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$1,015,000
<br />City of Lino Lakes, Minnesota
<br />G 0 Improvement & Utility Revenue Refunding Bonds, Series 2010
<br />Current Refunding of Series 2004A
<br />Debt Service Comparison
<br />Date Total P +I Net New D/S Old Net D/S Savings
<br />02/01/2011 118,906.88 118,906.88 121,736.26 2,829.38
<br />02/01/2012 112, 965.00 112, 965.00 119,101.26 6,136.26
<br />02/01/2013 112,252.50 112,252.50 116,296.26 4,043.76
<br />02/01/2014 111,350.00 111,350.00 118,321.26 6,971.26
<br />02/01/2015 115,162.50 115,162.50 120, 081.26 4,918.76
<br />02/01/2016 113, 562.50 113, 562.50 116, 281.26 2,718.76
<br />02/01/2017 111, 512.50 111, 512.50 117,481.26 5,968.76
<br />02/01/2018 114,162.50 114,162.50 118,481.26 4,318.76
<br />02/01/2019 116, 380.00 116, 380.00 119, 281.26 2,901.26
<br />02/01/2020 113,300.00 113,300.00 119,743.76 6,443.76
<br />Total $1,139,554.38 $1,139,554.38 $1,186,805.10 $47,250.72
<br />PV Analysis Summary (Net to Net)
<br />Net FV Cashflow Savings 47,250.72
<br />Gross PV Debt Service Savings 42,581.13
<br />Net PV Cashflow Savings @ 2.272 %(Bond Yield) 42,581.13
<br />Contingency or Rounding Amount 2,826.98
<br />Net Future Value Benefit $50,077.70
<br />Net Present Value Benefit $45,408.11
<br />Net PV Benefit / $204,449.78 PV Refunded Interest 22.210%
<br />Net PV Benefit / $1,057,581.13 PV Refunded Debt Service 4.294%
<br />Net PV Benefit / $965,000 Refunded Principal 4.706%
<br />Net PV Benefit / $1,015,000 Refunding Principal 4.474%
<br />Refunding Bond Information
<br />Refunding Dated Date 5/01/2010
<br />Refunding Delivery Date 5/01/2010
<br />se,,t'.2o10 Rd- 2oo4A / .tiJIVULE, :Kruse / 3/11/2010 / 7,r'.-IA1
<br />Springsted
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