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<br />
<br />City of St Anthony, Minnesota
<br />$890,000 General Obligation Bonds, Series 2017A
<br />Current Ref 2009A Bds - Tax Abatement Portion
<br />Assumes Current Market BQ AA Rates plus 25bps
<br />Debt Service Comparison
<br />Date Total P+I
<br />Net New
<br />D/S Old Net D/S Savings
<br />02/01/2018 116,624.89 118,884.62 121,301.26 2,416.64
<br />02/01/2019 120,035.00 120,035.00 123,601.26 3,566.26
<br />02/01/2020 118,565.00 118,565.00 125,561.26 6,996.26
<br />02/01/2021 121,885.00 121,885.00 127,161.26 5,276.26
<br />02/01/2022 119,960.00 119,960.00 128,381.26 8,421.26
<br />02/01/2023 122,815.00 122,815.00 129,256.26 6,441.26
<br />02/01/2024 125,400.00 125,400.00 129,800.00 4,400.00
<br />02/01/2025 122,760.00 122,760.00 130,000.00 7,240.00
<br />Total $968,044.89 $970,304.62 $1,015,062.56 $44,757.94
<br />PV Analysis Summary (Net to Net)
<br />
<br />Gross PV Debt Service Savings.....................42,850.61
<br />
<br />Net PV Cashflow Savings @ 2.386%(Bond Yield).....42,850.61
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<br />Contingency or Rounding Amount....................(2,259.73)
<br />Net Present Value Benefit $40,590.88
<br />
<br />Net PV Benefit / $919,681.33 PV Refunded Debt Service 4.414%
<br />Net PV Benefit / $860,000 Refunded Principal...4.720%
<br />Net PV Benefit / $890,000 Refunding Principal..4.561%
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<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 - T | 3/21/2017 | 12:17 PM
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