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City of New Brighton, MN <br /> Purpose 1 - $1,770,000 <br /> Proposed Current Refunding of <br /> $6,935,000 G.O. TIF Bonds, Series 2004A <br /> Debt Service Comparison <br /> Date Total P+I Net New D/S Old Net D/S Savings <br /> 02/01/2013 608,240.67 604,013.17 618,215.00 14,201.83 <br /> 02/01/2014 483,420.00 483,420.00 495,015.00 11,595.00 <br /> 02/01/201 5 316,045.00 316,045.00 329,772.50 13,727.50 <br /> 02/01/2016 183,875.00 183,875.00 194,250.00 10,375.00 <br /> 02/01/2017 207,255.00 _ 207,255.00 217,770.00 10,515.00 <br /> I'otat $1,798,835.67 $1,794,608.17 $1,855,022.50 $60,414.33 <br /> PV Analysis Summary(Net to Net) <br /> Gross PV Debt Service Savings 54,910.59 <br /> Net PV Cashflow Savings @ 1.041%(Bond Yield) 54,910.59 <br /> Contingency or Rounding Amount 4,227.50 <br /> Net Present Value Benefit _ $59,138.09 <br /> Net PV Benefit/$1,813,858.44 PV Refunded Dcbl Service _ 3260% <br /> Net PV Benefit/ $1,710,000 Refunded Principal... 3.458% <br /> Net PV Benefit/ $1,770,000 Refunding Principal.. _ _ 3.341% <br /> Refunding Bond Information <br /> Refunding Dated Date 4/[9/2012 <br /> Refunding Delivery Date 4/19/2012 <br /> 11 Curr ref of Ser 04A 8 I Current Refund Series 04A I 2/17/2012 I 1:00 PM <br /> EHLERS <br /> LEADERS IN PUBLIC FINANCE <br />