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Page 5
<br />
<br />
<br />$1,815,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Street Reconstruction Bonds, 2021A
<br />Issue Summary
<br />NET DEBT SERVICE SCHEDULE
<br />Date Principal Coupon Interest Total P+I CIF Net New D/S 105% Levy
<br />02/01/2022 --10,524.11 10,524.11 (10,524.11)--
<br />02/01/2023 175,000.00 0.550%19,330.00 194,330.00 -194,330.00 204,046.50
<br />02/01/2024 175,000.00 0.650%18,367.50 193,367.50 -193,367.50 203,035.88
<br />02/01/2025 175,000.00 0.750%17,230.00 192,230.00 -192,230.00 201,841.50
<br />02/01/2026 180,000.00 0.850%15,917.50 195,917.50 -195,917.50 205,713.38
<br />02/01/2027 180,000.00 0.950%14,387.50 194,387.50 -194,387.50 204,106.88
<br />02/01/2028 180,000.00 1.150%12,677.50 192,677.50 -192,677.50 202,311.38
<br />02/01/2029 185,000.00 1.200%10,607.50 195,607.50 -195,607.50 205,387.88
<br />02/01/2030 185,000.00 1.350%8,387.50 193,387.50 -193,387.50 203,056.88
<br />02/01/2031 190,000.00 1.500%5,890.00 195,890.00 -195,890.00 205,684.50
<br />02/01/2032 190,000.00 1.600%3,040.00 193,040.00 -193,040.00 202,692.00
<br />Total $1,815,000.00 -$136,359.11 $1,951,359.11 (10,524.11)$1,940,835.00 $2,037,876.75
<br />SIGNIFICANT DATES
<br />
<br />Dated Date............................................................................................................................................................7/15/2021
<br />Delivery Date.........................................................................................................................................................7/15/2021
<br />First Coupon Date..................................................................................................................................................2/01/2022
<br />
<br />Yield Statistics
<br />
<br />Bond Year Dollars..................................................................................................................................................$11,123.17
<br />Average Life..........................................................................................................................................................6.128 Years
<br />Average Coupon....................................................................................................................................................1.2259019%
<br />
<br />Net Interest Cost (NIC)...........................................................................................................................................1.3564403%
<br />True Interest Cost (TIC)..........................................................................................................................................1.3584165%
<br />Bond Yield for Arbitrage Purposes...........................................................................................................................1.2212360%
<br />All Inclusive Cost (AIC)...........................................................................................................................................1.7310889%
<br />
<br />IRS Form 8038
<br />Net Interest Cost...................................................................................................................................................1.2259019%
<br />Weighted Average Maturity.....................................................................................................................................6.128 Years
<br />2021A GO Bonds 10 Yrs 4.2 | SINGLE PURPOSE | 4/21/2021 | 12:42 PM
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