Laserfiche WebLink
• <br />Dated 12/01/2003 <br />Delivery Date 12/01/2003 <br />First Coupon Date 8/01/2004 <br />YIELD STATISTICS <br />Bond Year Dollars $2,570.00 <br />Average Life 2.142 Years <br />Average Coupon 1.7738163% <br />Net Interest Cost (NIC) 2.2874350% <br />True Interest Cost (TIC) 2.3014806% <br />Bond Yield for Arbitrage Purposes 3.2160046% <br />All Inclusive Cost (AIC) 2.8956752% <br />IRS FORM 8038 <br />Net Interest Cost 1.7738163% <br />Weighted Average Maturity 2.142 Years <br />Interest rates am estimates. Changes in rates may <br />cause significant alterations to this schedule. <br />The actual underwriter's discount bid may also vary. <br />Springsted Incorporated File = LINOLAKES. SF -Series 2003A -Series 2003 Ref 96A <br />Advisors to the Public Sector <br />• <br />10/20/2003 11:23 AM <br />Page 17 <br />$1,200,000 <br />City of Lino Lakes, Minnesota <br />General Obligation Improvement and Refunding Bonds, Series 2003A <br />Current Refunding of Series 1996A <br />NET DEBT SERVICE SCHEDULE <br />Date <br />Principal Coupon Interest Total P +I PCF Existing D/S Net New D/S 105% of Total <br />Assessment <br />Annual Surplus <br />2/01/2004 <br />- - - - (1,946.76) 439,630.00 437,683.24 459,567.40 <br />Collected in 2003 <br />2/01/2005 <br />415,000.00 1.300% 23,202.08 438,202.08 - - 438,202.08 460,112.18 <br />474,834.00 <br />14,721.82 <br />2/01/2006 <br />400,000.00 1.650% 14,492.50 414,492.50 - - 414,492.50 435,217.13 <br />448,262.00 <br />13,044.88 <br />2/01/2007 <br />385,000.00 2.050% 7,892.50 392,892.50 - - 392,892.50 412,537.13 <br />421,689.00 <br />9,151.88 <br />Total <br />1,200,000.00 - 45,587.08 1,245,587.08 (1,946.76) 439,630.00 1,683,270.32 1,767,433.84 <br />1,344,785.00 <br />36,918.57 <br />• <br />Dated 12/01/2003 <br />Delivery Date 12/01/2003 <br />First Coupon Date 8/01/2004 <br />YIELD STATISTICS <br />Bond Year Dollars $2,570.00 <br />Average Life 2.142 Years <br />Average Coupon 1.7738163% <br />Net Interest Cost (NIC) 2.2874350% <br />True Interest Cost (TIC) 2.3014806% <br />Bond Yield for Arbitrage Purposes 3.2160046% <br />All Inclusive Cost (AIC) 2.8956752% <br />IRS FORM 8038 <br />Net Interest Cost 1.7738163% <br />Weighted Average Maturity 2.142 Years <br />Interest rates am estimates. Changes in rates may <br />cause significant alterations to this schedule. <br />The actual underwriter's discount bid may also vary. <br />Springsted Incorporated File = LINOLAKES. SF -Series 2003A -Series 2003 Ref 96A <br />Advisors to the Public Sector <br />• <br />10/20/2003 11:23 AM <br />Page 17 <br />