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City of Little Canada, Minnesota <br />$3,000,000 G.O. Temporary Street Reconstruction Bonds, Series 2015B <br />Assumes Current Market BQ AA+ plus 15bps <br />Debt Service Schedule <br />Date <br />06/15/2015 <br />01/01/2016 <br />07/01/2016 <br />01/01/2017 <br />07/01/2017 <br />Principal <br />Coupon Interest Total P+I Fiscal Total <br />3,000,000.00 0.800% <br />13,066.67 <br />12,000.00 <br />12,000.00 <br />12,000.00 <br />13,066.67 <br />12,000.00 <br />12,000.00 <br />3,012,000.00 <br />25,066.67 <br />3,024,000.00 <br />Total 53,000,000.00 549,066.67 $3,049,066.67 <br />Yield Statistics <br />Bond Year Dollars56,133.33 <br />A <br />Average Life 2.044 Years <br />Average Coupon 0.8000001% <br />Net Interest Cost (NEC) 1.1423914% <br />True Interest Cost (TIC) 1.1473492% <br />.__--- -tg ------------- ----_------- ----_ _____ <br />Bond Yield for Arbitrage Purposes 0.7999620% <br />All Inclusive Cost (AIC) I 6826281% <br />Ehlers & Associates, Inc. 12 Page 9 <br />