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PROPOSED 2017 SROP BOND ISSUE
<br />City of Ramsey, Minnesota
<br />$995,000 General Obligation Bonds, Series 2017
<br />Issue Summary
<br />Debt Service Schedule
<br />Date
<br />Principal
<br />Coupon
<br />Interest
<br />Total P+I
<br />CIF
<br />Net New D/S
<br />105% of Total
<br />12/01/2017
<br />-
<br />-
<br />9,741.67
<br />9,741.67
<br />(9,741.67)
<br />-
<br />-
<br />12/01/2018
<br />100,000.00
<br />0.850%
<br />16,700.00
<br />116,700.00
<br />(8,350.00)
<br />108,350.00
<br />113,767.50
<br />12/01/2019
<br />90,000.00
<br />1.050%
<br />15,850.00
<br />105,850.00
<br />105,850.00
<br />111,142.50
<br />12/01/2020
<br />95,000.00
<br />1.250%
<br />14,905.00
<br />109,905.00
<br />109,905.00
<br />115,400.25
<br />12/01/2021
<br />95,000.00
<br />1.400%
<br />13,717.50
<br />108,717.50
<br />108,717.50
<br />114,153.38
<br />12/01/2022
<br />100,000.00
<br />1.650%
<br />12,387.50
<br />112,387.50
<br />112,387.50
<br />118,006.88
<br />12/01/2023
<br />100,000.00
<br />1.750%
<br />10,737.50
<br />110,737.50
<br />110,737.50
<br />116,274.38
<br />12/01/2024
<br />100,000.00
<br />1.900%
<br />8,987.50
<br />108,987.50
<br />108,987.50
<br />114,436.88
<br />12/01/2025
<br />105,000.00
<br />2.050%
<br />7,087.50
<br />112,087.50
<br />112,087.50
<br />117,691.88
<br />12/01/2026
<br />105,000.00
<br />2.300%
<br />4,935.00
<br />109,935.00
<br />109,935.00
<br />115,431.75
<br />12/01/2027
<br />105,000.00
<br />2.400%
<br />2,520.00
<br />107,520.00
<br />107,520.00
<br />112,896.00
<br />Total
<br />$995,000.00
<br />-
<br />$117,569.17
<br />$1,112,569.17
<br />(18,091.67)
<br />$1,094,477.50
<br />$1,149,201.38
<br />Ehlers & Associates, Inc. Page 12
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