|
N
<br />15 Years
<br />1 570,000 314,227 884,227 1,069,558 0 185,331 1
<br />Bond Years: 5,360.00
<br />Avg. Maturity: 9.40
<br />NIC 5.86%
<br />Annual Interest
<br />Discount @ 1.75%
<br />Total Interest
<br />Avaname mevenue - ocneawea Lease raymenrs
<br />Base
<br />From
<br />To
<br />Annual
<br />City of St. Anthony, Minnesota
<br />8/1/96 -
<br />7/31/97
<br />61,380
<br />$10.50
<br />8/1/97 -
<br />7/31/02
<br />67,8401
<br />Liquor
<br />Store Revenue Loan
<br />7/31/07
<br />74,301
<br />$12.50
<br />8/1/07 -
<br />7/31/11
<br />80,762
<br />Tires Plus Site -15 Year
<br />Amortization
<br />Tires
<br />Plus -
<br />Repayment
<br />of $ 570,000.00
<br />Loan Dated
<br />2/1/97.
<br />(With
<br />Interest)
<br />Mature
<br />12/1
<br />Reserve
<br />Rev.
<br />Mat.
<br />Total
<br />Available Income
<br />Annual
<br />Year
<br />Year
<br />Principal
<br />Rate
<br />Interest
<br />D/S
<br />Revenue' 5.5o%
<br />Surplus
<br />Coverage
<br />(1)
<br />(2)
<br />(3)
<br />(4)
<br />(5)
<br />(6)
<br />(7)
<br />0
<br />(1)
<br />(2)
<br />1997
<br />1997
<br />0
<br />4.50%
<br />26,954
<br />26,954
<br />58,418
<br />0
<br />31,464
<br />2.17
<br />1998
<br />1998
<br />25,000
<br />4.75%
<br />32,345
<br />57,345
<br />67,840
<br />0
<br />10,495
<br />1.18
<br />1999
<br />1999
<br />25,000
<br />4.90%
<br />31,158
<br />56,158
<br />67,840
<br />0
<br />11,683
<br />1.21
<br />2000
<br />2000
<br />30,000
<br />5.00%
<br />29,933
<br />59,933
<br />67,840
<br />0
<br />7,908
<br />1.13
<br />2001
<br />2001
<br />30,000
<br />5.15%
<br />28,433
<br />58,433
<br />67,840
<br />0
<br />9,408
<br />1.16
<br />2002
<br />2002
<br />30,000
<br />5.25%
<br />26,888
<br />56,888
<br />69,994
<br />0
<br />13,106
<br />1.23
<br />2003
<br />2003
<br />35,000
<br />5.35%
<br />25,313
<br />60,313
<br />74,301
<br />0
<br />13,989
<br />1.23
<br />2004
<br />2004
<br />40,000
<br />5.45%
<br />23,440
<br />63,440
<br />74,301
<br />0
<br />10,861
<br />1.17
<br />2005
<br />2005
<br />40,000
<br />5.65%
<br />21,260
<br />61,260
<br />74,301
<br />0
<br />13,041
<br />1.21
<br />2006
<br />2006
<br />45,000
<br />5.75%
<br />19,000
<br />64,000
<br />74,301
<br />0
<br />10,301
<br />1.16
<br />2007
<br />2007
<br />50,000
<br />5.85%
<br />16,413
<br />66,413
<br />76,455
<br />0
<br />10,042
<br />1.15
<br />2008
<br />2008
<br />55,000
<br />5.95%
<br />13,488
<br />68,488
<br />80,762
<br />0
<br />12,275
<br />1.18
<br />2009
<br />2009
<br />60,000
<br />6.10%
<br />10,215
<br />70,215
<br />80,762
<br />0
<br />10,547
<br />1.15
<br />2010
<br />2010
<br />60,000
<br />6.20%
<br />6,555
<br />66,555
<br />80,762
<br />0
<br />14,207
<br />1.21
<br />2011
<br />2011
<br />45,000
<br />6.30%
<br />2,835
<br />47,835
<br />53,841
<br />0
<br />6,006
<br />1.13
<br />15 Years
<br />1 570,000 314,227 884,227 1,069,558 0 185,331 1
<br />Bond Years: 5,360.00
<br />Avg. Maturity: 9.40
<br />NIC 5.86%
<br />Annual Interest
<br />Discount @ 1.75%
<br />Total Interest
<br />Avaname mevenue - ocneawea Lease raymenrs
<br />Base
<br />From
<br />To
<br />Annual
<br />$9.50
<br />8/1/96 -
<br />7/31/97
<br />61,380
<br />$10.50
<br />8/1/97 -
<br />7/31/02
<br />67,8401
<br />$11.50
<br />8/1/02 -
<br />7/31/07
<br />74,301
<br />$12.50
<br />8/1/07 -
<br />7/31/11
<br />80,762
<br />Based on Current Lease Schedule
<br />314,227
<br />0
<br />314,227
<br />1.18
<br />1998-2011)
<br />Composition of Issue
<br />Purchase Price 550,000
<br />Bond Reserve
<br />0
<br />Bond Discount
<br />0
<br />Costs / Legal,
<br />20.000
<br />Total Issue
<br />570,000
<br />Prepared by Springsted Incorporated (12/16196) STANLQ.XLS
<br />
|