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City of Ramsey, Minnesota
<br />$10,700,000 General Obligation CIP Refunding Bonds, Series 201A
<br />Proposed Current Refunding of Series 2012A
<br />Assuming GO Non-BQ "AA+" Market Rates + 15 bps
<br />Debt Service Schedule
<br />105%
<br />Date Principal Coupon Interest Total P+I Overlevy
<br />12/15/2021 - - - - -
<br />12/15/2022 980,000.00 0.400% 112,975.78 1,092,975.78 1,147,624.57
<br />12/15/2023 1,020,000.00 0.500% 93,847.50 1,113,847.50 1,169,539.88
<br />12/15/2024 1,040,000.00 0.600% 88,747.50 1,128,747.50 1,185,184.88
<br />12/15/2025 1,065,000.00 0.700% 82,507.50 1,147,507.50 1,204,882.88
<br />12/15/2026 1,070,000.00 0.800% 75,052.50 1,145,052.50 1,202,305.13
<br />12/15/2027 1,080,000.00 0.900% 66,492.50 1,146,492.50 1,203,817.13
<br />12/15/2028 1,090,000.00 1.050% 56,772.50 1,146,772.50 1,204,111.13
<br />12/15/2029 1,100,000.00 1.250% 45,327.50 1,145,327.50 1,202,593.88
<br />12/15/2030 1,120,000.00 1.350% 31,577.50 1,151,577.50 1,209,156.38
<br />12/15/2031 1,135,000.00 1.450% 16,457.50 1,151,457.50 1,209,030.38
<br />Total $10,700,000.00
<br />$669,758.28
<br />$11,369,758.28 $11,938,246.19
<br />Significant Dates
<br />Dated 10/19/2021
<br />First Coupon Date 6/15/2022
<br />Yield Statistics
<br />Bond Year Dollars $61,754.44
<br />Average Life 5.771 Years
<br />Average Coupon 1.0845507%
<br />Net Interest Cost (NIC) 1.2578176%
<br />True Interest Cost (TIC) 1.2615204%
<br />Bond Yield for Arbitrage Purposes 1.0804394%
<br />All Inclusive Cost (AIC) 1.4037002%
<br />IRS Form 8038
<br />Net Interest Cost
<br />Weighted Average Maturity
<br />Series 2021A GO CIP Ref B I SINGLE PURPOSE 18/ 9/2021 1 12:28 PM
<br />1.0845507%
<br />5.771 Years
<br />11 EHLERS
<br />(PUBLIC FINANCE ADVI5ORF
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