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City of Ramsey, Minnesota <br />General Obligation Water & Sewer Revenue Bonds of 200! <br /> 20 ?'ear Schedule <br /> <br />Preliminary <br /> <br /> PROJECT SUIvh-MARY <br /> <br />D~ted ~2/01/200I Delivered <br /> <br />SOURCES AND USES OF FUNDS <br /> <br />Par Amount of'Bonds ........... : ......................................................................... $6,875,000.00 <br />A,-erued Interest from 02/01/2001 to 02/15/2001 ..........................................13,965.88 <br />TOTAL SOURCES ........................................................................................ $6,888,965.88 <br /> <br />Total Underwriter's Discount (1.600%) ........................................................' 110,000.00 <br />Costa of Issuance .................................................................................... : ....... 32,425,00 <br />Deposit to Debt Service Fund ........................................................................ 13,9155.88 <br />Deposit to Ca0ita[ized Interest (CIF) Fund .................................................... 345,156.62 <br />Deposit to Project Construction Fund ............................................................ 6,386,700.00 <br />P, ounding Amount .......................................................................................... 718.38 <br />TOTAL USES ................................................................................................ $6,888,965.88 <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 oflnvestmenta ............................................................................... $6,386,700,00 <br />TOTAL DRAWS ........................................................................................... $6,386,700.00 <br /> <br />CAPITALIZED 1NTEP.EST FUND SOLUTION METHOD ........................ <br />Original Bond Proceeds .................................................................................. <br />Accrued Interest ..................... ~ ....................................................................... <br />TOTAL DRAWS ........................................................................................... <br /> <br /> NetFunded <br /> 345,156.62 <br /> 13,965.88 <br />$359,122.50 <br /> <br />BORD STATISTICS <br /> <br />Average Life ................................................................................................... 12.467 Yearn <br />Average Coupon ............................................................................................. 5.4109876% <br /> <br />Net Interest Cost (NIC) .................................................................................. 5.5393274% <br />Bond Yieid for Arbitrage Purcoses ................................................................ 5.3732572% <br />True Interest Cost (TIC) ................................................................................. 5.5609052% <br />All Inclusive Cost (AiC) ..................................... : .......................................... 5.6170672% <br /> <br />.fUR.AN & MOODY <br /> <br />A Division of Miller Johnson & Kuehn Incorporated <br /> <br />File = P, AMSEY.stzGO REV 20- SINGLE PURPOSE <br /> 9/25/2000 1:41 PM <br /> <br />36 Paget <br /> <br /> <br />