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Dated 7/01/2002
<br />Delivery Date 7/01/2002
<br />First Coupon Date 2/01/2003
<br />YIELD STATISTICS
<br />Bond Year Dollars $16,332.50
<br />Average Life 5.983 Years
<br />Average Coupon 4.0653987%
<br />Net Interest Cost (NIC) 4.2492853%
<br />True Interest Cost (TIC) 4.2575627%
<br />Bond Yield for Arbitrage Purposes 4.0429797%
<br />All Inclusive Cost (AIC) 4.4570120%
<br />IRS FORM 8038
<br />Net Interest Cost 4.0653987%
<br />Weighted Average Maturity 5.983 Years
<br />Springsted Incorporated
<br />Advisors to the Public Sector
<br />File = LINOLAKES.SF- Series 2002A -Issue Summary
<br />5/ 2/2002 2:32 PM
<br />Page 13
<br />$2,730,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Improvement Bonds
<br />Series 2002A
<br />NET DEBT SERVICE SCHEDULE
<br />Assessment
<br />Date
<br />Principal
<br />Coupon
<br />Interest
<br />Total P +,'
<br />CIF
<br />Net New D/S
<br />105% of Total
<br />Income Annual Surplus
<br />(1)
<br />(2)
<br />(3)
<br />(4)
<br />(5)
<br />(6)
<br />(7)
<br />(8) (9)
<br />2/01'2003
<br />-
<br />-
<br />60,541.25
<br />60,541.25
<br />(60,541.25)
<br />-
<br />-
<br />- -
<br />2/0112004
<br />275,000.00
<br />2.700%
<br />103,785.00
<br />378,785.00
<br />-
<br />378,785.00
<br />397,724.25
<br />412,923.91 15,199.66
<br />2/01/2005
<br />280,000.00
<br />3.100%
<br />96,360.00
<br />376,360.00
<br />-
<br />376,360.00
<br />395,178.00
<br />412,923.92 17,745.92
<br />2/0112006
<br />290,000.00
<br />3.400%
<br />87,680.00
<br />377,680.00
<br />-
<br />377,680.00
<br />396,564.00
<br />412,923.91 16,359.91
<br />2;0112007
<br />305,000.00
<br />3.650%
<br />77,820.00
<br />382,820.00
<br />382,820.00
<br />401,961.00
<br />412,923.92 10,962.92
<br />2/012008
<br />310,000,00
<br />3.900%
<br />66,687.50
<br />376,687.50
<br />-
<br />376,687.50
<br />395,521.88
<br />412,923.91 17,402.04
<br />2/01/2009
<br />235,000.00
<br />4.050%
<br />54,597.50
<br />289,597.50
<br />-
<br />289,597.50
<br />304,077.38
<br />315,817.51 11,740.14
<br />2/012010
<br />245,000.00
<br />4.200%
<br />45,080.00
<br />290,080.00
<br />-
<br />290,080.00
<br />304,584.00
<br />315,817.52 11,233.52
<br />2210112011
<br />250,000.00
<br />4.300%
<br />34,790.00
<br />284,790.00
<br />-
<br />284,790.00
<br />299,029.50
<br />315,817.51 16,788.01
<br />2/01/2012
<br />260,000.00
<br />4.400%
<br />24,040.00
<br />284,040.00
<br />-
<br />284,040.00
<br />298,242.00
<br />315,817.53 17,575.53
<br />2/01/2013
<br />280,000.00
<br />4.500%
<br />12,600.00
<br />292,600.00
<br />-
<br />292,600.00
<br />307,230,00
<br />315,817.51 8,587.51
<br />2/0112014
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />25,480.26 25,480.26
<br />2/0112015
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />25,480.26 25,480.26
<br />2/0112016
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />25,480.25 25,480.25
<br />2/01/2017
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />25,480.24 25,480.24
<br />2/012018
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />-
<br />25,480.25 25,480.25
<br />Total
<br />2,730,000.00
<br />-
<br />663,981.25
<br />3,393,981.25
<br />(60,541.25)
<br />3,333,440.00
<br />3,500,112.00
<br />3,771,108.41 270,996.41
<br />Dated 7/01/2002
<br />Delivery Date 7/01/2002
<br />First Coupon Date 2/01/2003
<br />YIELD STATISTICS
<br />Bond Year Dollars $16,332.50
<br />Average Life 5.983 Years
<br />Average Coupon 4.0653987%
<br />Net Interest Cost (NIC) 4.2492853%
<br />True Interest Cost (TIC) 4.2575627%
<br />Bond Yield for Arbitrage Purposes 4.0429797%
<br />All Inclusive Cost (AIC) 4.4570120%
<br />IRS FORM 8038
<br />Net Interest Cost 4.0653987%
<br />Weighted Average Maturity 5.983 Years
<br />Springsted Incorporated
<br />Advisors to the Public Sector
<br />File = LINOLAKES.SF- Series 2002A -Issue Summary
<br />5/ 2/2002 2:32 PM
<br />Page 13
<br />
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