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Date
<br />dl3l0 :��r
<br />n,�mi�#p�
<br />�3�41�24�T
<br />C�Nt�}8
<br />�����
<br />�3�Dy�G1�
<br />49i01�41 �
<br />03�E1y�01 ?
<br />Total
<br />Preliminary
<br />'�GQ,���
<br />City of Roseville, Minnesota
<br />General Obligation ImprovementRefunding Bonds, Series 2004
<br />Current Refunding of Series 23
<br />Total P+I
<br />241,280.00
<br />239,230.00
<br />241,565.00
<br />243;310.Od
<br />249,117.50
<br />244,167.50
<br />248,542.50
<br />247,080.00
<br />$1,954,292.50
<br />PV Analysis Summary (Net to Net)
<br />Debt Service Comparison
<br />Escrow
<br />{2,900.99)
<br />���
<br />Net New D/S
<br />238,379.01
<br />239,230.00
<br />241,565.00
<br />243,310.00
<br />249,117.50
<br />244,167.50
<br />248,542.50
<br />247,080.00
<br />$1,951,391.51
<br />Old Net DIS
<br />265,582.50
<br />262,212.50
<br />263,425.00
<br />263,967.50
<br />268,717.50
<br />267,607.50
<br />270,877.50
<br />268,260.00
<br />$2.130.650.00
<br />Savings
<br />27,203.49
<br />22,982.50 i
<br />21,860.Od
<br />20,657.56
<br />19,600.00 �
<br />23,440.00�
<br />22,335.00 �
<br />2�,�so.oa
<br />$179,258.49 i
<br />NetFV Cashflow Savings ................................................................................................................................................... 179.258.49
<br />Gross PV Debt Service Savings ....:............................ . 160,312.07
<br />......................................................................................................
<br />PVof Escrow Earnings ...................................................................................................................... 2,884.68
<br />Net PV Cashflow Savings @ 2.374%(Bond Yield) .............................................................................................................. 163,196.75
<br />Accrued InterestCreditto Debt Service Fund ..................................................................................................................... 403.11
<br />Transfers from Prior Issue Debt Service Fund .................................................................................................................... (21,395.63}
<br />Contingency or Rounding Amount ...................................................................................................................................... 240.00
<br />NetFuture Value Benefit ................................................................................................................................................... $158,505.97
<br />NetPresent Value Benefd .................................................................................................................................................. $142,444.23
<br />Net PV Benefit 1$385,872.30 PV Refunded Interest ......................................................................................................... 3��}i�i'.
<br />Net PV Benefit 1#1�,�1 F�i d PV Refunded Debt Service ............................................................................................... P�1$'!C
<br />Net PV Benefit1 $1,715,000 Refunded Principal ..................•••............,..............................................................:.............. �.�
<br />Net PV Benefit1 $1,760,000 Refunding PrincipaL .............................................................................................................. 8.�39G
<br />Refunding Bond Information
<br />RefundingDated Date ........................................................................................................................................................ 3f0i�L�
<br />RefundingDelivery Date ..................................................................................................................................................... �"�''�G4'�
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<br />Page 11
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