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6.2. SR 10-01-2007
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6.2. SR 10-01-2007
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1/21/2008 8:37:07 AM
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City of Elk River/Elk River EDA <br />$10,OD0,000 G.O. Bonds, Series 2007 <br />(YMCA Project) <br />Debt Service Schedule Pan 2 of 2 <br />Date Principal Coupon Interest Total P+I Fiscal Total <br />02/01/2030 690,DDD.DD 4.750% 7D,181.25 760,181.25 830,362.50 <br />08/01!2030 - - 53.793.75 53,793.75 - <br />02l01l2031 720,OOO.DD 4.750°/ 53,793.75 773,793.75 827,587.50 <br />08!01!2031 - - 36,693.75 36,693.75 _ - <br />02l01l2032 755,000.00 4.750% 36,693.75 791,693.75 <br />08!01!2032 - - 18,762.50 18,762.50 - <br />02/01/2033 790,000.00 4.750% 18,762.50 808,762.50 827,525.00 <br />Total $10,000,000.00 - $8,159,560.00 $76,159,560.00 - <br />Yield Statistics <br />Bond Year Dollars $179,040.00 <br />Average Life 17.904 Years <br />Average Coupon 4.5573950% <br /> <br />Net Interest Cost (NIC) 4.6132484% <br />True Interest Cost (TIC) 4.6183295% <br />Bond Yield for Arbitrage Purposes 4.5062982% <br />All Inclusive Cost (AIC) 4.6822408 <br /> <br />IRS Form 8038 <br />Net Interest Cost 4.5573950 <br />Weighted Average Matudty _ 17.904 Years <br /> <br />Ser O~ ymca no int eam b tO M 9118800] 11115 PM <br />~ 1 ~ <br />--~~ • - <br />
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