|
$1,330,000
<br />City of Lino Lakes, Minnesota
<br />General Obligation Improvement and Utility Revenue Bonds
<br />Series 2004A
<br />DEBT SERVICE SCHEDULE
<br />Date
<br />Principal Coupon Interest Total P +I
<br />105% of Total
<br />02/01/2005 -
<br />02/01/2006 65,000.00 1.900% 58,424.00 123,424.00 129,595.20
<br />02/01/2007 75,000.00 2.250% 47,005.00 122,005.00 128,105.25
<br />02/01/2008 75,000.00 2.600% 45,317.50 120,317.50 126,333.38
<br />02/01/2009 75,000.00 2.900% 43,367.50 118,367.50 124,285.88
<br />02/01/2010 75,000.00 3.150% 41,192.50 116,192.50 122,002.13
<br />02/01/2011 85,000.00 3.400% 38,830.00 123,830.00 130,021.50
<br />02/01/2012 85,000.00 3.550% 35,940.00 120,940.00 126,987.00
<br />02/01/2013 85,000.00 3.700% 32,922.50 117,922.50 123,818.63
<br />02/01/2014 90,000.00 3.850% 29,777.50 119,777.50 125,766.38
<br />02/01/2015 95,000.00 4.000% 26,312.50 121,312.50 127,378.13
<br />02/01/2016 95,000.00 4.100% 22,512.50 117,512.50 123,388.13
<br />02/01/2017 100,000.00 4.200% 18,617.50 118,617.50 124,548.38
<br />02/01/2018 105,000.00 4.300% 14,417.50 119,417.50 125,388.38
<br />02/01/2019 110,000.00 4.350% 9,902.50 119,902.50 125,897.63
<br />02/01/2020 115, 000.00 4.450% 5,117.50 120,117.50 126,123.38
<br />Total $1,330,000.00
<br />$469,656.50
<br />$1,799,656.50 $1,889,639.33
<br />SIGNIFICANT DATES
<br />Dated 11/15/2004
<br />Delivery Date 11/15/2004
<br />First Coupon Date 8/01/2005
<br />Yield Statistics
<br />Bond Year Dollars $11,815.78
<br />Average Life 8.884 Years
<br />Average Coupon 3.9748251%
<br />Net Interest Cost (NIC) 4.0986426%
<br />True Interest Cost (TIC) 4.0932521%
<br />Bond Yield for Arbitrage Purposes 3.9401182%
<br />All Inclusive Cost (AIC) 4.3383891%
<br />IRS Form 8038
<br />Net Interest Cost 3.9748251%
<br />Weighted Average Maturity 8.884 Years
<br />Interest rates are estimates. Changes in rates may
<br />cause significant alterations to this schedule.
<br />The actual underwriter's discount bid may also vary.
<br />Series 2004A EX 2 / Laue Summary / 9/20/2004 / 2:7.9 PM
<br />SPRINGSTI D
<br />ASV 4dv;.mr to rho 9,nn, Sector
<br />Page 7
<br />
|