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City of Ramsey, Minnesota
<br />$875,000 General Obligation Bonds, Series 2014A
<br />Assumes Current Market BQ AA+ Rates plus 25bps
<br />August Principal Payments
<br />Debt Service Schedule
<br />105%
<br />Date Principal Coupon Interest Total P+I Overlevy Fiscal Total
<br />11/15/2014 - - - - -
<br />08/01/2015 85,000.00 0.650% 10,547.56 95,547.56 100,324.94 100,324.94
<br />02/01/2016 - - 7,140.00 7,140.00 7,497.00 -
<br />08/01/2016 85,000.00 0.850% 7,140.00 92,140.00 96,747.00 104,244.00
<br />02/01/2017 - - 6,778.75 6,778.75 7,117.69 -
<br />08/01/2017 85,000.00 1.100% 6,778.75 91,778.75 96,367.69 103,485.38
<br />02/01/2018 - - 6,311.25 6,311.25 6,626.81 -
<br />08/01/2018 85,000.00 1.350% 6,311.25 91,311.25 95,876.81 102,503.63
<br />02/01/2019 - - 5,737.50 5,737.50 6,024.38 -
<br />08/01/2019 85,000.00 1.600% 5,737.50 90,737.50 95,274.38 101,298.75
<br />02/01/2020 - - 5,057.50 5,057.50 5,310.38 -
<br />08/01/2020 85,000.00 1.900% 5,057.50 90,057.50 94,560.38 99,870.75
<br />02/01/2021 - - 4,250.00 4,250.00 4,462.50 -
<br />08/01/2021 90,000.00 2.100% 4,250.00 94,250.00 98,962.50 103,425.00
<br />02/01/2022 - - 3,305.00 3,305.00 3,470.25 -
<br />08/01/2022 90,000.00 2.250% 3,305.00 93,305.00 97,970.25 101,440.50
<br />02/01/2023 - - 2,292.50 2,292.50 2,407.13 -
<br />08/01/2023 90,000.00 2.350% 2,292.50 92,292.50 96,907.13 99,314.25
<br />02/01/2024 - - 1,235.00 1,235.00 1,296.75 -
<br />08/01/2024 95,000.00 2.600% 1,235.00 96,235.00 101,046.75 102,343.50
<br />Total $875,000.00 - $94,762.56 $969,762.56 $1,018,250.69
<br />Significant Dates
<br />Dated 11/15/2014
<br />First Coupon Date 8/01/2015
<br />Yield Statistics
<br />Bond Year Dollars $4,642.22
<br />Average Life 5.305 Years
<br />Average Coupon 2.0413189%
<br />Net Interest Cost (NIC) 2.3240499%
<br />True Interest Cost (TIC) 2.3347172%
<br />Bond Yield for Arbitrage Purposes 2.0290047%
<br />All Inclusive Cost (AIC) 3.0426533%
<br />IRS Form 8038
<br />Net Interest Cost 2.0413189%
<br />Weighted Average Maturity 5.305 Years
<br />2014 GO Bonds - PreSale I Equipment Portion 110/ 1/2014 1 9:02 AM
<br />0 EHLERS
<br />• LEADERS IN PUBLIC FINANCE
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