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<br />
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<br />
<br />City of Arden Hills, MN
<br />Proposed Crossover Refunding of
<br />$3,100,000 G.O. Tax Increment Bonds, Series 1998A
<br />
<br />Debt Service Schedule
<br />
<br />Date Principal Coupon
<br />04/0112004
<br />OR/a 1/2004
<br />02/01/2005
<br />08/01/2005
<br />02/01/2006 215,000.00 1.600%
<br />08/01/2006
<br />02/01/2007 220,000.00 2.000%
<br />08/01/2007
<br />02/01/2008 225,000.00 2.200%
<br />08/01/2008
<br />02/0 1/2009 230,000.00 2.500%
<br />08/01/2009
<br />02/0 1120 10 240.000.00 2.750%
<br />08101/2010
<br />02/01/2011 255,000,00.. 3.000%
<br />08/01/2011
<br />02/01/2012 260,000.00 3.125%
<br />08/01/2012
<br />02101/2013 265,000.00 3.250%
<br />08/0112013
<br />----.-.-....,",..._.... .-.-...................
<br />02/01/2014 275,000.00 3.500%
<br />08/01/2014
<br />02/01/2015 290,000.00 3.625%
<br />Total $2,475,000.00
<br />Yield Statistics
<br />Bond Year Dollars
<br />Life
<br />
<br />Interest Total P+I Fiscal Total
<br />23,221.67 23,22167
<br />34,832.50 34,832.50 58,054.17
<br />34.83250 34,832.50
<br />34,832.50 249,83~50 284,665.00
<br />33,112.50 33,112.50
<br />33,112.50 253,112.50 286,225.00
<br />30,912.50 30,912.50
<br />30,912.50 255,912.50 286,825.00
<br />28,437.50 28,437.50
<br />28,437.50 258,437.50 286,875.00
<br />25,562.50 25,562.50
<br />25,562.50 265,562.50 291,125.00
<br />22,262.50 22,262.50
<br />22,26250 27.7,.26.2~Q n... 299,52500.
<br />18,437.50 18,437.50
<br />18,437.50 278,437.50 296,875.00
<br />14,37500 14,375.00
<br />14,375.00 279,375.00 293,750.00
<br />10,068.75 . .. _lO,Q68!.5..
<br />10,068.75 285,068.75 295,137.50
<br />5,25625 5,256.25
<br />5,256.25 295,256.25 300,512.50
<br />$504,569.17 $2,979,569.17
<br />
<br />$16,357.50
<br />6.609 Years
<br />
<br />Net Interest <;I?,s.~ (NIC)
<br />'J)~~__~_~!e~~~_!..<:'~~~JJJ.g_
<br />.,??~.~".Yj_~!_~"_fo!.;'\r~Ar~~_~__~.~.~~!~.~~_.
<br />~!J~~lE_s_iye Cost (AIC)
<br />
<br />3.2662031%
<br />3.2721624%
<br />- -- ---.~--'"-"'.
<br />3.0661971%
<br />_.._.._.___...........m..m.....__.__...._____
<br />3.5192057%
<br />
<br />IRS Form 8038
<br />Net Interest Cost
<br />... ....-.-- ---._.-,.......
<br />_Vieighted Average Maturity
<br />
<br />3.0846350%
<br />u_ _,____,._,.". ......................._.___ ___~__
<br />6.609 Years
<br />
<br />
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