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City of Mounds View. Minnesota
<br /> $3,175,000 Gross Revenue Goff Course Bonds
<br /> Page 1
<br /> • Dated: 10- 1-1993
<br /> Mature: 4- 1
<br /> First Interest 4- 1-1994 Total Capital- Net Reserve Total
<br /> Year of Year of Principal ized Revenue Earnings Net Annual
<br /> Revenue Mat Principal Rates Interest &Interest Interest Required @4.5% Required Surplus
<br /> (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)
<br /> 0
<br /> 1994 1995 0 0.00% 266,369 266,369 244,938 177,579211 24,438 163,291 0
<br /> 1995 1996 0 0.00% 177,579 177,5790
<br /> 1996 1997 0 4.00% 177,579 177,579 0 177,579 14,288 163,291 0 177,579 14,288 163,291 0
<br /> 1997 1998 0 4.20% 177,579 177,579 0 177,579 14,288 163,291 0
<br /> 1998 1999 0 4.40% 177,579 177,579 0
<br /> 79 14,288 213,291
<br /> 1999 2000 50,000 4.60% 177,579 227,579 0 227,579 .. .� .. 0
<br /> 2000 2001 70,000 4.80% 175,279 245,279 9 14,288 252,631 0
<br /> 0 292,1699191 14,288 252,63
<br /> 2001 2002 95,000 5.00% 171,919 266,919 0 266, 1 0
<br /> 0 295,731 14,288 1
<br /> 2002 2003 125,000 5.15% 167,169 292,1690
<br /> 0 298,643
<br /> 2003 2004 135,000 5.25% 160,731 295,73114,288 281,443284,355 0
<br /> 2004 2005 145,000 5.30% 153,643 298,643 0 300,958 14,288 286,670 0
<br /> 2005 2006 155,000 5.40% 145,958 300,958 0 312,588 14,288 298,300 0
<br /> 2006 2007 175,000 5.50% 137,588 312,588 0 317,963 14,288 303,6750
<br /> 2007 2008 190,000 5.55% 127,963 317,9630
<br /> 2008 2009 200,000 5.60% 117,418 317,418 0 317,418 14,288 303,130 0
<br /> 2009 2010 225,000 5.65% 106,218 331,218 0 368,5053
<br /> 331,21814,288 3316,930 0
<br /> 2010 2011 275,000 5.70% 93,505 368,505 0 377,830 14,288 354,217 0
<br /> 2011 2012 300,000 5.75% 77,830 377,830 0 370,580 14,288 356,292 0
<br /> 2012 2013 310,000 5.80% 60,580 370,580 0 392,600 14,288 378,312 0
<br /> 2013 2014 350,000 5.85% 42,600 392,600 0 397,125 331,788 65,337 0
<br /> III 2014 2015 375,000 5.90% 22,125 397,125
<br /> 0
<br /> TOTALS: 3,175,000 2,914,790 6,089,790 244,938 5,844,852 624,691 5,220,161
<br /> Composition of Issue
<br /> Construction&Fees 1,687,345
<br /> 51,442.50 Annual Interest 2,914,790 Equipment - Maint 170,000
<br /> AYears: 60 325 Capitalized Interest 244,938
<br /> Avg. Maturity: 16.20 Plus Discount Bond Reserve 317,500
<br /> Avg.Annual Rate: 5.666% Net Interest 2,975,115
<br /> N.I.C. Rate: 5.783% Bond Discount@ 1.9% 60,325
<br /> Costs of Issuance 40,916
<br /> Contingency @ 5% 92,867
<br /> Land 561,109
<br /> Total Bond issue -3;175,000 ---
<br /> Interest rates are estimates; changes may cause significant alterations of this schedule.
<br /> The actual underwriter's discount bid may also vary.
<br /> ID
<br /> Prepared 04-Oct-93 by SPRINGSTED Incorporated
<br /> File M1083.J1 mArnvgoH
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