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FUTURE CIP BOND ISSUES
<br />City of Little Canada, Minnesota
<br />$2,570,000 General Obligation CIP Bonds, Series 2014
<br />Assumes Current Market BQ M Rates plus 25bps
<br />$2.5M project costs
<br />Debt Service Schedule
<br />APPENDIX B
<br />105%
<br />Date Principal Coupon Interest Total P +I Overlevy Fiscal Total
<br />02/01/2014 - - -
<br />02/01/2015 105,000.00 0.700% 73,765.00 178,765.00 187,703.25 187,703.25
<br />08/01/2015 - 36,515.00 36,515.00 38,340.75
<br />02/01/2016 105,000.00 0800% 36,515.00 141,515.00 148,590.75 186,931.50
<br />08/01/2016 - - 36,095.00 36,095.00 37,899.75
<br />02/01/2017 105,000.00 1.100% 36,095.00 141,095.00 148,149.75 186,049.50
<br />08/01/2017 - - 35,517.50 35,517.50 37,293.38
<br />02/01/2018 105,000.00 1.400% 35,517.50 140,517.50 147,543.38 184,836.75
<br />08/01/2018 - 34,782.50 34,782.50 36,521.63
<br />02/01/2019 110,000.00 1.700% 34,782.50 144,782.50 152,021.63 188,543.25
<br />08/01/2019 - 33,847.50 33,847.50 35,539.88
<br />02/01/2020 110,000.00 2.000% 33,847.50 143,847.50 151,039.88 186,579.75
<br />08/01/2020 - - 32,747.50 32,747.50 34,384.88
<br />02/01/2021 115,000.00 2200% 32,747.50 147,747.50 155,134.88 189,519.75
<br />08/01 /2021 - - 31,482.50 31,482.50 33,056.63 -
<br />02/01/2022 115,000.00 7.400% 31,482.50 146,482.50 153,806.63 186,863.25
<br />08/01/2022 - 30,102.50 30,102.50 31,607.63
<br />02/01/2023 120,000.00 2.650% 30,102.50 150,102.50 157,607.63 189,215.25
<br />08/01/2023 - 28,512.50 28,512.50 29,938.13
<br />02/01/2024 120,000.00 2.800% 28,512.50 148,512.50 155,938.13 185,876.25
<br />08/01/2024 - 2.6,832.50 26,832.50 28,174.13
<br />02/01/2025 125,000.00 2.950% 26,832.50 151,832.50 159,424.13 187,598.25
<br />08/01/2025 - - 24,988.75 24,988.75 26,238.19
<br />02/01/2026 130,000.00 3.150% 24,988.75 154,988.75 162,738.19 188,976.38
<br />08811/2026 - 22,941.25 22,941.25 24,088.31
<br />02/01/2027 135,000.00 3.350% 22,941.25 157,941.25 165,838.31 189,926.63
<br />08/01/2027 - 20,680.00 20,680.00 21,714.00
<br />02/01/2028 135,000.00 3.500% 20,680.00 155,680.00 163,464.00 185,178.00
<br />08/01/2028 - 18,317.50 18,317.50 19,233.38
<br />02/01/2029 140,000.00 3.650% 18,317.50 158,317.50 166,233.38 185,466.75
<br />08/01/2029 - 15,762.50 15,762.50 14,550.63
<br />02/01/2030 145,000.00 3.800% 15,762.50 160,762.50 168,800.63 185,351.25
<br />08/01/2030 - 13,007.50 13 007.50 13,657.88
<br />02/01/2031 155,000.00 3.900% 13,007.50 168,007.50 176,407.88 190,065.75
<br />08/01/2031 - - 9,985.00 9,985.00 10,184.25
<br />07/01/2032 160,000.00 4.000% 9,985.00 169,985.00 178,484.25 188,968.50
<br />08/01/2032 - - 6,785.00 6,785,00 7,124.25
<br />02/01/2033 165,000.00 4.000% 6,785.00 171,785.00 180,374.25 187,498.50
<br />08 /01/2033 - - 3,485.00 3,485.00 3,659.25
<br />02/01/2034 170,000.00 4.100% 3,485.00 173, 485.00 182,159.25 185,818.50
<br />Total 12,570,000.00 - 8998,540.00 83,568,540.00 83,746,967.00
<br />Ehlers & Associates, Inc. Page 12
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