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City of Little Canada, Minnesota
<br />$1,365,000 General Obligation Refunding Bonds, Series 2015A
<br />Crossover Refunding of 08A GO Bonds - TIF Portion Only
<br />Assumes Current Market BQ AA+ plus 25bps (Gross Funded)
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I Fiscal Total
<br />06/15/2015 -
<br />02/01/2016 - 14,930.13 14,930.13 14,930.13
<br />08/01/2016 11,891.25 11,891.25
<br />02/01/2017 130,000.00 0.900% 11,891,25 141,891.25 153,782.50
<br />08/01/2017 11,306 25 11,306.25
<br />02/01/2018 125,000.00 1.200% 11,306.25 136,306.25 147,612.50
<br />08/01/2018 - 10,556.25 10,556.25
<br />02/01/2019 130,000.00 1.400% 0 10,556.25 140,556.25 151,112.50
<br />08/01/2019 - - 9,646.25 9,646.25 -
<br />02/01/2020 130,000.00i.550% 9,646.25 139,646.25 149,292.50
<br />08/01/2020 - 8,638.75 8,638.75
<br />02/01/2021 135,000.00 1.700%u 8,638.75 143,638.75 152,277.50
<br />08/01/2021 7,491.25 7,491.25 -
<br />02/01/2022 135,000.00 1.85056 7,491.25 142,491.25 149,982.50
<br />08/01/2022 - 6,242.50 6,242.50
<br />02/01/2023 140,000.00 2.000% 6,242.50 146,242.50 152,485.00
<br />08/01/2023 - 4,842.50 4,842.50 -
<br />02/01/2024 145,000.00 2.100% 4,842.50 149,842.50 154,685.00
<br />08/01/2024 - 3,320.00 3,320.00
<br />02/01/2025 145,000.00 2.200% 3,320.00 148,320,00 151,640.00
<br />08/01/2025 - 1,725.00 1,725.00
<br />02/01/2026 150,000.00 2.300% 1,725.00 151,725.00 153,450.00
<br />Total $1,365,000,00
<br />8166,250,13 $1,531,250,13
<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 />$8,576.92
<br />6.283 Years
<br />1.9383438%
<br />2.0974919%
<br />2.1022217%
<br />1,9299886%
<br />2.5842760%
<br />Net Interest Cost
<br />Weighted Average Maturity
<br />Series 2015A GO Ref Bds - 1 Tax Increment Portion 1 5/7/2015 1 8:43 AM
<br />1.9383438%
<br />6.283 Years
<br />EHLERS
<br />AOERS IN PUBLIC FINANCE
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