|
<br />Preliminary
<br />
<br />$845,000
<br />
<br />City of Centerviile, Minnesota
<br />General Obligation Capital Improvement Bonds, Series 2004
<br />Lexington Portion
<br />
<br />Debt Service Schedule
<br />
<br />Date Principal Coupon Interest Total P+I Fiscal Total
<br />11/01/2004
<br />02101/2005
<br />08/0112005 21,826.88 21.826.88
<br />02/0112006 14,551.25 14,551.25 36.378.13
<br />08/01/2006 14,551.25 14.551.25
<br />02101/2007 75,000.00 2.500% 14.551.25 89.551.25 104;102.50
<br />08/01/2007 13,613.75 13.613.75
<br />02/01/2008 75.000.00 2.750% 13,613.75 88.613.75 102,227.50
<br />OB/01/2008 12.582.50 12,582.50
<br />02/01/2009 75,000.00 3.000% 12,582.50 87,582.50 100.165.00
<br />08/01/2009 11,457.50 11,457.50
<br />02/01/2010 80.000.00 3.250.% 11,457.50 91,457.50 102.918.00
<br />08/0112010 10,157.50 10.157.50
<br />02/0112011 80.000.00 3.500% 10,157.50 90,157.50 100,315.00
<br />08/0112011 8,757.50 8.757.50
<br />02/0112012 85.000.00 3.600% 8.757.50 93,757.50 102,515.00
<br />08/01/2012 7.227.50 7,227.50
<br />02101/2013 90,000.00 3,700% 7,227.50 97,227.50 104,455.00
<br />08/0112013 5,562.50 5.562.50
<br />02/0112014 90,000.00 3.800% 5,562.50 95,562.50 101,125.00
<br />08/0112014 3,852.50 3,852.50
<br />02/0112015 95.000.00 3.900% 3,852.50 98,852.50 102,705.00
<br />06/0112015 2,000.00 2.000.00
<br />02/0112016 100,000.00 4.000% 2,000.00 102,000.00 104,000.00
<br />Total $845,000.00 $215.903.13 $1,060,903.13
<br />Yield Statistics
<br />
<br />Bond Year Dollars.. .........,...............,.. .....,............,.... ........ ..,.. ..... ....... .......,..,.............. ..............,.... .n........
<br />Average Life........... ...................... .............................. ...., ... .............,. .................................".....................
<br />Average Coupon................................. ....."................, ............ ..... ".. ................ ............... .......no......
<br />
<br />$5,941.25
<br />7.031 Years
<br />3.6339681%
<br />
<br />Net Interest Cost (NIC)..................................................................... ............................... ............... ............... 3.8046393%
<br />True Interest Cost (TIC)...............,......."...............................................................................m..... ..................... 3.814861'1"10
<br />Bond Yield for Arbitrage Purposes.... "n"" .................,........ ... .....,....... ,........... ... ......... ,......."...............,......,... . .......... ........ .,.... 3.61457210/0
<br />All Inclusive Cost (AIC).....,...... ............ ". ................. ............ ............... ............................................. .......,....................... .... ....., 3.9130863%
<br />
<br />IRS Form 8038
<br />Net Interest Cost......... ............ .. .......... ................... .............. ,...... ................................... ............................. ........................ ...... 3.6339681 tI/o
<br />Weighted Average Maturity........"...". ................................,.. ....... ........ .............................................. ............. .............. ....... ..... 7.031 Years
<br />
<br />Po/ice Sfalion & City Hal I Lexington) 8/912004 I 1;10 PM
<br />
<br />Northland Securities
<br />Public Finance
<br />
<br />Page 4
<br />
|