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DEC-1196 15,29 FROMeSPRINGSTED INC IDi6122233093 PAGE 3/3
<br /> City of St Anthony, Minnesota
<br /> • Liquor Store Revenue Bonds
<br /> 15 Year Amortization 15 Year
<br /> Bonds Dated 311197 Liquor Revenue Bonds
<br /> Mature 12/1
<br /> Reserve
<br /> Rev. Mat. Total Available Income Annual
<br /> Year Year. Princi al Rate Interest D/S Revenue' A,§M Surplus _Coverage
<br /> (1) (2) (3) (4) (5) (6) (7) 0 (1) (2)
<br /> 1997 1997 0 4.50% 32,839 32,839 29,683 . 3,156 0 1.00
<br /> 1998 1998 35,000 4.75% 43,785 78,785 264,161 4,208 189,584 3.41
<br /> -.1999 1999 35,000 4.90% 42,123 77,123 264,161 4,208 191,246 3.48
<br /> 2000 2000 40,000 5.00% 40,408 80,408 264,161 4,208 187,961 3.34
<br /> 2001 2001 40,000 5.15% 38,408 78,408 264,161 4,208 189,961 3.42
<br /> 2002 2002 40,000 5.25%- 36,348 76,348 264,161 4,208 192,021 3.52
<br /> 2003 2003 45,000 5.35% 34,248 79,248 264,161 4,208 189,121 3.39
<br /> 2004 2004 45,000 5.45% 31,840 76,840 264,161 4,208 191,529 3.49
<br /> 2005 2005 50,000 5.65% 29,388 79,388 264,161 4,208 188,981 3.38
<br /> . 2006 2006 50,000 5.75% 26,563 76,563 264,161 4,208 191,806 3.51
<br /> 2007 2007 55,000 . 5.85% 23,688 78,688 264,161 4,208 1891681 3.41
<br /> 4608 2008 60,000 5.95% 20,470 80,470 264,161 4,208 187,899 3.34
<br /> 9 2009 60,060 6.10% 16,900 76,900 264,161 4,208 191;469 3.49
<br /> 2010 2010 65,000 6.20% 13,240 78,240 264,161 4,208 190,129 3.43
<br /> 2011 2011 70,000 6.30% 9,210 79,210 264,161 4,208 189,159 3.39
<br /> 2012 2012 75,000 6.40% 4,800 79,800 264,161 80,708 265,069 4.32
<br /> 7651000 444,254 1,209,254 3,992,098 142,768 3.43
<br /> (Avg 1998-2011)
<br /> Bond Years: 7,473.75 Annual Interest 444,254
<br /> Avg. Maturity: 9.77 Discount @ 1.75% 13,388
<br /> NIC 6.12% Total interest 457,641
<br /> ' Available Revenue-1995-Combined 3 Stores: Composition of Issue
<br /> Gross Profit From Sales 946,079 Improvement Cost 6501000
<br /> Total Operating Expenses (898,483) Bond Reserve 76,500
<br /> Net Operating Income 47,596 Bond Discount 13,388
<br /> Add Back - Nonoperating Income 51,700 Costs of Issuance 25.112
<br /> Depreciation 82,645 Total Issue 765,0001
<br /> Bond Interest&Fees (paid off) 13,175
<br /> SAV II Rent 69.045
<br /> Total Income Available 264,161
<br /> • Stores SAV I, SAV 118 Stonehouse
<br /> Prepared by Springsted Incorporated(1?19/96) STANLOALS S0720F2
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