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St Anthony, MN
<br />Purpose Two - $540,000
<br />Proposed Current Refunding of
<br />$1,160,000 G.O. Improvement Bonds, Series
<br />Debt Service Comparison
<br />2001 B
<br />Date Total P+I
<br />Net New
<br />DIS
<br />Old Net DIS
<br />Savings
<br />02/0112010 -
<br />02/01/2011 88,938.00
<br />02/01/2012 90,752.50
<br />02/01/2013 84,512.50
<br />02/01/2014 88,087.50
<br />-
<br />88,938.00
<br />90,752,50
<br />84,512.50
<br />88,087.50
<br />T -
<br />102,670.00
<br />104,445.00
<br />100,925.00
<br />102,245.00
<br />-
<br />13,732.00
<br />13,692.50
<br />16,412.50
<br />14 157.50
<br />02/01/2015 81,287.50
<br />02/01/2016 84,450.00
<br />02/0112017 77,250.00
<br />81,287.50
<br />84,450.00
<br />77,250.00
<br />98,250.00
<br />99,000.00
<br />94,500.00
<br />16,962.50
<br />14,550.00
<br />17,250.00
<br />Total $595,278.00
<br />$595,278,00
<br />$702,035.00
<br />$106,757.00
<br />PV Analysis Summary (Net to Net)
<br />Gross PV Debt Service Savings .....................
<br />94,029.31
<br />Net PV Cashflow Savings @ 3.109%(A1C)............
<br />94,029.31
<br />Transfers from Prior Issue Debt Service F'und......
<br />(58,000.00)
<br />Contingency or Rounding Amount ....................
<br />(1,234.84)
<br />Net Present Value Benefit
<br />$34,794.47
<br />Net PV Benefit / $634,902.99 PV Refunded Debt Service
<br />5.480%
<br />Net PV Benefit / $585,000 Refunded Principal...
<br />5.948%
<br />Net PV Benefit / $540,000 Refunding Principal..
<br />6.443%
<br />Refunding Bond Information
<br />Refunding Dated Date
<br />11/19/2009
<br />Refunding Delivery Date
<br />11/19/2009
<br />09 Cur refunding of Serie 101B $1.16M 1 10/1912009 l 4:17 PM
<br />Ehlers w
<br />• Associates,
<br />Leadersin Public Finance
<br />Page 10
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