount, if applicable) of the Tax Parcel is outstanding as the annual <br /> installment of principal due based on a debt service schedule prepared with the Initial <br /> Prepayment Amount for such Tax Parcel as the beginning balance and ensuring that the <br /> principal is payable in equal installments over a 15-year period. <br /> (B) COLLECTION COST COMPONENT. The"Collection Cost Component"shall <br /> be computed each Fiscal Year for each Tax Parcel by(1)dividing (a)the Initial or Adjusted <br /> Prepayment Amount, as applicable, for such Tax Parcel by (b) the sum of the aggregate <br /> Initial or Adjusted Prepayment Amount, as applicable, remaining in the MSBU, and (2) <br /> multiplying the result by the Collection Cost. <br /> (C) STATUTORY DISCOUNT AMOUNT. The"Statutory Discount Amount"shall <br /> be computed for each Tax Parcel as the amount the County is allowed by law to budget <br /> receipts, which shall also include the maximum discount for early payment of ad valorem <br /> taxes and non-ad valorem assessments, such amount to be calculated by deducting (1)the <br /> sum of(a)the Annual Capital Component and (b)the Collection Cost Component, from (2) <br /> the amount computed by dividing (a) the sum of(i)the Annual Capital Component and (ii) <br /> the Collection Cost Component, by (b) 0.95. <br /> (D) ASSESSMENT. The annual Assessment for each Tax Parcel shall be <br /> computed as the sum of (1) the Annual Capital Component, (2) the Collection Cost <br /> 11 <br />