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City of Ramsey, Minnesota <br />General ©bligarion Water & Sewer Revenue Bonds of 200! <br /> 10 Year Schedule <br /> <br />Preliminary, <br /> <br /> PRO~ECT S UlVI1V_A~ Y <br /> <br />Dated 02/01/200I Delivered 02/I5/2fl01 <br /> <br />SOURCES AMD USES OF FUNDS <br /> <br />Par Amount of Bonds ..................................................................................... $6,795,000.00 <br />Accrued Interest from 02/01/2001 to 02/15/2001 .......................................... 12,449.31 <br />TOTAL SOURCES ........................................................................................ $6,807,449.31 <br /> <br />Total Underwriter's Discount (1.000%) ........................................................ 67,950.00 <br />Costs of Issuance ............................................................................................ 32,425.00 <br />Deposit to Debt Service Fund ........................................................................ 12,449.21 <br />Deposit to Capitalized Interest (CIF) Fund .................................................... 307,675.69 <br />Deposit to Project Construction Fund ............................................................ 6,386,700.00 <br />Rounding Amount .......................................................................................... 249.21 <br />TOTAL USES ................................................................................................ $6,807,449.31 <br /> <br />FLOW OF FUNDS DETAIL <br /> <br />State and Local Government Series (SLGS) rotes for .................................... <br /> <br />PROJECT CONSTRUCTION FUND SOLUTION METHOD ..................... Net Funded <br />Total Cost o£ Investments ............................................................................... $6,386,700.00 <br />TOTAL DRAWS ........................................................................................... $6,386,700.00 <br /> <br />CAPITALIZED INTER.EST FUND SOLUTION METHOD ........................ Net Funded <br />Original Bond Proceeds .................................................................................. 307,675.69 <br />Accrued Interest ............................................................................................. 12,44.9.31 <br />TOTAL DRAWS ........................................................................................... $320,125.00 <br /> <br />BOND STATISTICS <br /> <br />Average Life ................................................................................................... 6.302 Yearn <br />Average Coupon ............................................................................................. 4.7888325% <br /> <br />Net Interest Cost (NIC) .................................................................................. 4,9475015% <br />Bond Yield for Arbitrage Purposes ................................................................ 4.7800076% <br />True Interest Cost (TIC) ................................................................................. 4.9717015% <br />All Inclusive Cost (AIC) ................................................................................ 5.0641003% <br /> <br />~IURAN & MOODY <br /> <br />A Division of Mitler Johnson & Kuehn hmorpomted <br /> <br />File = RAMSEY.sf-GO REV 10. SINGLE PURPOSE <br /> 9/25/2000 1:39 PM <br /> <br /> Page [ <br />32 <br /> <br /> <br />