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APPENDIX A
<br />PROPOSED CIP BOND ISSUE
<br />City of Elk River, Minnesota
<br />$7,300,000 G.O. Bonds, Series 2012
<br />20 Year Term ~ 50 basis points over Current Market Rates
<br />Net Debt Service Schedule
<br />Fscal
<br />Date Principal Coupon .Interest Total P+I CIF Net New D/S Total
<br />03/15/2012 - - - - - - -
<br />02/O1/2013 - - 194,877.64 194,877. 64 (194,877.64) - -
<br />08/O1/2013 - - 111,006.25 111,006. 25 - 111,006.25 -
<br />02/Ol/2014 285,000.00 1.150% 111,006.25 396,006. 25 - 396,006.25 507,012. 50
<br />08/01/2014 - - 109,367.50 109,367. 50 - 109,367.50 -
<br />02/Ol/2015 290,000.00 1.450% 109,367.50 399,367. 50 - 399,367.50 508,735. 00
<br />08!01/2015 - - 107,265.00 107,265.00 - 107,265.00 -
<br />02/O1/2016 295,000.00 1.700% 107,265.00 402,265. 00 - 402,265.00 509,530. 00.
<br />08/01!2016 - - 104,757.50 104,757. 50 - 104,757.50 -
<br />02/01/2017 300,000.00 1.900% 104,757.50 404,757. 50 - 404,757.50 509,515. 00
<br />08/01/2017 - - 101,907.50 101,907. 50 - 101,907.50 -
<br />02/O1/2018 305,000.00 2.200% ]01,907.50 406,907. 50- - 406,907.50 508,815. 00
<br />08/01/2018 - - 98,552.50 98,552. 50 - 98,552.50 -
<br />02/Ol/2019 310,000.00 2.300% 98,552.50 408,552. 50 - 408,552.50 507,105. 00
<br />08/01/2019 - - 94,987.50 94,987. 50 - 94,987.50 -
<br />02/Ol/2020 320,000.00 2.600% 94,987.50 414,987. 50 - 414,987.50 509,975. 00
<br />08/01/2020 - - 90,827.50 90,827. 50 - 90,827.50 -
<br />02/Ol/2021 330,000.00 2.700% 90,827.50 420,827. 50 - 420,827.50 511,655. 00
<br />08/01/2021 - - 86,372.50 86,372. 50 - 86,372.50 -
<br />02lO1/2022 335,000.00 2.900% 86,372.50 421,372. 50 - 421,372.50 507,745. 00
<br />08/01/2022 - - 81,515.00 81,515. 00 - 81,515.00 -
<br />02/Ol/2023 345,000.00 3.150% 81,515.00 426,515. 00 - 426,818.00 508,030. 00
<br />08/01/2023 - - 76,081.25 76,081. 25 - .76,081.25 -
<br />02/O]/2024 355,000.00 3.250% 76,081.25 431,081. 25 - 43],081.25 507,162. 50
<br />08/01/2024 - - 70,3]2.50 70,312. 50 - 70,312.50 -
<br />02/O1/2025 370,000.00 3.350% 70,312.50 440,312. 50 - 440,312.50. 510,625. 00
<br />08/01/2025 - - 64,115.00 64,115. 00 64,115.00 -
<br />02/O1/2026 380,000.00 3.450% 64,115.00 444,115. 00 - 444,115.00 508,230. 00
<br />08/01/2026 - - 57,560.00 57,560. 00 - 57,560.00 -
<br />02/O1/2027 395,000.00 3.500% 57,560.00 452,560. 00 - 452,560.00 510;120. 00
<br />08/01/2027 - - 50,647.50 50,647. 50 - 50,647.50 -
<br />02/Ol/2028 410,000.00 3.600% 50,647.50 460,647. 50 - 460,647.50 511,295. 00
<br />08/01/2028 - - 43,267.50 43,267. 50 - 43,267.50 -
<br />02/OU2029 420,000.00 3.700% 43,267.50 463,267. 50 - 463,267.50 506,535. 00
<br />08/01/2029 - - 35,497.50 35,497. 50 - 35,497.50 -
<br />02/01/2030 440,000.00 3.750% 35,497.50 475,497. 50 - 475,497.50 510,995. 00
<br />08/01/2030 - - 27,247.50 27,247. 50 - 27,247.50 -
<br />02/Ol/2031 455,000.00 3.800% 27,247.50 482,247. 50 - 482,247.50 509,495. 00
<br />08/01/2031 - - 18,602.50 18,602. 50 - 18,602.50 -
<br />02/Ol/2032 470,000.00 3.850% 18,602.50 488,602. 50 - 488,602.50 507,205. 00
<br />08/01/2032 - - 9,555.00 9,555. 00 - 9,555.00 -
<br />02/O1/2033 490,000.00 3.900% 9,555.00 499,555. 00 - 499,555.00 509,]10. 00
<br />Total $7,300,000.00 - $3,073,767.64 $10,373,767.64 (194,877.64) $10,178,890.00 -
<br />City of Elk River CIP for Financing Purposes Page 10
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