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City of Ramsey, Minnesota <br />General Obligation Water & Sewer Revenue £on~ of 200] <br /> 15 Zear Schedule <br /> <br />Preliminary <br /> <br /> PROJECT SUMMA_R.Y <br /> <br />Dated 02101/2001 Delivered 0211512001 <br /> <br />SOURCES AMD USES OF FUNDS <br /> <br />Par Amount of Bonds ............................................................................... ; ..... $6,660,0130.00 <br />Accrued Interest from 02./01/2001 to 02/15/2001 .......................................... 12,878.83 <br />TOTAL SOURCES ........................................................................................ $6,672,878.83 <br /> <br />Total Underwriter's Discount (1.300%) ........................................................ 86,580.00 <br />Costs of Issuance ............................................................................................ 32,4.25.00 <br />Deposit to Debt Service Fund ........................................................................ 12,878.83 <br />Deposit to Capital/zed interest (CIF) Fund .................................................... 152,706.17 <br />Deposit to Project Construction Fund ............................................................ 6,386,700.00 <br />Rounding Amount .......................................................................................... 1,588.83 <br />TOTAL USES ................................................................................................ $6,672,878.83 <br /> <br />FLOW OF FUNDS DETAIL <br /> <br />State and Local Government Series (SLGS) rates for .................................... <br /> <br />PROJECT CONSTRUCTION FUND SOLUTION METHOD ..................... Net Funded <br />Total Cost of Investments ............................................................................... $6,386,70(I.00 <br />TOTAL DRAWS ........................................................................................... :t;6,386,700.00 <br /> <br />CAPITALIZED D,ITEREST FUND SOLUTION METHOD ........................ Net Funded <br />Original Bond Proceeds .................................................................................. 152,706.17 <br />Accrued Interest ............................................................................................. 12,878.83 <br />TOTAL DRAWS ........................................................................................... $165,58.5.00 <br /> <br />BOND STATISTICS <br /> <br />Average Life ................................................................................................... 9.270 Years <br />Average Coupon .................... , ........................................................................ 5.1195716% <br /> <br />Net Interest Cost (NIC) .................................................................................. 5.2598161% <br />Bond Yield for Arbitrage ?urposes ................................................................ 5.0957976% <br />True Interest Cost (TIC) ................................................................................. 5.2814239% <br />All Inclusive Cost (AIC) ................................................................................ 5.35 18278% <br /> <br />JUKAN & MOODY <br /> <br />A Division of Miller .fohnson & Kuehn [nco¢orated <br /> <br />File = RAMSEY.st:-GO REV 15- SINGLE PURPOSE <br /> 9/25/2000 1:40 PM <br /> <br />34 Page <br /> <br /> <br />