Laserfiche WebLink
City of Ramsey, Minnesota <br />$1,735,000 General Obligation Street Reconstruction Bonds, Series 2016 <br />Issue Summary <br />Assumes Current Market BQ AA+ Rates plus 25bps <br />Debt Service Schedule <br />Date Principal Coupon Interest Total P+I 105% of Total Assessments Levy/(Surplus) <br />12/15/2016 - - - <br />12/15/2017 160,000.00 1.050% 37,044.00 197,044.00 206,896.20 51,101.45 155,794.75 <br />12/15/2018 170,000.00 1.150% 24,780.00 194,780.00 204,519.00 50,279.88 154,239.12 <br />12/15/2019 170,000.00 1.250% 22,825.00 192,825.00 202,466.25 48,801.06 153,665.19 <br />12/15/2020 170,000.00 1.350% 20,700.00 190,700.00 200,235.00 47,322.24 152,912.76 <br />12/15/2021 175,000.00 1.500% 18,405.00 193,405.00 203,075.25 45,843.42 157,231.83 <br />12/15/2022 175,000.00 1.600% 15,780.00 190,780.00 200,319.00 44,364.60 155,954.40 <br />12/15/2023 175,000.00 1.650% 12,980.00 187,980.00 197,379.00 42,885.78 154,493.22 <br />12/15/2024 175,000.00 1.750% 10,092.50 185,092.50 194,347.13 41,406.96 152,940.17 <br />12/15/2025 180,000.00 1.850% 7,030.00 187,030.00 196,381.50 39,928.14 156,453.36 <br />12/15/2026 185,000.00 2.000% 3,700.00 188,700.00 198,135.00 38,449.32 159,685.68 <br />Total $1,735,000.00 - $173,336.50 $1,908,336.50 $2,003,753.33 $450,382.85 $1,553,370.48 <br />Significant Dates <br />Dated <br />First Coupon Date <br />Yield Statistics <br />7/21/2016 <br />6/15/2017 <br />Bond Year Dollars $10,404.00 <br />Average Life 5.997 Years <br />Average Coupon 1.6660563% <br />Net Interest Cost (NIC) <br />True Interest Cost (TIC) <br />Bond Yield for Arbitrage Purposes <br />All Inclusive Cost (AIC) <br />2016 GO Road Reconstructi I Issue Summary 1 5/19/2016 1 9:28 AM <br />leLEADERS IN PUBLIC FINANCE <br />EHLERS <br />1.8661717% <br />1.8744185% <br />1.6600709% <br />2.2748337% <br />