|
FILE; PLVOTEDPARK7.80\lM 1997 CITY OF PRIOR LAKE,MINNESOTA EXHIBIT !
<br /> DATE OF ANALYSIS: JANJUARY S.1997 GENERAL OBLIGATION PARK BONDS OF 19,97
<br /> DATED DATE OF ISSUE: JLNE 1.1997 PAR AMOUNT: $7,80000
<br /> (A) (B) (C) (D) (E) M (G) (H) (1) 0) (K) (L) M) (N) (0) (P) IQ) (Q)
<br /> I') ANNUAL \LNRX T
<br /> EST. TOTAL ANNUAL \(I;T.VALUE TAX MARKET VALUE OF PROPERTY
<br /> (12.11 INTEREST DEBT STATL70RY CAPITALIZED TAX SURPLUS CLAILLATI\E INCREASE)y RATE
<br /> YEAR PRINCIPAL RATES INTEREST SERVICE 0.00% INTEREST LEVY 'DEFICIT BALANCE 4.001. INCREASE S85.000 SIW.OW S110.000 S125.000 SI50.OW S175.000
<br /> 1997 203,470.00 203.470.00 203.470.00 S203.470.00 SO.W SO.W S0.00 620,758.400 0.0000%
<br /> 1998 4M940.00 406,910.00 406,940.00 40b.910.00 0.00 000 645.58&736 0.0030% 53.38 63.03 6934 7&79 94.53 110.31
<br /> 1999 W.000,00 4.15% 406,940.00 531,9-10.00 531,940.00 531.}W.00 O.W 0.W 671,412.285 0.G792% 67.34 79.23 87.15 99.03 11&84 138.65
<br /> 2000 1256000-00 430% 401.731.50 326,752.50 52C752.50 526,752.50 0.00 0.00 698.268.777 0.07541t &t12 7544 8198 94.30 113.16 13ZOI
<br /> 2001 150.000.00 4.50% 396,377.50 346.377.50 346.377.50 546.377.50 QW 0.00 726.199.528 0.07521. 63.93 75.24 8176 94.05 112.86 131.67
<br /> 2002 171000.00 4.60% 389.627.30 564.627.10 364.627.50 364.627.50 QW 0.00 755.247,509 0.0748% 63.53 74.76 8124 93.43 112.14 00.113
<br /> 30M 200,000.00 4,70% 381.577.50 581,577.30 581.577,50 581.577.50 0.00 0.00 785.457.409 0.07-101. 62.94 74.04 81.45 92.55 111.06 129.58
<br /> 2004 2--15.000.00 4.75% 372.177.50 597.177.50 591,177.50 597,177.50 QW 0.00 816,875,706 0.G731. 62.14 73.11 80.42 9138 109.66 127.93
<br /> 2005 250.000.00 4.80% 36I.490.00 611.490.00 611,490.00 611.490.00 0.00 0.00 849.330.734 0.07201. 61.18 71.98 79.18 89.97 107.97 125.96
<br /> 2006 275000.00 4.90% 349.490.00 624.490,W 624,490.W 62449000 GOO 000 883.532.763 0.07071c 6QO8 7Q68 77.75 8835 106.02 123.69
<br /> 2007 300,000.00 3.00 a 336.015.00 636.015.00 636.013.00 636.015.W 0.00 G00 918.974.074 0.0692 c 58.83 69.22 76.14 8&52 103.83 121.13
<br /> 2008 3.30.000.00 S.10% 321.013.W 671,015.00 671.015.00 01.015.W QW 0.00 955.o21),017 0.070-1% 59.68 7022 -'7.24 87.77 10133 122.83
<br /> 2009 400 ODO.W 3101. 303.165.00 703.163.W 703.16i.00 703.165.W 0.00 0.W 993.854.198 0.07081 60.14 70.73 T7.83 88.44 106,13 123.81
<br /> 2010 450.000.00 5.251. 282.365.00 732.365.00 731365.00 732.36500 OW G00 1.033,608.366 0G709% 60.23 7Q86 77.94 88.57 106.28 124.00
