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$570,000 <br />City of Lino Lakes, Minnesota <br />General Obligation Utility Revenue Bonds <br />Series 2006B <br />DEBT SERVICE SCHEDULE <br />Date <br />Principal Coupon Interest Total P +I Water Fund Trunk Fund <br />(1) (2) (3) (4) (5) (6) <br />02/01/2007 12,262.25 12,262.25 5,057.89 7,204.36 <br />02/01/2008 50,000.00 3.650% 22,522.50 72,522.50 29,290.00 43,232.50 <br />02/01/2009 50,000.00 3.700% 20,697.50 70,697.50 28,560.00 42,137.50 <br />02/01/2010 50,000.00 3.750% 18,847.50 68,847.50 27,820.00 41,027.50 <br />02/01/2011 50,000.00 3.800% 16,972.50 66,972.50 27,070.00 39,902.50 <br />02/01/2012 55,000.00 3.900% 15,072.50 70,072.50 31,310.00 38,762.50 <br />02/01/2013 60,000.00 4.000% 12,927.50 72,927.50 30,335.00 42,592.50 <br />02/01/2014 60,000.00 4.050% 10,527.50 70,527.50 29,335.00 41,192.50 <br />02/01/2015 60,000.00 4.100% 8,097.50 68,097.50 28,322.50 39,775.00 <br />02/01/2016 65,000.00 4.150% 5,637.50 70,637.50 27,297.50 43,340.00 <br />02/01/2017 70,000.00 4.200% 2,940.00 72,940.00 31,260.00 41,680.00 <br />Total $570,000.00 $146,504.75 $716,504.75 $295,657.89 $420,846.86 <br />SIGNIFICANT DATES <br />Dated Date 7/15/2006 <br />Delivery Date 7/15/2006 <br />First Coupon Date 2/01/2007 <br />Yield Statistics <br />Bond Year Dollars $3,630.33 <br />Average Life 6.369 Years <br />Average Coupon 4.0355730% <br />Net Interest Cost (NIC) 4.2553875% <br />True Interest Cost (TIC) 4.2871625% <br />Bond Yield for Arbitrage Purposes 4.0278020% <br />All Inclusive Cost (AIC) 4.8535706% <br />IRS Form 8038 <br />Net Interest Cost 4.0355730% <br />Weighted Average Maturity 6.369 Years <br />20Ol16 Utility Rods /O YR / 1.uwr Summary / 5/15/2006 / I:OO PM <br />Springsted <br />- 6 6 - <br />Page 11 <br />