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PROPOSED 2016 SROP BOND ISSUE
<br />City of Ramsey, Minnesota
<br />$2,865,000 General Obligation Bonds, Series 2016
<br />Issue Summary
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I CIF Net New D/S 105%of Total
<br />12/01/2016 33,672.92 33,672.92 (33,672.92)
<br />12/01/2017 215,000.00 0.850% 57,725.00 272,725.00 (28,862.50) 243,862.50 256,055.63
<br />12/01/2018 185,000.00 1.050% 55,897.50 240,897.50 240,897.50 252,942.38
<br />12/01/2019 190,000.00 1.250% 53,955.00 243,955.00 243,955.00 256,152.75
<br />12/01/2020 190,000.00 1.400% 51,580.00 241,580.00 241,580.00 253,659.00
<br />12/01/2021 200,000.00 1.650% 48,920.00 248,920.00 248,920.00 261,366.00
<br />12/01/2022 200,000.00 1.750% 45,620.00 245,620.00 245,620.00 257,901.00
<br />12/01/2023 205,000.00 1.900% 42,120.00 247,120.00 247,120.00 259,476.00
<br />12/01/2024 205,000.00 2.050% 38,225.00 243,225.00 243,225.00 255,386.25
<br />12/01/2025 210,000.00 2.300% 34,022.50 244,022.50 244,022.50 256,223.63
<br />12/01/2026 215,000.00 2.400% 29,192.50 244,192.50 244,192.50 256,402.13
<br />12/01/2027 160,000.00 2.550% 24,032.50 184,032.50 184,032.50 193,234.13
<br />12/01/2028 165,000.00 2.700% 19,952.50 184,952.50 184,952.50 194,200.13
<br />12/01/2029 170,000.00 2.850% 15,497.50 185,497.50 185,497.50 194,772.38
<br />12/01/2030 175,000.00 2.950% 10,652.50 185,652.50 185,652.50 194,935.13
<br />12/01/2031 180,000.00 3.050% 5,490.00 185,490.00 - 185,490.00 194,764.50
<br />Total $2,865,000.00 - $566,555.42 $3,431,555.42 (62,535.42) $3,369,020.00 $3,537,471.00
<br />Ehlers & Associates, Inc. Page 11
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