|
<br />
<br />City of St Anthony, Minnesota
<br />$1,440,000 General Obligation Bonds, Series 2017A
<br />Current Ref 2009A Bds - Improvement Portion
<br />Assumes Current Market BQ AA Rates plus 25bps
<br />Debt Service Comparison
<br />Date Total P+I Net New D/S Old Net D/S Savings
<br />02/01/2018 188,821.33 188,224.44 37,267.50 (150,956.94)
<br />02/01/2019 189,342.50 189,342.50 227,167.50 37,825.00
<br />02/01/2020 197,032.50 197,032.50 231,567.50 34,535.00
<br />02/01/2021 194,232.50 194,232.50 230,277.50 36,045.00
<br />02/01/2022 196,170.00 196,170.00 233,437.50 37,267.50
<br />02/01/2023 197,660.00 197,660.00 235,937.50 38,277.50
<br />02/01/2024 203,775.00 203,775.00 237,800.00 34,025.00
<br />02/01/2025 199,485.00 199,485.00 234,000.00 34,515.00
<br />Total $1,566,518.83 $1,565,921.94 $1,667,455.00 $101,533.06
<br />PV Analysis Summary (Net to Net)
<br />
<br />Gross PV Debt Service Savings.....................265,017.24
<br />
<br />Net PV Cashflow Savings @ 2.386%(Bond Yield).....265,017.24
<br />
<br />Transfers from Prior Issue Debt Service Fund......(190,000.00)
<br />Contingency or Rounding Amount....................596.89
<br />Net Present Value Benefit $75,614.13
<br />
<br />Net PV Benefit / $1,683,713.45 PV Refunded Debt Service 4.491%
<br />Net PV Benefit / $1,575,000 Refunded Principal...4.801%
<br />Net PV Benefit / $1,440,000 Refunding Principal..5.251%
<br />
<br />Refunding Bond Information
<br />
<br />Refunding Dated Date 5/15/2017
<br />Refunding Delivery Date 5/15/2017
<br />Series 2017A GO Bonds - P | Current Ref 2009A Bds - I | 3/21/2017 | 12:17 PM
<br />
<br />26
|