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I <br />I <br />I <br />I <br />I <br /> <br />WORKSHEET <br /> <br />$705,000* G.O. REFUNDING IMPROVEMENT BONDS, SERIES 1985 <br />CITY OF RAMSEY, ANOKA COUNTY, MINNESOTA <br /> <br />DATED 3 , 1 , 1985 <br />DUE 4 , 1 <br /> <br />YEAR AMOUNT RUN BOND YEARS CUMULATIVE <br /> <br />1986 $95,000 1.08 102.917 102.917 <br />1987 $90,000 2.08 187.500 290.417 <br />1988 $105,000 3.08 323.750 614.167 <br />1989 $100,000 4.08 408.333 1,022.500 <br />1990 $105,000 5.08 533.750 1,556.250 <br />1991 $105,000 6.08 638.750 2,195.000 <br />1992 $105,000 7.08 743.750 2,938.750 <br /> <br />$705,000 <br /> <br />2,938.750 <br /> <br />COUPON <br /> <br />1986 <br />1987 <br />1988 <br />1989 <br />1990 <br />1991 <br />1992 <br /> <br />AVERAGE MATURITY = <br /> <br />PRICE <br /> <br />INTEREST RATES <br /> <br />4.17 <br /> <br />NOT LESS THAN $694,000.00 <br /> <br />ONE RATE PER MATURITY, IN INTEGRAL <br />MULTIPLES OF 1/100TH OR 1/8TH OF ONE PERCENT. <br />RATES MUST BE BID IN ASCENDING ORDER. <br /> <br />CALL FEATURE <br /> <br />BONDS MATURING IN THE YEARS 1992/1992 ARE EACH <br />SUBJECT TO REDEMPTION ON 4/ 1/1991 AND ANY <br />INTEREST DATE THEREAFTER AT PAR PLUS ACCRUED <br />INTEREST. <br /> <br />The City reserves the right to increase or decrease the issue size <br />by no more than $20,000 on the date of sale, If the issue size is <br />adjusted, the purchase price will be adjusted proportionately; no <br />single maturity will be adjusted by more than $5,000. The appearance <br />of an "*" throughout this Official Statement refers to this provision <br /> <br /> <br />