Laserfiche WebLink
• <br />• <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 />DEBT SERVICE COMPARISON <br />Date Total P +I PCF Existing D/S Net New D/S Old Net D/S Savings <br />2/01/2004 - (1,946.76) 439,630.00 437,683.24 439,630.00 1,946.76 <br />2/01/2005 438,202.08 - - 438,202.08 454,660.00 16,457.92 <br />2/01/2006 414,492.50 - - 414,492.50 429,910.00 15,417.50 <br />2/01/2007 392,892.50 - - 392,892.50 405,020.00 12,127.50 <br />Total 1,245,587.08 (1,946.76) 439,630.00 1,683,270.32 1,729,220.00 45,949.68 <br />PRESENT VALUE ANALYSIS SUMMARY (NET TO NET) <br />Net FV Cashflow Savings 45,949.68 <br />Gross PV Debt Service Savings 41,742.04 <br />Net PV Cashflow Savings @ 3.216 %(Bond Yield) 41,742.04 <br />Contingency or Rounding Amount 2,250.00 <br />NET FUTURE VALUE BENEFIT $48,199.68 <br />NET PRESENT VALUE BENEFIT $43,992.04 <br />NET PV BENEFIT / $113,727.84 PV REFUNDED INTEREST 38.682% <br />NET PV BENEFIT / $1,206,250.96 PV REFUNDED DEBT SERVICE 3.647% <br />NET PV BENEFIT / $1,170,000 REFUNDED PRINCIPAL 3.760% <br />NET PV BENEFIT / $1,200,000 REFUNDING PRINCIPAL 3.666% <br />REFUNDING BOND INFORMATION <br />Refunding Dated Date 12/01/2003 <br />Refunding Delivery Date 12/01/2003 <br />Springsted Incorporated File = LINOLAKES. SF- Series 2003A- Series 2003 Ref 96A <br />Advisors to the Public Sector 10/20/2003 10:00 AM <br />Page 18 <br />