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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 Comparison <br />Date <br />Total P+I Existing D/S <br />Net New D/S Old Net D/S Savings <br />02/01/2017 <br />02/01/2018 512,474.50 <br />02/01/2019 512,035.00 <br />02/01/2020 515,665.00 <br />02/01/2021 518,415.00 <br />485,117.50 <br />485,117.50 <br />512,474.50 <br />512, 035.00 <br />515, 665.00 <br />518,415.00 <br />485,117.50 <br />543,985.00 <br />546,735.00 <br />547, 530.00 <br />552, 037.50 <br />31, 510.50 <br />34,700.00 <br />31, 865.00 <br />33,622.50 <br />Total $2,058,589.50 $485,117.50 $2,543,707.00 $2,675,405.00 $131,698.00 <br />PV Analysis Summary (Net to Net) <br />Net FV Cashflow Savings 131,698.00 <br />Gross PV Debt Service Savings 127,242.35 <br />Net PV Cashflow Savings @ 1.461%(Bond Yield) 127,242.35 <br />Contingency or Rounding Amount 3,440.00 <br />Net Future Value Benefit $135,138.00 <br />Net Resent Value Benefit $130,682.35 <br />Net PV Benefit / $248,105.43 PV Refunded Interest 52.672% <br />Net PV Benefit / $2,107,242.35 PV Refunded Debt Service 6.202% <br />Net PV Benefit / $1,935,000 Refunded Principal 6.754% <br />,,. Refunding Bond Information <br />Refunding Dated Date 11/23/2016 <br />Refunding Delivery Date 11/23/2016 <br />20168 Ref 2005,1 7811 (Curr I SINGLE PURPOSE 9/12,'2016 110:43AM <br />Springsted <br />Page 13 <br />