Laserfiche WebLink
F�� <br /> City of Centerville, Minnesota . <br /> G.O. Improvement Refunding Bonds, Series 2011A <br /> 2004 <br /> Refunding Summary <br /> Dated 04/01/2011 � Deliverod 04NM2011 <br /> Sources Of Funds <br /> ParAmount of Bonds 1,115,000.00 <br /> Accrued Interest from 04/01/2011 to 04N4/2011 561.17 <br /> Total Sources 51,115,561.17 <br /> Uses Of Funds <br /> Deposit to Curce�t Refunding Fund 1,096,142.87 <br /> Costs of Issuance 10,988.41 <br /> Total Undervvriter`s Discount (0.689°k) 7,677.01 <br /> Deposit to Debt Service Fund 561.17 <br /> Rounding AmouM 191.71 <br /> Total Uses 51,115.561.17 <br /> I <br /> Flow of Funds Detail I <br /> State and Local Govemment Series (SLGS) rates for I <br /> Date of OMP Candidates I <br /> Current Refunding Escrow Solution Method Net Funded I <br /> Total Cost of Irnestments $1,096,142.87 I <br /> Interest Eamings � 0.050% 25.88 <br /> Total Draws $1,096,168.75 I <br /> I <br /> Issues Refunded Md Call Dates I <br /> 04o1d 5/01l2011 I <br /> I <br /> PV Malysis Summary (Net to Net) i <br /> Net PV Cashflow Savings @ 1.853%(Bond Yield) 83,472.11 <br /> Accrued Interest Credit to Debt Service Fund 561.17 <br /> Contingency or Rounding Amount 191.71 <br /> Net Present Value 8enefit $84,224.99 <br /> Net PV Benefit /$1,085,000 Refunded Principal 7.763�0 <br /> Net PV Benefit /$1,115,000 Refunding Prind�l 7.554�0 <br /> Bond Statistics <br /> Average Life 4.322 Years <br /> Ave�age CQUpon 1.6797925°h <br /> Net Interest C�t (NIC) 1.8391079% <br /> Bond Yfeld for Arbitrage Purpo�es ' 1.8530851 % <br /> True Interest Cost (TIC) 1.8423199� <br /> All {nduslve COSt (AIC) 2.0861391 % <br /> Ref � 2004 � 3l23/2011 � 10:54 AM <br /> Northland Securities <br /> Public Finance Page �o <br />