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<br />
<br />$315,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Bonds, Series 2018A
<br />Lake Drive Utility Portion
<br />DEBT SERVICE SCHEDULE
<br />Date Principal Coupon Interest Total P+I 105% D/S
<br />02/01/2019 -----
<br />02/01/2020 25,000.00 3.000%11,373.25 36,373.25 38,191.91
<br />02/01/2021 30,000.00 3.000%9,435.00 39,435.00 41,406.75
<br />02/01/2022 30,000.00 3.000%8,535.00 38,535.00 40,461.75
<br />02/01/2023 30,000.00 3.000%7,635.00 37,635.00 39,516.75
<br />02/01/2024 30,000.00 3.000%6,735.00 36,735.00 38,571.75
<br />02/01/2025 30,000.00 3.000%5,835.00 35,835.00 37,626.75
<br />02/01/2026 35,000.00 3.000%4,935.00 39,935.00 41,931.75
<br />02/01/2027 35,000.00 4.000%3,885.00 38,885.00 40,829.25
<br />02/01/2028 35,000.00 4.000%2,485.00 37,485.00 39,359.25
<br />02/01/2029 35,000.00 3.100%1,085.00 36,085.00 37,889.25
<br />Total $315,000.00 -$61,938.25 $376,938.25 $395,785.16
<br />SIGNIFICANT DATES
<br />
<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.......................................................................................................................................................$1,851.75
<br />Average Life...............................................................................................................................................................5.879 Years
<br />Average Coupon.........................................................................................................................................................3.3448495%
<br />
<br />Net Interest Cost (NIC)................................................................................................................................................3.0038126%
<br />True Interest Cost (TIC)...............................................................................................................................................2.9557608%
<br />Bond Yield for Arbitrage Purposes.............................................................................................................................3.0859406%
<br />All Inclusive Cost (AIC)...............................................................................................................................................3.1278313%
<br />IRS Form 8038
<br />Net Interest Cost.........................................................................................................................................................2.7745697%
<br />Weighted Average Maturity........................................................................................................................................5.910 Years
<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) | Utilities - Water (Lake D | 9/27/2018 | 12:56 PM
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