|
City of Elk River, Minnesota
<br />General Obligation Improvement Bonds, Series 1997A
<br />
<br />Dated: 8- 1 - 1997
<br />Mature: 2- 1
<br />First Interest: 2- 1-1996
<br />
<br />Year of Year of Year of
<br />Levy Collection Mat. Principal
<br />(1) (2) (3) (4)
<br />
<br />1996 1997 1998
<br />1997 1998 1999
<br />1998 1999 2(X)0
<br />1999 2000 2001
<br />2000 2001 2002
<br />2001 2002 2003
<br />2002 2003 2004
<br />2003 2004 2005
<br />2004 2005 2006
<br />2005 2006 2007
<br />2006 2007 2008
<br />2007 2008 2009
<br />2008 2009 2010
<br />2009 2010 2011
<br />2010 2011 2012
<br />2011 2012 2013
<br />
<br /> 0
<br />180,000
<br />200,000
<br />190,000
<br />80 000
<br />80 000
<br />75 000
<br />75 000
<br />75 000
<br />75 000
<br />50 000
<br />25 000
<br />15000
<br />15000
<br />15000
<br />15000
<br />
<br />Rates Interest
<br />(5) (6)
<br />
<br />0.00% 27,630
<br />4.40% 55,260
<br />4.50% 47,340
<br />4.60% 38,340
<br />4.70% 29,600
<br />4.80% 25,840
<br />4.85% 22,000
<br />4.95% 18,363
<br />5.00% 14,650
<br />5.05% 10,900
<br />5.15% 7,113
<br />5.25% 4,538
<br />5.30% 3,225
<br />5.35% 2,430
<br />5.40% 1,628
<br />5.45% 818
<br />
<br />TOTALS: 1,165,000 309,673
<br />
<br />Prepared June 18, 1997
<br />By SPRINGSTED Incorporated
<br />
<br /> Annual
<br />Total Surplus
<br />Principal 105% Assessment (Net
<br />& Interest of To{al Income Requirement)
<br />(7) (8) (9) (10)
<br />
<br /> 27 630
<br />235 260
<br />247 340
<br />228 340
<br />109600
<br />105 840
<br />97 000
<br />93 363
<br />89 650
<br />85 900
<br />57,113
<br />29,538
<br />18,225
<br />17,430
<br />16,628
<br />15,818
<br />
<br />1,474,673
<br />
<br /> 29,012
<br />247,023
<br />259,707
<br />239,757
<br />115,080
<br />111,132
<br />101,850
<br />98,031
<br />94 133
<br />90 195
<br />59 968
<br />31 014
<br />19136
<br />18 302
<br />17 459
<br />16608
<br />
<br /> 36,459
<br />249,596
<br />260,703
<br />240,019
<br />116,150
<br />110,919
<br />104,842
<br />99,664
<br />94,484
<br />89,304
<br />62,305
<br />34,025
<br />
<br /> 19,506
<br /> 18,445
<br /> 17,382
<br />
<br />1,574,370
<br />
<br />7,448
<br />2,573
<br />996
<br />262
<br />1,070
<br />(213)
<br />2,992
<br />1,633
<br />352
<br />(891)
<br />2,337
<br />3,011
<br />1,431
<br />1,2O5
<br />986
<br />774
<br />
<br />* Costs of issuance and the underwriter's discount are included in the project costs.
<br />
<br />Interest rates are estimates; changes may cause significant alterations of this schedule.
<br />The actual underwriter's discount bid may also vary.
<br />
<br />
<br />
|