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$1,980,000 <br />City of Lino Lakes, Minnesota <br />Taxable General Obligation Improvement Refunding Bonds, Series 2016B <br />Current Refunding of Series 2005A <br />Debt Service Schedule <br />Date <br />Principal Coupon Interest Total P+I <br />02/01/2017 - - - - <br />02/01/2018 480,000.00 1.100% 32,474.50 512,474.50 <br />02/01/2019 490,000.00 1.300% 22,035.00 512,035.00 <br />02/01/2020 500,000.00 1.450% 15,665.00 515,665.00 <br />02/01/2021 510, 000.00 1.650% 8,415.00 518,415.00 <br />Total $1,980,000.00 $78,589.50 $2,058,589.50 <br />Yield Statistics <br />Bond Year Dollars $5,374.00 <br />Average Life 2.714 Years <br />Average Coupon 1.4624023% <br />Net Interest Cost (NIC) 1.7203108% <br />True Interest Cost (TIC) 1.7263874% <br />Bond Yield for Arbitrage Purposes 1.4605800% <br />All Inclusive Cost (AIC) 2.2653742% <br />IRS Form 8038 <br />Net Interest Cost 1.4624023% <br />Weighted Average Maturity 2.714 Years <br />2016B Ref 2005A TAX (Curr I SINGLE PURPOSE 9%12/2016 10,43 .131 <br />Springsted <br />Page 12 <br />