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CITY OF LINO LAKES, MINNESOTA Prepared April 25, 1996
<br /> $4,000,000 GENERAL OBLIGATION By SPRINGSTED Incorporated
<br /> PARK FACILITIES BONDS
<br /> /"1
<br /> ated: 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% 2640169 2641169 277,377
<br /> 1997 1999 205,000 4.40% 2111335 416,335 437,152
<br /> 1998 2000 215,000 4.55% 202,315 417,315 438,181
<br /> 1999 2001 225,000 4.70% 192,532 417,532 438,409
<br /> 2000 2002 235,000 4.80% 181 ,957 4161957 437,805
<br /> 2001 2003 2451000 4.95% 170,677 415,677 436,461
<br /> 2002 2004 255,000 5.05% 1581549 413,549 434,226
<br /> 2003 2005 270,000 5.15% 145,671 4151671 436,455
<br /> 2004 2006 285,000 5.25% 131 ,766 416,766 437,604
<br /> 2005 2007 300,000 5.40% 116,803 416,803 437,643
<br /> 2006 2008 315,000 5.50% 100,603 4151603 4360383
<br /> 2007 2009 335,000 5.60% 83,278 418,278 439,192
<br /> 2008 2010 350,000 5.70% 64,518 414,518 435,244
<br /> 2009 2011 370,000 5.80% 44,568 4141568 435,296
<br /> 2010 2012 395,000 5.85% 231108 418008 439,013
<br /> ,�OTALS: 4,000,000 2,091 ,849 6,091 ,849 61396,441
<br /> Band Years: 38,250.00 Annual Interest: 2,091 ,849
<br /> Avg. Maturity: 9.56 Plus Discount: 60,000
<br /> Avg. Annual Rate: 5.469% Net Interest: 21151 ,849
<br /> T.I.C. Rate: 5.645% N. I.C. Rate: 5.626%
<br /> 1995 Taxable Valuation: $ 501 ,825,800
<br /> Total Levy (Average of Levy Years: 1997-2009)
<br /> Column 7: $ 436,927 0.87 J $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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