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PROPOSED 2018 SROP BOND ISSUE
<br />City of Ramsey, Minnesota
<br />$2,435,000 General Obligation Bonds, Series 2018
<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 />12/01/2018
<br />-
<br />-
<br />23,817.50
<br />23,817.50
<br />(23,817.50)
<br />-
<br />-
<br />12/01/2019
<br />250,000.00
<br />0.850%
<br />40,830.00
<br />290,830.00
<br />(20,415.00)
<br />270,415.00
<br />283,935.75
<br />12/01/2020
<br />225,000.00
<br />1.050%
<br />38,705.00
<br />263,705.00
<br />263,705.00
<br />276,890.25
<br />12/01/2021
<br />230,000.00
<br />1.250%
<br />36,342.50
<br />266,342.50
<br />266,342.50
<br />279,659.63
<br />12/01/2022
<br />235,000.00
<br />1.400%
<br />33,467.50
<br />268,467.50
<br />268,467.50
<br />281,890.88
<br />12/01/2023
<br />235,000.00
<br />1.650%
<br />30,177.50
<br />265,177.50
<br />265,177.50
<br />278,436.38
<br />12/01/2024
<br />240,000.00
<br />1.750%
<br />26,300.00
<br />266,300.00
<br />266,300.00
<br />279,615.00
<br />12/01/2025
<br />250,000.00
<br />1.900%
<br />22,100.00
<br />272,100.00
<br />272,100.00
<br />285,705.00
<br />12/01/2026
<br />250,000.00
<br />2.050%
<br />17,350.00
<br />267,350.00
<br />267,350.00
<br />280,717.50
<br />12/01/2027
<br />255,000.00
<br />2.300%
<br />12,225.00
<br />267,225.00
<br />267,225.00
<br />280,586.25
<br />12/01/2028
<br />265,000.00
<br />2.400%
<br />6,360.00
<br />271,360.00
<br />271,360.00
<br />284,928.00
<br />Total
<br />$2,435,000.00
<br />-
<br />$287,675.00
<br />$2,722,675.00
<br />(44,232.50)
<br />$2,678,442.50
<br />$2,812,364.63
<br />Ehlers & Associates, Inc. Page 13
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