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<br />Preliminary
<br />$4,775,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Utility Revenue Bonds, Series 2020
<br />15 Year
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I 105% Levy
<br />02/01/2021 315,000.00 1.200%47,210.96 362,210.96 380,321.51
<br />02/01/2022 290,000.00 1.200%72,435.00 362,435.00 380,556.75
<br />02/01/2023 295,000.00 1.250%68,955.00 363,955.00 382,152.75
<br />02/01/2024 295,000.00 1.250%65,267.50 360,267.50 378,280.88
<br />02/01/2025 300,000.00 1.300%61,580.00 361,580.00 379,659.00
<br />02/01/2026 305,000.00 1.350%57,680.00 362,680.00 380,814.00
<br />02/01/2027 310,000.00 1.400%53,562.50 363,562.50 381,740.63
<br />02/01/2028 315,000.00 1.450%49,222.50 364,222.50 382,433.63
<br />02/01/2029 320,000.00 1.550%44,655.00 364,655.00 382,887.75
<br />02/01/2030 325,000.00 1.650%39,695.00 364,695.00 382,929.75
<br />02/01/2031 330,000.00 1.800%34,332.50 364,332.50 382,549.13
<br />02/01/2032 335,000.00 1.900%28,392.50 363,392.50 381,562.13
<br />02/01/2033 340,000.00 2.000%22,027.50 362,027.50 380,128.88
<br />02/01/2034 345,000.00 2.150%15,227.50 360,227.50 378,238.88
<br />02/01/2035 355,000.00 2.200%7,810.00 362,810.00 380,950.50
<br />Total $4,775,000.00 -$668,053.46 $5,443,053.46 $5,715,206.13
<br />SIGNIFICANT DATES
<br />Dated..........................................................................................................................................................................................6/18/2020
<br />Delivery Date..............................................................................................................................................................................6/18/2020
<br />First Coupon Date......................................................................................................................................................................2/01/2021
<br />Yield Statistics
<br />Bond Year Dollars......................................................................................................................................................................$37,517.85
<br />Average Life...............................................................................................................................................................................7.857 Years
<br />Average Coupon........................................................................................................................................................................1.7806284%
<br />Net Interest Cost (NIC)..............................................................................................................................................................1.9015376%
<br />True Interest Cost (TIC).............................................................................................................................................................1.9036962%
<br />Bond Yield for Arbitrage Purposes............................................................................................................................................1.7708313%
<br />All Inclusive Cost (AIC)..............................................................................................................................................................2.0432865%
<br />IRS Form 8038
<br />Net Interest Cost........................................................................................................................................................................1.7806284%
<br />Weighted Average Maturity.......................................................................................................................................................7.857 Years
<br />Interest rates are estimates. Changes in rates may
<br />cause significant alterations to this schedule.
<br />The actual underwriter's discount bid may also vary.
<br />2020 GO Utility Rev Bonds | SINGLE PURPOSE | 2/13/2020 | 3:11 PM
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