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<br /> <br />II <br /> <br />PreJiminary <br /> <br />City of Centerville, Minnesota <br />G.O. Improvement Refunding Bonds of 2009 (Early Savings) <br />2006A <br /> <br />Refunding Summary <br /> <br />Dated 1110112009' Dellvervd 1110112009 <br /> <br />Sources Of Funds <br />Par Amount of Bonds <br /> <br />Total Sources <br /> <br />$2,475,000.00 <br />$2,475,OOO.0~ <br /> <br />Uses Of Funds <br />Deposit to Crossover Escrow Fund <br />TOiaiUnde~~s Discount- (1.200%) <br />Costs of Issuanc:e----- -~-- <br />Rounding Amount <br /> <br />2,418.409.82 <br />29,700.00 <br />. 25.828.00 <br />1.062.18 <br /> <br />!~I Uses_ <br /> <br />. $2,475,000.00 <br /> <br />Flow of Funds Detail <br /> <br />State and Local Government_ Se~s (SLGS) rates for <br />Date of OMP Candidates <br /> <br />8/17/2009 <br /> <br />Crossover Escrow Fund Solution Method <br />--- <br />Total Cost of Investments <br />Interest Earnings @ 0.197% <br />Total Draws <br /> <br />Net Funded <br />$2,41 B.40R8~ <br />1,590.18 <br />$2.420.000.00 <br /> <br />Issues Refunded And Call Dates <br /> <br />lJ8aoId__ <br /> <br />3/01/2010 <br /> <br />PV Analysis Summary (Net to Net) <br /> <br />Net PV <;:alihflow Savings.@ 2.696%(Bo~_d Yi~ __ <br />Contingency or Rounding Amount __~___ ~,____ ____ <br />Net Present Value Ben~~~~_ ____ <br /> <br />140,810.38 <br />1,062.18 <br />----=~--=___ -Si41;87i56 <br /> <br />5.863% <br />5.732% <br />------ ~-~.- -- <br /> <br />Net PV Benefit I $2,420,000 Refunded Principal <br />~et p~ Ben~i I )2,475,090 Re!unding P~nci~1 <br /> <br />Bond Statistics <br /> <br />Average U~___ <br />,o\ver~ Co'::!pD!) <br /> <br />6.286 Years <br />--~ <br />2.7083072% <br /> <br />Net Interest Cost (NIC) <br />Bcmd y~ for Arbi,age PurpOSeS __~ ---- <br />~est~t(TIC)- _~__ ___ <br />A1llnclllslve~st (AICL-....._ _____ <br /> <br />2.8991966% <br />-~-- --- <br />2.6957531 % <br />-- --- <br />2.9075808% <br />3,0944900% <br />'-- <br /> <br />06areI3/ SINGlEPlJRPOSE 18119'2009' 8:26AM <br /> <br />Northland Securities <br />Public Finance <br /> <br />Page 1 <br />