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City of Ramsey, Minnesota <br />$7,160,000 General Obligation TIF Bonds, Series 2023A <br />Assumes Current Market BQ AA+ Rates + 50bps <br />Debt Service Schedule <br />Date <br />Principal <br />Coupon <br />Interest <br />Total P+I <br />105% <br />Overlevy <br />12/15/2023 <br />- <br />- <br />- <br />- <br />- <br />12/15/2024 <br />2651000.00 <br />3.450% <br />375,653.42 <br />640,653.42 <br />672,686.09 <br />12/15/2025 <br />39000.00 <br />3.350% <br />248,940.00 <br />638,940.00 <br />670,887.00 <br />12/15/2026 <br />4051000.00 <br />3.350% <br />235,875.00 <br />640,875.00 <br />672,918.75 <br />12/15/2027 <br />4201000.00 <br />3.350% <br />222,307.50 <br />642,307.50 <br />674,422.88 <br />12/15/2028 <br />4351000.00 <br />3.350% <br />208,237.50 <br />643,237.50 <br />675,399.38 <br />12/15/2029 <br />4451000.00 <br />3.350% <br />19305.00 <br />63805.00 <br />670,598.25 <br />12/15/2030 <br />4601000.00 <br />3.400% <br />178,757.50 <br />638,757.50 <br />670,695.38 <br />12/15/2031 <br />4801000.00 <br />3.400% <br />163,117.50 <br />643,117.50 <br />675,273.38 <br />12/15/2032 <br />49500.00 <br />3.450% <br />146,797.50 <br />641,797.50 <br />6731887.38 <br />12/15/2033 <br />5101000.00 <br />3.500% <br />129,720.00 <br />6391720.00 <br />6711706.00 <br />12/15/2034 <br />5301000.00 <br />3.650% <br />111,870.00 <br />6411870.00 <br />6731963.50 <br />12/15/2035 <br />5501000.00 <br />3.800% <br />92,525.00 <br />642,525.00 <br />6741651.25 <br />12/15/2036 <br />57000.00 <br />3.950% <br />71,625.00 <br />641,625.00 <br />6731706.25 <br />12/15/2037 <br />5901000.00 <br />4.050% <br />49,110.00 <br />6395110.00 <br />6715065.50 <br />12/15/2038 <br />6151000.00 <br />4.100% <br />25,215.00 <br />640,215.00 <br />6725225.75 <br />Total <br />$7,1601000.00 <br />- <br />$2,453,415.92 <br />$99613,415.92 <br />$109094,086.72 <br />Significant Dates <br />Dated 7/01 /2023 <br />First Coupon Date 6/15/2024 <br />Yield Statistics <br />Bond Year Dollars <br />Average Life <br />Average Coupon <br />Net Interest Cost (NIC) <br />True Interest Cost (TIC) <br />Bond Yield for Arbitrage Purposes <br />All Inclusive Cost (AIC) <br />IRS Form 8038 <br />$655986.78 <br />9.216 Years <br />3.7180417% <br />3.8482496% <br />3.8580211% <br />3.6978745% <br />3.9962156% <br />Net Interest Cost 3.7180417% <br />Weighted Average Maturity 9.216 Years <br />Series 2023A GO TIF Bonds I SINGLE PURPOSE 1 5/ 5/2023 1 8:41 AM <br />EHLERS <br />PUBLIC FINANCE ADVISORS <br />