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<br />
<br />City of New Brighton, MN
<br />$5,045,000 G.O Tax Increment Refunding Bonds, Dated July 15, 2017
<br />Proposed Current Refunding of Series 2007B
<br />Assuming Flat Rate - Bank Offering
<br />Debt Service Schedule
<br />Date Principal Coupon Interest Total P+I Fiscal Total
<br />07/15/2017 -----
<br />02/01/2018 655,000.00 1.830%50,265.02 705,265.02 705,265.02
<br />08/01/2018 --40,168.50 40,168.50 -
<br />02/01/2019 660,000.00 1.830%40,168.50 700,168.50 740,337.00
<br />08/01/2019 --34,129.50 34,129.50 -
<br />02/01/2020 670,000.00 1.830%34,129.50 704,129.50 738,259.00
<br />08/01/2020 --27,999.00 27,999.00 -
<br />02/01/2021 665,000.00 1.830%27,999.00 692,999.00 720,998.00
<br />08/01/2021 --21,914.25 21,914.25 -
<br />02/01/2022 670,000.00 1.830%21,914.25 691,914.25 713,828.50
<br />08/01/2022 --15,783.75 15,783.75 -
<br />02/01/2023 705,000.00 1.830%15,783.75 720,783.75 736,567.50
<br />08/01/2023 --9,333.00 9,333.00 -
<br />02/01/2024 720,000.00 1.830%9,333.00 729,333.00 738,666.00
<br />08/01/2024 --2,745.00 2,745.00 -
<br />02/01/2025 300,000.00 1.830%2,745.00 302,745.00 305,490.00
<br />Total $5,045,000.00 -$354,411.02 $5,399,411.02 -
<br />Yield Statistics
<br />
<br />Bond Year Dollars $19,366.72
<br />Average Life 3.839 Years
<br />Average Coupon 1.8300000%
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<br />Net Interest Cost (NIC)1.8300000%
<br />True Interest Cost (TIC)1.8298905%
<br />Bond Yield for Arbitrage Purposes 1.8298905%
<br />All Inclusive Cost (AIC)2.0510459%
<br />
<br />IRS Form 8038
<br />Net Interest Cost 1.8300000%
<br />Weighted Average Maturity 3.839 Years
<br />Proposed CR 2007B GO TIF | SINGLE PURPOSE | 7/12/2017 | 9:35 AM
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