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<br />. .
<br /> FINAL - Results of Sale
<br /> City of Elk River
<br /> $800,000 G.O. Tax Increment Bonds, Series 2000A
<br /> Tax
<br />Date Principal Rate Interest P&I Increment
<br />2/112001
<br />211/2002 0 0.000% 48,831.25 48,831.25 0
<br />2/1/2003 25,000 4.450% 39,065.00 64,065.00 64,000
<br />211/2004 50,000 4.500% 37,952.50 87,952.50 88,000
<br />2/112005 50,000 4.550% 35,702.50 85,702.50 86,000
<br />2/1/2006 55,000 4.600% 33,427.50 88,427.50 88,000
<br />211/2007 55,000 4.700% 30,897.50 85,897.50 86,000
<br />211/2008 60,000 4.750% 28,312.50 88,312.50 88,000
<br />211/2009 65,000 4.800% 25,462.50 90,462.50 90,000
<br />2/112010 65,000 4.850% 22,342.50 87,342.50 87,000
<br />211/2011 70,000 4.950% 19,190.00 89,190.00 89,000
<br />2/112012 70,000 5.000% 15,725.00 85,725.00 86,000
<br />211/2013 75,000 5.100% 12,225.00 87,225.00 87,000
<br />2/112014 80,000 5.200% 8,400.00 88,400.00 88,000
<br />2/112015 80,000 5.300% 4,240.00 84,240.00 84,000
<br />TOTAL 800,000 361,773.75 1,161,773.75 1, 111 ,000
<br />
<br />Dated
<br />Delivery Date
<br />First Coupon Date
<br />
<br />Bond Year Dollars
<br />Average Life
<br />Average Coupon
<br />Net Interest Cost (NIC)
<br />True Interest Cost (TIC)
<br />
<br />Ehlers & Associates, Inc.
<br />
<br />.
<br />
<br />Capitalized
<br />Interest
<br />
<br />48,550
<br />
<br />48,550
<br />
<br />11/01/2000
<br />11/01/2000
<br />8/01/2001
<br />
<br />$7,260.00
<br />9.075 Years
<br />4.98311 %
<br />5.13707%
<br />5.16320%
<br />
<br />10/23/2000
<br />
<br />[Goti2000]
<br />
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