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CITY OF LINO LAKES, MINNESOTA Prepared April 25, 1996
<br /> $2,000,000 GENERAL OBLIGATION By SPRINGSTED Incorporated
<br /> PARK FACILITIES BONDS
<br /> red: 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% 132,075 132,075 138,679
<br /> 1997 1999 105,000 4.40% 105,660 2101660 221 ,193
<br /> 1998 2000 105,000 4.55% 101 ,040 206,040 216,342
<br /> 1999 2001 110,000 4.70% 96,262 206,262 216,575
<br /> 2000 2002 1151000 4.80% 911092 206,092 216,397
<br /> 2001 2003 125,000 4.95% 85,572 210,572 221 ,101
<br /> 2002 2004 130,000 5.05% 79,384 209,384 219,853
<br /> 2003 2005 1350000 5.15% 72,819 207,819 218,210
<br /> 2004 2006 145,000 5.25% 65,866 210,866 2213409
<br /> 2005 2007 150,000 5.40% 58,253 208,253 218,666
<br /> 2006 2008 1601000 5.50% 509153 210,153 220,661
<br /> 2007 2009 165,000 5.60% 41 ,353 206,353 216,671
<br /> 2008 2010 175,000 5.70% 32,113 207,113 217,469
<br /> 2009 2011 1851000 5.80% 22,138 207,138 217,495
<br /> 2010 2012 195,000 5.85% 11 ,408 206,408 216,728
<br /> ATALS: 21000,000 1 ,045,188 3,045,188 3097,449
<br /> Bond Years: 19,115.00 Annual Interest: 1 ,045,188
<br /> Avg. Maturity: 9.56 Plus Discount: 30,000
<br /> Avg. Annual Rate: 5.468% Net Interest: 1 ,075,188
<br /> T.I.C. Rate: 5.645% N.I.C. Rate: 5.625%
<br /> 1995 Taxable Valuation: $ 501 ,825,800
<br /> Total Levy (Average of Levy Years: 1997-2009)
<br /> Column 7: $ 218,619 0.44 / $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.
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