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Preliminary <br />$2,635,000.00 City of Ramsey, Minnesota <br />General Obligation Bonds, Series 2011A <br />MSA Portion <br />Debt Service Schedule <br />Date <br />09/07/2011 <br />08/01/2012 <br />02/01/2013 <br />08/01/2013 <br />02/01/2014 <br />08/01/2014 <br />02/01/2015 <br />08/01/2015 <br />02/01/2016 <br />08/01/2016 <br />02/01/2017 <br />08/01/2017 <br />02/01/2018 <br />08/01/2018 <br />02/01/2019 <br />------------ <br />08/01/2019 <br />02/01/2020 <br />08/01/2020 <br />02/01/2021 <br />08/01/2021 <br />02/01/2022 <br />Principal <br />Coupon Interest Total P+I Fiscal Total <br />- - 52,497.50 52,497.50 - <br />220,000.00 2.000% 28,635.00 248,635.00 301,132.50 <br />- 26,435.00 26,435.00 <br />245,000.00 2.000% 26,435.00 271,435.00 297,870.00 <br />- 23,985.00 23,985.00 <br />250,000.00 2,000% 23,985,00 273,985.00 297,970.00 <br />- 21,485.00 21,485.00 <br />255,000.00 2.000% 21,485.00 276,485.00 297,970.00 <br />- 18,935.00 18,935.00 <br />265,000.00 2.000% 18,935,00 283,935.00 302,870,00 <br />16,285.00 16,285.00 <br />270,000.00 2.000% 16,285.00 286,285.00 302,570.00 <br />13,585,00 13,585.00 <br />275,000.00 2.050% 13,585.00 288,585.00 302,170.00 <br />- 10,766,25 10,766.25 - <br />280,000.00 2.350% 10,766.25 290,766.25 301,532.50 <br />- 7,476,25 7,476.25 <br />285,000.00 2.550% 7,476.25 292,476.25 299,952.50 <br />- 3,842.50 3,842.50 - <br />290,000.00 2,650% 3,842,50 293,842.50 297,685.00 <br />Total $2,635,000.00 <br />$366,722,50 <br />$3,001,722.50 <br />Date And Term Structure <br />Dated <br />Delivery Date <br />First Coupon Date <br />First available call date <br />Call Price <br />Accrued Interest from 09/01/2011 to 09/07/2011 <br />Yield Statistics <br />9/01/2011 <br />9/07/2011 <br />8/01/2012 <br />2/01/2018 <br />100.00% <br />954,50 <br />Bond Year Dollars <br />Average Life <br />Average Coupon <br />Net Interest Cost (NIC) <br />True Interest Cost (TIC) <br />All Inclusive Cost (AIC) <br />IRS Form 8038 <br />$16,109.00 <br />6.113 Years <br />2.2765069% <br />2.2827354% <br />2.2692294% <br />2.3689505% <br />Net Interest Cost <br />Weighted Average Maturity <br />Bond Yield for Arbitrage Purposes <br />2.0268752% <br />6.080 Years <br />2.6701816% <br />GO Bonds 2011A FINAL I MSA Portion l 8/11/2011 l 4:32 PM <br />