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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 Comparison
<br />Date Total P+I PCF Existing D/S Net New D/S Old Net 0/S Savings
<br />02/01/2016 14,930.13 (1,309,930.13) 1,454,362.50 155,192.63 159,362.50 4,169.57
<br />02/01/2017 153,782.50 153,782.50 160,687.50 6,905.00
<br />02/01/2018 147,612,50 147,612.50 156,837.50 9,225.00
<br />02/01/2019 151,112.50 151,112.50 157,712.50 6,600.00
<br />02/01/2020 149,292.50 149,292.50 158,400.00 9,107.50
<br />02/01/2021 152,277.5(1 152,277.50 158,600.00 6,322.50
<br />02/01/2022 149,982.50 149,982.50 158,600.00 8,617,50
<br />02/01/2023 152,485.00 152,485.00 158,400.00 5,915.00
<br />02/01/2024 154,685.00 - 154,685.00 163,000.00 8,315.00
<br />02/01/2025 151,640.00 151.,640.00 162,200.00 10,560.00
<br />02/01/2026 153,450.00 153,450.00 161,200.00 7,750.00
<br />Total 81,531,250.13 (1,309,930.13) 81,4.54,362,50 $1,671,512.63 $1,755,000.00 $83,487.37
<br />PV Analysis Summary (Net to Net)
<br />Gross PV Debt Service Savings.,...................
<br />Net PV Ceshllow Savings G 1.930%(Bond
<br />Contingency or Round ing Amount..
<br />Net Present Value Benefit
<br />Net PV Benefit / $1,421,372.86 PV Refunded Debt Service.
<br />Net PV Benefit / $1,295,000 Refunded Pi mwpal...
<br />Net PV Benefit / $1,365,000 Refunding Prineipal..
<br />Refunding Bond Information
<br />71,124.05
<br />....................
<br />71,124.05
<br />4,169.87
<br />$75,293.92
<br />5.297%
<br />5.814%
<br />5.516%
<br />Refunding "Dated Date 6/15/2(115
<br />Refunding Delivery Date 6/15/2015
<br />Series 2015A GO Ref Bds - 1 Tax Increment Portion 1 5/ 7/2015 1 9:43 AM
<br />EHLERS
<br />LEAUEftS IN PUBLIC FINANCE
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