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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 />Dec 15th Principal Payments <br />Debt Service Schedule <br />Date Principal Coupon Interest Total P+I Fiscal Total <br />11/15/2014 - - <br />06/15/2015 8,701.88 8,701.88 <br />12/15/2015 80,000.00 0.650% 7,458.75 87,458.75 96,160.63 <br />06/15/2016 - 7,198.75 7,198.75 <br />12/15/2016 85,000.00 0.850% 7,198.75 92,198.75 99,397.50 <br />06/15/2017 - 6,837.50 6,837.50 <br />12/15/2017 85,000.00 1.100% 6,837.50 91,837.50 98,675.00 <br />06/15/2018 - 6,370.00 6,370.00 <br />12/15/2018 85,000.00 1.350% 6,370.00 91,370.00 97,740.00 <br />06/15/2019 - 5,796.25 5,796.25 <br />12/15/2019 85,000.00 1.600% 5,796.25 90,796.25 96,592.50 <br />06/15/2020 - 5,116.25 5,116.25 <br />12/15/2020 85,000.00 1.900% 5,116.25 90,116.25 95,232.50 <br />06/15/2021 - 4,308.75 4,308.75 <br />12/15/2021 90,000.00 2.100% 4,308.75 94,308.75 98,617.50 <br />06/15/2022 - 3,363.75 3,363.75 <br />12/15/2022 90,000.00 2.250% 3,363.75 93,363.75 96,727.50 <br />06/15/2023 2,351.25 2,351.25 <br />12/15/2023 95,000.00 2.350% 2,351.25 97,351.25 99,702.50 <br />06/15/2024 - 1,235.00 1,235.00 <br />12/15/2024 95,000.00 2.600% 1,235.00 96,235.00 97,470.00 <br />Total $875,000.00 $101,315.63 $976,315.63 <br />Yield Statistics <br />Bond Year Dollars <br />Average Life <br />Average Coupon <br />Net Interest Cost (NIC) <br />True Interest Cost (TIC) <br />Bond Yield for Arbitrage Purposes <br />All Inclusive Cost (AIC) <br />IRS Form 8038 <br />Net Interest Cost <br />Weighted Average Maturity <br />2014 GO Bonds - PreSale R I Equipment Portion 111/ 5/2014 1 12:30 PM <br />flit EHLERS <br />LEADERS IN PUBLIC FINANCE <br />$5,007.92 <br />5.723 Years <br />2.0231093% <br />2.2851944% <br />2.2945230% <br />2.0106491% <br />2.9510594% <br />2.0231093% <br />5.723 Years <br />