|
$1,420,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Water Utility Revenue Bonds, Series 2016A
<br />Water Utility Revenue Bonds
<br />DEBT SERVICE SCHEDULE
<br />Date
<br />Principal Coupon Interest Total P+I
<br />105% Levy
<br />02/01/2017- - - - -
<br />02/01 /2018 130,000.00 0.900% 22,220.33 152,220.33 159,831.35
<br />02/01/2019 135,000.00 0.950% 17,520.00 152,520.00 160,146.00
<br />02/01/2020 140,000.00 1.050% 16,237.50 156,237.50 164,049.38
<br />02/01/2021 140,000.00 1.150% 14,767.50 154,767.50 162,505.88
<br />02/01/2022 140,000.00 1.250% 13,157.50 153,157.50 160,815.38
<br />02/01/2023 145,000.00 1.350% 11,407.50 156,407.50 164,227.88
<br />02/01/2024 145,000.00 1.450% 9,450.00 154,450.00 162,172.50
<br />02/01/2025 145, 000.00 1.550% 7,347.50 152, 347.50 159, 964.88
<br />02/01/2026 150,000.00 1.650% 5,100.00 155,100.00 162,855.00
<br />02/01/2027 150,000.00 1.750% 2,625.00 152,625.00 160,256.25
<br />Total $1,420,000.00
<br />$119,832.83
<br />$1,539,832.83 $1,616,824.47
<br />SIGNIFICANT DATES
<br />Dated 11/23/2016
<br />Delivery Date 11/23/2016
<br />First Coupon Date . . . 8/01/2017
<br />Yield Statistics
<br />Bond Year Dollars $8,243.22
<br />Average Life 5.805 Years
<br />Average Coupon 1.4537134%
<br />Net Interest Cost (NIC) 1.6001368%
<br />True Interest Cost (TIC) 1.6043670%
<br />Bond Yield for Arbitrage Purposes 1.4492304%
<br />All Inclusive Cost (AIC) 1.9098832%
<br />IRS Form 8038
<br />Net Interest Cost 1.4537134%
<br />Weighted Average Maturity 5.805 Years
<br />2016A GO Bonds 9.20.16 1 Water Utility Revenue Bon 9/20/2016 1 10:20 AM
<br />Springsted
<br />Page 9
<br />
|