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<br /> CITY OF LINO LAKES, MINNESOTA Prepared April 25, 1996
<br /> $1 ,000,000 GENERAL OBLIGATION By SPRINGSTED Incorporated
<br /> PARK FACILITIES BONDS
<br /> L _ed: 11 - 1 -1996
<br /> Mature: 2- 1
<br /> First Interest: 8- 1-1997
<br /> Total
<br /> Year of Year of Principal 105%
<br /> Levy Mat. Principal Rates Interest & Interest of Total
<br /> (1 ) (2) (3) (4) (5) (6) (7)
<br /> 1996 1998 0 0.00% 66,068 66,068 69,371
<br /> 1997 1999 50,000 4.40% 521854 102,854 107,997
<br /> 1998 2000 55,000 4.55% 50,654 105,654 110,937
<br /> 1999 2001 65,000 4.70% 48,151 103,151 108,309
<br /> 2000 2002 60,000 4.80% 45,566 105,566 110,844
<br /> 2001 2003 602000 4.95% 421686 102,686 107,820
<br /> 2002 2004 65,000 5.05% 39,716 104,716 109,952
<br /> 2003 2005 65,000 5.15% 36,433 101 ,433 1069505
<br /> 2004 2006 70,000 5.25% 33,085 103,085 108,239
<br /> 2005 2007 75,000 5.40% 29,410 104,410 109,631
<br /> 2006 2008 80,000 5.50% 25,360 105,360 110,628
<br /> 2007 2009 85,000 5.60% 20,960 105,960 111 ,258
<br /> 2008 2010 90,000 5.70% 16,200 106,200 111 ,510
<br /> 2009 2011 901000 5.80% 11 ,070 101 ,070 106,124
<br /> 2010 2012 100,000 5.85% 5,850 105,850 111 ,143
<br /> TXkLS: 1 ,000,000 5241063 11524,063 1 ,600,268
<br /> Bond Years: 9,580.00 Annual Interest: 524,063
<br /> Avg. Maturity: 9.58 Plus Discount: 15,000
<br /> Avg. Annual Rate: 5.470% Net Interest: 539,063
<br /> T.I.C. Rate: 5.647% N.I.C. Rate: 5.627%
<br /> 1995 Taxable Valuation: $ 501 ,825,800
<br /> Total Levy (Average of Levy Years: 1997-2009)
<br /> Column 7: $ 109,212 0.22 ! $1 ,000 Tax Rate
<br /> Interest rates are estimates; changes may cause significant
<br /> alterations of this schedule.
<br /> The actual underwriter's discount bid may also vary.
<br />
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