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Page 11
<br />
<br />$5,124,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Bonds, Series 2018A
<br />Street Reconstruction Portion
<br />DEBT SERVICE SCHEDULE
<br />Date Principal Coupon Interest Total P+I 105% Levy
<br />02/01/2019 -----
<br />02/01/2020 --187,248.25 187,248.25 196,610.66
<br />02/01/2021 294,000.00 3.000%167,685.00 461,685.00 484,769.25
<br />02/01/2022 305,000.00 3.000%158,865.00 463,865.00 487,058.25
<br />02/01/2023 315,000.00 3.000%149,715.00 464,715.00 487,950.75
<br />02/01/2024 325,000.00 3.000%140,265.00 465,265.00 488,528.25
<br />02/01/2025 335,000.00 3.000%130,515.00 465,515.00 488,790.75
<br />02/01/2026 345,000.00 3.000%120,465.00 465,465.00 488,738.25
<br />02/01/2027 355,000.00 4.000%110,115.00 465,115.00 488,370.75
<br />02/01/2028 365,000.00 4.000%95,915.00 460,915.00 483,960.75
<br />02/01/2029 380,000.00 3.100%81,315.00 461,315.00 484,380.75
<br />02/01/2030 395,000.00 3.200%69,535.00 464,535.00 487,761.75
<br />02/01/2031 405,000.00 3.250%56,895.00 461,895.00 484,989.75
<br />02/01/2032 420,000.00 3.300%43,732.50 463,732.50 486,919.13
<br />02/01/2033 435,000.00 3.350%29,872.50 464,872.50 488,116.13
<br />02/01/2034 450,000.00 3.400%15,300.00 465,300.00 488,565.00
<br />Total $5,124,000.00 -$1,557,438.25 $6,681,438.25 $7,015,510.16
<br />SIGNIFICANT DATES
<br />Dated.........................................................................................................................................................................12/19/2018
<br />Delivery Date.............................................................................................................................................................12/19/2018
<br />First Coupon Date......................................................................................................................................................8/01/2019
<br />
<br />Yield Statistics
<br />
<br />Bond Year Dollars.....................................................................................................................................................$46,840.80
<br />Average Life.............................................................................................................................................................9.141 Years
<br />Average Coupon.......................................................................................................................................................3.3249608%
<br />Net Interest Cost (NIC)...............................................................................................................................................3.2224245%
<br />True Interest Cost (TIC).............................................................................................................................................3.1992056%
<br />Bond Yield for Arbitrage Purposes...........................................................................................................................3.0859406%
<br />All Inclusive Cost (AIC)..............................................................................................................................................3.3180973%
<br />
<br />IRS Form 8038
<br />Net Interest Cost........................................................................................................................................................3.0926580%
<br />Weighted Average Maturity.......................................................................................................................................9.108 Years
<br />
<br />Interest rates are estimates. Changes in rates may
<br />cause significant alterations to this schedule.
<br />The actual underwriter's discount bid may also vary.
<br />2018A GO Bonds (9.27.18) | Street Reconstruction - ( | 9/27/2018 | 12:56 PM
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