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CITY OF LINO LAKES, MINNESOTA Prepared April 25, 1996
<br /> $3,000,000 GENERAL OBLIGATION By SPRINGSTED Incorporated
<br /> PARK FACILITIES BONDS
<br /> cod: 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% 198059 1981159 208,067
<br /> 1997 1999 155,000 4.40% 1581527 3131527 3291203
<br /> 1998 2000 160,000 4.55% 151 ,707 3111707 327,292
<br /> 1999 2001 165,000 4.70% 144,427 309,427 3241898
<br /> 2000 2002 175,000 4.80% 136,672 311 ,672 3271256
<br /> 2001 2003 185,000 4.95% 128,272 3131272 328,936
<br /> 2002 2004 195,000 5.05% 119014 314,114 3291820
<br /> 2003 2005 200,000 5.15% 1091266 309,266 3248729
<br /> 2004 2006 215,000 5.25% 98,966 313,966 329,664
<br /> 2005 2007 225,000 5.40% 87,678 312,678 328,312
<br /> 2006 2008 235,000 5.50% 75,528 3101528 326,054
<br /> 2007 2009 250,000 5.60% 62,603 312,603 3281233
<br /> 2008 2010 265,000 5.70% 48,603 313)603 329,283
<br /> 2009 2011 280,000 5.80% 33,498 313,498 329,173
<br /> 2010 2012 295,000 5.85% 17,258 3121258 3271871
<br /> ,T.,TALS: 3,000,000 1 ,570,278 4,570,278 4,7981791
<br /> Bond Years: 28,710.00 Annual Interest: 115701278
<br /> Avg. Maturity: 9.57 Plus Discount: 45,000
<br /> Avg. Annual Rate: 5.469% Net Interest: 1 ,615,278
<br /> T.I.C. Rate: 5.646% N. I.C. Rate: 5.626%
<br /> 1995 Taxable Valuation: $ 501 ,8251800
<br /> Total Levy (Average of Levy Years: 1997-2009)
<br /> Column 7: $ 327,912 0.65 / $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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