<br /> 2011 500.000.00 530% 258.740.00 758.740.00 758.740.00 758.74100 0.00 000 1.074,952.701 0,0706'.. 60.00 70.58 77.64 8&23 105.88 123.52
<br /> 2012 530.000.00 33A 232.240.00 78^_.240.00 782.240.00 78-:.2+O.W 0.00 0.00 1.117.950,809 0.0700< 5948 69.97 76,97 87.46 104.96 12235
<br /> 2013 600.000.00 5,40% 201815.00 802.815.00 802.813.00 802.813.00 0.00 0.00 1.162.668,841 0.00901 3&69 69.03 7395 86.31 103.57 120.84
<br /> 2014 675.000.00 5.40% 17Q413.00 843.413.00 843.413.00 84i-11i,00 0.00 000 1.20%175.593 006991. 59.43 69.92 76.91 97,40 104.87 122.33
<br /> 2013 730.000.00 5.45% 133.965.00 SM.965.00 8m,963.00 80.965.00 0.00 0,00 1.257,342,619 0.07031. 39.73 70.29 T,32 87.87 105.44 123.01
<br /> 2016 8.20,000.00 5.45% 93.090.00 90.090.00 913.090.00 913.090.00 0..00 0.00 1,307.844,324 0.06981. 59.34 69.82 76,80 87.27 104.72 122.18
<br /> 2017 880.000.00 5.50% 48.400.00 928,400,00 92840000 928,400.00 OW 0.00 1.360.138,096 0.06M11 59.02 6826 73.08 83.32 102.39 119AS
<br /> 7,8W.000.00 6,052,067.30 13.852.067.30 13,832.06".50 203.470.00 S13,618.397.50 SQW AVG.ANNUAL INCR. S"62 S7132 $7&4S WAS $10G96 $L24.b1
<br /> MONTHLY LNCR. $5.05 $5.94 $6.54 $7.43 SA92 $10.40
<br /> I') THIS VALUATION IS THE 1997 ESTI\LATED\LARKET VALUE THAT IS INCREASED ON A 4.00%CU\WULATIVE BASIS PER YEAR
<br /> APPLICATION OF FL'N-DS
<br /> PARAMOUNT OF ISSUE S7.800,0W 00 BONDS DATED: JUNE 1,1997 ESTI\LATER AA'ERAGE COUPON RATE: 5.32090:
<br /> LESS:COSTS OF ISSUANCE 1 ',ESTIMATED NET EFFECTIVE RATE: -- S_4S59a
<br /> DISCOUIT FACTOR(1.961<OF PAR) 1152.880.W) BONDS MATURE, DECEMBER 1,1999TIIROUGH 2O17
<br /> CAPITALIZED INTEREST(12\tO,NTHS) (203.470.00)
<br /> ESTIMATED REGISTRATION COSTS(ONETLME) (4 SW.W) LNTERFST. DECL%IBER 1,1997 AND SE\UANNL'ALLY THEREAFTER
<br /> ESTIMATED FINANCIAL ADVISOR (29.000,00) ON EACH JL'NrE I.AND DECEMBER I
<br /> ESTIMATED BOND PRL\TLNG A RATING (7.0W.00)
<br /> ESTLMATED LEGAL SERVICES (6.5W.00) OPTION: ALL BONDS\IATURIN:G IN THE PEARS 2005 THROUGH
<br /> SUBTOTAL S7.396.350.00 2017 ARE CALLABLE AT THE OPTION OF THE CITY ON
<br /> ADD:MVESTMENT INCO\IE ON CONSTR ACCOUNT $250.000.00 DECEBMER 1,2004ORANY WFEREST PAYMENT DATE PREPARED BY:
<br /> --- THEREAFTER AT PAR PLUS ACCRUED INTEREST. JLRAN&MOODY,INC.
<br /> AVAILABLE FOR CONSTR.R OTHER HARD COSTS 1 57646330.W1 PURCFLASEPRICE. S7.647,120.00 STET-N
<br /> �---------' i Y� J.1L4TTSON V.P.
<br /> PAYING AGE.'.7& 612-224.1SOO
<br /> REGISTRAR FIRST TRUST NATIONAL ASSOCIATION OF 5T.PALT 1.800-9.40-46"
<br /> ESTIMATED CLOSING DATE 15 BUSINESS DAYS AFTER SALE
<br /> 1
<br />
|