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TAX LEVY CALCULATION
<br />City of St. Anthony, MN
<br />EXHIBIT C
<br />Special Assessments and Tax Levies
<br />Issue IC* 333583
<br />2,480,000 General Obligation Bonds, Series 2019A
<br />1,145,000 New Money Portion
<br />Dated Date: 7/18/2019
<br />Call Date: 2/1/2028
<br />Tax Tax Bond
<br />Levy Collect Pay Funds Available Less: Tax
<br />Year Year Year Total P & I (1) P & I @ 105%• Abatement Net Levy
<br />2018 / 2019 / 2020 20,908.33 (20,908.33) 0.00 0.00
<br />2019 / 2020 / 2021 99,000.00 103,950.00 (76,333.33) 27,616.67
<br />2020 / 2021 / 2022 96,600.00 101,430.00 (76,333.33) 25,096.67
<br />2021 / 2022 / 2023 99,200.00 104,160.00 (76,333.33) 27,826.67
<br />2022 / 2023 / 2024 96,600.00 101,430.00 (76,333.33) 25,096.67
<br />2023 / 2024 / 2025 99,000.00 103,950.00 (76,333.33) 27,616.67
<br />2024 / 2025 / 2026 96,200.00 101,010.00 (76,333.33) 24,676.67
<br />2025 / 2026 / 2027 98,400.00 103,320.00 (76,333.33) 26,986.67
<br />2026 / 2027 / 2028 95,400.00 100,170.00 (76,333.33) 23,836.67
<br />2027 / 2028 / 2029 98,150.00 103,057.50 (76,333.33) 26,724.17
<br />2028 / 2029 / 2030 95,750.00 100,537.50 (76,333.33) 24,204.17
<br />2029 / 2030 / 2031 98,350.00 103,267.50 (76,333.34) 26,934.16
<br />2030 / 2031 / 2032 95,800.00 100,590.00 (76,333.34) 24,256.66
<br />2031 / 2032 / 2033 98,250.00 103,162.50 (76,333.34) 26,829.16
<br />2032 / 2033 / 2034 95,550.00 100,327.50 (76,333.34) 23,994.16
<br />2033 / 2034 / 2035 97,850.00 102,742.50 (76,333.34) 26,409.16
<br />Totals 1,481,008.33 (, 9 908.33) 1,533,105.00 (1,145,000.001 388,105.00
<br />1) The following funds are available to pay the interest payment due February 1, 2020.
<br />Capitalized Interest: 20,908.33
<br />Cashflow and levy needs should be reviewed annually to account for prepaid and/or delinquent
<br />assessments.
<br />The City is required to levy an amount sufficient to cover 105% of principal and interest payments, totaling
<br />1,533,105.
<br />FREERS
<br />C-1
<br />4837-9618-8312\5
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