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Lino Lakes Economic Development Authority
<br /> Community Center Lease Revenue Bonds,Series 1997
<br /> Dated Date 6/1/98
<br /> First Interest 2/1/99
<br /> Mature 2/1
<br /> Total Net Existing Projected Total Increase
<br /> Levy Maturity Principal & Capitalized Levy Public Proj. Lease Payment Net Due to
<br /> Year Date Principal Rates Interest Interest Interest Required Rev. Bonds Income Requirement This Issue
<br /> 1 2 3 4 5 6 7 8 9 10 11 12
<br /> 1997 2/1/1999 - 0.00% 133,505 133,505 - 133,505 119,888 0 253,393
<br /> 1998 2/1/2000 50,000 4.60% 200,258 250,258 250,258 116,588 0 366,846 250,258
<br /> 1999 2/1/2001 55,000 4.70% 197,958 252,958 252,958 138,238 0 391,196 252,958
<br /> 2000 2/1/2002 60,000 4.80% 195,373 255,373 255,373 133,175 0 388,548 255,373
<br /> 2001 2/1/2003 70,000 4.90% 192,493 262,493 262,493 128,075 0 390,568 262,493
<br /> 2002 2/1/2004 75,000 5.00% 189,063 264,063 264,063 122,900 0 386,963 264,063
<br /> 2003 211/2005 75,000 5.10% 185,313 260,313 260,313 142,650 0 402,963 260,313
<br /> 2004 2/1/2006 75,000 5.20% 181,488 256,488 256,488 135,650 0 392,138 256,488
<br /> 2005 2/1/2007 80,000 5.30% 177,588 257,588 257,588 128,550 0 386,138 267,588
<br /> 2006 2/1/2008 95,000 5.40% 173,348 268.348 268,348 121,450 0 389,798 268,348
<br /> 2007 2/1/2009 105,000 5.50% 168,218 273,218 273,218 114,300 387,518 273,218
<br /> 2008 2/1/2010 120,000 5.60% 162,443 282,443 282,443 107,150 389,593 282,443
<br /> 2009 2/1/2011 230,000 5.70% 155,723 385,723 385.723 385,723 385,723
<br /> 2010 2/1/2012 245,000 5.75% 142,613 387,613 387,613 387,613 387,613
<br /> 2011 2/1/2013 260,000 5.80% 128,525 388,525 388,525 388,525 388,525
<br /> 2012 2/1/2014 275,000 5.85% 113,445 388,445 388,445 388,445 388,445
<br /> 2013 2/1/2015 290,000 5.90% 97,358 387,358 387,358 387,358 387,358
<br /> 2014 2/1/2016 305,000 5.95% 80,248 385,248 385,248 385,248 385,248
<br /> 2015 2/1/2017 325,000 6.00% 62,100 387,100 387,100 387,100 387,100
<br /> 2016 2/1/2018 345,000 6.00% 42,600 387,600 387,600 387,600 387,600
<br /> 20171 1/20191 365,000 1 6.00%1 21,900 1 386,900 1 1 386,900 1 1 1 386,900 1 386 900
<br /> Totals $ 3,500,000 $ 3,001,553 $ 6,501,553 $ - $ 6,601,553 $ 1,508,614 $ - $ 8,010,167 $ 6 368 048
<br /> Bond Statistics Composition of Issue
<br /> Bond Years 51,408.33 Bond Issue $ 3,500,000
<br /> Annual Interest $ 3.001,553 Reserve Fund (350,000)
<br /> Discount 52,500 Discount (52,500)
<br /> Net Interest $ 3,054,053 Cost of Issuance (42,250)
<br /> N.I.C.Rate 5.941% Capitalized Interest 0
<br /> T.I.C.Rate 5.966% Available Funds $ 3,055,250
<br /> Interest rates are estimates;changes may cause significant alterations of this schedule.
<br /> The actual underwriter's discount bid may also vary.
<br /> Prepared by Sprinptted Inc.,3rAM Uno.)ds
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