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City_of Little Canada, Minnesota
<br />$900,000 General Obligation P1R Fund Bonds, Series 2008
<br />(2008 -2009 Street & Utility improvements /B2 and Viking Drive Areas)
<br />-Full Competitve Sale /St. Jude Phase 1 /Moody's "Al "-
<br />Debt Service Schedule
<br />Date Principal Coupon Intorost Total P +I Fiscal Total
<br />04/01/2008 - - - -
<br />02/01/2009 - - 25,004.17 25,004.17 25,004.17
<br />08/01/2009 - - 5,002.50 15,002.50
<br />02/01/2010 80,000.00 2.400% 5,002.50 95,002.50 110,005.00
<br />08/01/2010 - - 4,042.50 14,042.50
<br />02/01/2011 80,000.00 2.700% 4,042,50 94,042 50 108,085.00
<br />08/01/2011 - - 2,962.50 12,962.50 -
<br />02/01/2012 80,000.00 2.900% 2,962,50 92,962.50 105,925.00
<br />08/01/2012 - - 1,802.50 11,802.50 -
<br />02/01/20I3 85,000.00 3.100% 1,802.50 96,802.50 108,605.00
<br />08/01/2013 - - 0485.00 10,48500 - -
<br />02/01/2014 90,000.00 3.250% 0,485.00 100,48500 110,970.00
<br />08/01/2014 - - 9,022.50 9,022.50 -
<br />02/01/2015 90,000.00 3.400% 9,022,50 99,022.50 108,04500
<br />08/01/2015 - 7,492.50 7,492,50
<br />02/01/2016 95,000.00 1600% 7,192.50 102,492.50 109,985.00
<br />08/01/2016 - 5,782.50 5,782.50 -
<br />02/01/2017 95,000.00 3,700% 5,782.50 100,782.50 106,565.00
<br />08/01/2017 - 4,025.00 4,025.00
<br />02/01/2018 100,000.00 1850% 4,025.00 104,025.00 108,050.00
<br />08/01/2018 - - 2,100.00 2,100.00
<br />02/01/2019 105,000.00 4.000% 2,100.00 107,100,00 109,200.00
<br />Total 5900,000.00 5210,439.17 51,110,439.17
<br />Yield Statistics
<br />Bond Year Dollars
<br />Average Life
<br />Average Coupon
<br />Net Interest Cost (NIC)
<br />True Interest Cost (TIC)
<br />Bond Yield for Arbitrage Purposes
<br />All Inclusive Cost (AIC)
<br />IRS Form 8038
<br />55,935.00
<br />6,594 Years
<br />3.5457316%
<br />3.7352851%
<br />3,7448081%
<br />3.9652927%
<br />3.9712020 °%
<br />Net Interest Cost 35457316%
<br />Weighted Average Maturity 6.594 Years
<br />Rer 08 TIF & P1R ads 1 PIR 1 31512008 1 3 :59 PM
<br />Ehlers & Associates, Inc.
<br />Leaders in Public Finance since, 1955.
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