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37
<br />St Anthony, MN
<br />$1,150,000
<br />Proposed Current Refunding of Series 2005A
<br />Debt Service Comparison
<br />Date
<br />Total P+I
<br />Net New DIS
<br />Old Net D/S
<br />Savings
<br />02/01/2012
<br />-
<br />2,371.56
<br />_
<br />(2,371.56)
<br />02/01/2013
<br />140,160.78
<br />140,160.78
<br />149,037.50
<br />8,876.72
<br />02/01/2014
<br />137,855.00
<br />137,855.00
<br />150,310.00
<br />12,455.00
<br />02/01/2015
<br />141,955.00
<br />141,955.00
<br />151,295.00
<br />9,340.00
<br />02/01/2016
<br />140,580l. 00
<br />140,580.00
<br />151,982.50
<br />11,402.50_
<br />02/01/2017
<br />143,830.00
<br />143,830.00
<br />152,362.50
<br />8,532.50
<br />02/01/2018
<br />141,750.00
<br />141,750.00
<br />152,425.00
<br />10,675.00
<br />02/01/2019
<br />139,345.00
<br />139,345.00
<br />152,225.00
<br />12,880.00
<br />02/01/2020
<br />141,615.00
<br />141, 615.00
<br />151,757.50
<br />10,142.50
<br />02/01/2021 _
<br />138,442 50
<br />138,442.50
<br />151,017.50
<br />12,575
<br />00
<br />Total
<br />$1,265,533.28
<br />$1,267,904.84
<br />$1,362,412.50
<br />$94,507.66
<br />PV Analysis Summary (Net to Net
<br />Gross PV Debt Service Savings...._ _- -. _.. -...- ... - _-... -.,-. 88,609.23_.
<br />Net PV Caslilow Savings 1.847%(Bond Yield) __.. _., - -._-..-....,_ -. -... -.88,609.23
<br />Contingency or Rounding Amount,. _..-.. (2,371.56).
<br />Net Present Value Benefit _., _... _... -..-.. _,.. $86,237,67
<br />Net PV Benefit / $1,242,914.35 PV Refunded Debt Service 6.938%
<br />Net PVBenefit/$1,125,OOORefunded Principal,.. -_ --- - 7.666%
<br />Net.PV13cnefit/$1,150,00ORefunduig Principal,. _.. _..,... -.... 7.499%
<br />Refunding Bond Information
<br />Refunding Dated Date 12/29/2011
<br />Refunding Delivery Date -. _. __.. _.. _ _ 12/29/201.1
<br />Proposed Current Refundin I Proposed Current Refundin I i t/ 112011111:31 AM
<br />EHLERS
<br />If AO[NS IN PUBLIC FINANCE
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