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<br />."
<br />
<br />Preliminary
<br />
<br />$2,660,000
<br />City of Centerville, Minnesota
<br />General Obligation Capital Improvement Bonds, Series 2004
<br />Centerville City Hall
<br />
<br />Debt Service Schedule
<br />
<br />Date Princlpal Coupon Interest Total P+\ Fiscal Total
<br />11/01/2004
<br />02/01/2005
<br />08/01/2005 68,709.38 68,709.38
<br />02/01/2006 45,806.25 45,80625 114,515.63
<br />08/01/2006 45,806.25 45,80625
<br />02/01/2007 230,000.00 2.500% 45,80625 275.806"25 321,612.50
<br />08/01/2007 42,93125 42,931.25
<br />02/01/2008 235.000"00 2.750'% 42,931.25 277,931.25 320,862.50
<br />08/01/2008 39,700.00 39,700.00
<br />02/0112009 245,000.00 3.000% 39,700.00 284,700.00 324,400.00
<br />OB/0112009 36,025.00 36,025.00
<br />02/01/2010 250,000.00 3.250% 36,025.00 286,025.00 322,050.00
<br />08101/2010 31,962.50 31,962.50
<br />02/01/2011 260,000.00 3.500%1 31,962.50 291,962.50 323,925.00
<br />08/01/2011 27,412.50 27,412.50
<br />02/01/2012 270,000.00 3.600% 27,412.50 297,412.50 324,825.00
<br />08/01/2012 22,552.50 22,552.50
<br />02/0112013 275,000.00 3.700% 22,552.50 297,552.50 320,105.00
<br />08/01/2013 17,465.00 17,465.00
<br />02/01/2014 285,000.00 3.800% 17,465.00 302,485.00 319,930.00
<br />08/01/2014 12,050.00 12,050.00
<br />02/01/2015 300,000.00 3.900% 12,050.00 312,050.00 324,100.00
<br />08101/2015 6,200.00 6,200.00
<br />02/01/2016 310,000.00 4.000% 6,200.00 316,200.00 322,400.00
<br />Total $2,660,000.00 $678,725.63 $3,338,725.63
<br />Yield Statistics
<br />
<br />Bond Year Dollars.. ......... ....u...... '... . ....................,....... .. . ...,............, ............... ...... .............. ... .'.........,. ..................... ..... .........
<br />Average Life....... .. .....,. ,,,................. .....n'................, .............. ................. ......, .............,......,............................................._.......
<br />Average Coupon......... ... ..., ......... ... ......... ."...........,......, .................,......... ..". ..........".. ..... ...."..........
<br />
<br />$18,685.00
<br />7.024 Years
<br />3 .632462()O/o
<br />
<br />Net Interest Cost (NIC).........,....."............ " ..."........,..........,........."...... .................... ................"... ................
<br />True Interest Cost (TIC)..................,....................................,.........."...........................""....'... ". .............. ................".....
<br />Bond Yield for Arbitrage Purposes.. .........".......................................... .......,. ........ ...........,....................... ......................... ....."
<br />All InclusIve Cost .(ArC)............. .. ........................". ......................... ........... ....... ........ ... .............. ...... ................. ........ ...............
<br />
<br />3.8032948%
<br />3.8135401%
<br />3.6145721%
<br />3.9120128%
<br />
<br />IRS Form 8038
<br />Net Interest Cost.... ...........,....,......... ..... .., .....................' .......,............. ... ........ ....................... ......... ..,....................._.....
<br />Weighted Ave(age Maturity............ ........... ...,. ............... ....., ........ ...... ...... ............. .......,...... ..............,......... .......... ,. .."
<br />
<br />3.6324626%
<br />7 .024 Years
<br />
<br />Police Station & City Hal ( CentervilleCityHall1 8/91'2004 \ 1:10PM
<br />
<br />Northland Securities
<br />Public Finance
<br />
<br />Page 6
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