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City of Ramsey, Minnesota
<br />$9,065,000 General Obligation CIP Bonds, Series 2020A
<br />Assumes Current Market BQ AA+ Rates plus 25bps
<br />Wrap Around Debt
<br />Debt Service Schedule
<br />105%
<br />Date Principal Coupon Interest Total P+I Overlevy
<br />12/15/2021 155,465.63 155,465.63 163,238.91
<br />12/15/2022 - 162,225.00 162,225.00 170,336.25
<br />12/15/2023 - 162,225.00 162,225.00 170,336.25
<br />12/15/2024 - 162,225.00 162,225.00 170,336,25
<br />12/15/2025 - - 162,225.00 162,225.00 170,336.25
<br />12/15/2026 162,225.00 162,225.00 170,336.25
<br />12/15/2027 162,225.00 162,225.00 170,336,25
<br />12/15/2028 - - 162,225.00 162,225.00 170,336.25
<br />12/15/2029 - 162,225.00 162,225.00 170,336.25
<br />12/15/2030 - 162,225.00 162,225.00 170,336.25
<br />12/15/2031 - 162,225.00 162,225.00 170,336.25
<br />12/15/2032 840,000.00 1.450% 162,225.00 1,002,225.00 1,052,336.25
<br />12/15/2033 855,000.00 1.550% 150,045.00 1,005,045,00 1,055,297.25
<br />12/15/2034 865,000.00 1.600% 136,792.50 1,001,792.50 1,051,882.13
<br />12/15/2035 880,000.00 1,700% 122,952.50 1,002,952.50 1,053,100.13
<br />12/15/2036 . 895,000.00 1.750% 107,992.50 1,002,992.50 1,053,142,13
<br />12/15/2037 - 910,000.00 1.850% 92,330.00 1,002,330.00 1,052,446.50
<br />12/15/2038 925,000.00 1.900% 75,495,00 1,000,495.00 1,050,519.75
<br />12/15/2039 945,000.00 1.950% 57,920.00 1,002,920.00 1,053,066.00
<br />12/15/2040 965,000.00 2.000% 39,492.50 1,004,492.50 1,054,717.13
<br />12/15/2041 985,000.00 2.050% 20,192.50 1,005,192.50 1,055,452.13
<br />Total $9,065,000,00
<br />$2,743,153,13
<br />$11,808,153,13 812,398,560,79
<br />Significant Dates
<br />Dated
<br />12/30/2020
<br />First Coupon Date
<br />Yield Statistics
<br />6/15/2021
<br />................................
<br />Bond Year Dollars
<br />Average Life
<br />$150,507.29
<br />16.603 Years
<br />Average Coupon
<br />Net Interest Cost (NIC)
<br />True Interest Cost (TIC)
<br />Bond Yield for Arbitrage Purposes
<br />.............. ...
<br />All Inclusive Cost (AIC) •
<br />IRS Form 8038
<br />1,8226048%
<br />1.8828344%
<br />1.8887180%
<br />1.8181513%
<br />.....................
<br />1.9485196%
<br />Net Interest Cost
<br />1.8226048%
<br />Weighted Average Maturity
<br />2020A GO CIP Bonds - PreS 1 SINGLE PURPOSE j 11/ 212020 1 11:04 AM
<br />16.603 Years
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<br />EHLERS
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