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' ~ CITY OF LA PORTE, TEXAS •
<br /> WATER & SEWER REVENUE REFUNDING BONDS, SERIES 1991
<br /> LEVEL ANNUAL SAVINGS
<br /> SAVINGS REPORT
<br />- - - - - - - - PROPOSED DEBT SERVICE - - - - - - - - PRIOR
<br />DATE PRINCIPAL COUPON INTEREST TOTAL D/S
<br />9/15/91 92,822.92 92,822.92 140,475.00
<br />3/15/92 45,000.00 5.250000 111,387.50
<br />9/15/92 110,206.25 266,593.75 280,950.00
<br />3/15/93 50,000.00 5.500000 110,206.25
<br />9/15/93 108,831.25 269,037.50 280,950.00
<br />3/15/94 50,000.00 5.750000 108,831.25
<br />9/15/94 107,393.75 266,225.00 280,950.00
<br />3/15/95 55,000.00 6.000000 107,393.75
<br />9/15/95 105,743.75 268,137.50 280,950.00
<br />3/15/96 355,000.00 6.150000 105,743.75
<br />9/15/96 94,827.50 555,571.25 567,300.00
<br />3/15/97 345,000.00 6.250000 94,827.50
<br />9/15/97 84,046.25 523,873.75 539,850.00
<br />3/15/98 340,000.00 6.350000 84,046.25
<br />9/15/98 73,251.25 497,297.50 511,950.00
<br />3/15/99 335,000.00 6.450000 73,251.25
<br />9/15/99 62,447.50 470,698.75 483,600.00
<br />3/15/ 0 325,000.00 6.550000 62,447.50
<br />9/15/ 0 51,803.75 439,251.25 455,100.00
<br />3/15/ 1 320,000.00 6.650000 51,803.75
<br />9/15/ 1 41,163.75 412,967.50 426,450.00
<br />3/15/ 2 310,000.00 6.750000 41,163.75
<br />9/15/ 2 30,701.25 381,865.00 397,575.00
<br />3/15/ 3 305,000.00 6.850000 30,701.25
<br />9/15/ 3 20,255.00 355,956.25 368,550.00
<br />3/15/ 4 295,000.00 6.900000 20,255.00
<br />9/15/ 4 10,077.50 325,332.50 340,500.00
<br />3/15/ 5 290,000.00 6.950000 10,077.50
<br />9/15/ 5
<br />--
<br />------------
<br />-
<br />------------- - 300,077.50
<br />----- 313,500.00
<br />
<br />3,420,000.00
<br />2,005,707.92 -------- --
<br />5,425,707.92 ------------
<br />5,668,650.00
<br />ACCRUED
<br /> 3,420,000.00 2,005,707.92 5,425,707.92 5,668,650.00
<br />DATED 4/15 /91 WITS DELIVERY OF 4/ 15/91
<br />BOND YEARS 30,225.000
<br />AVERAGE COUPON 6.636
<br />AVERAGE LIFE 8.838
<br />N I C I 6.635924 Z USING 100.0000000
<br />T I C R 6.613450 X USING 100.0000000
<br />BOND INSURANCE: ... 0.368615 R OF
<br />(TOTAL DEBT SERVICE - ACCRUED - CAP. INT.) a 20,000.00
<br />N 0 T E CUMULATIVE SAVINGS ARE NET OF 23,412.00
<br /> CUMULATIVE
<br />SAVINGS SAVINGS
<br />47,652.08 24,240.08
<br />14,356.25 38,596.33
<br />11,912.50 50,508.83
<br />14,725.00 65,233.83
<br />12,812.50 78,046.33
<br />11,728.75 89,775.08
<br />15,976.25 105,751.33
<br />14,652.50 120,403.83
<br />12,901.25 133,305.08
<br />15,848.75 149,153.83
<br />13,482.50 162,636.33
<br />15,710.00 178,346.33
<br />12,593.75 190,940.08
<br />15,167.50 206,107.58
<br />13,422.50 219,530.08
<br />--------------
<br />219,530.08
<br />219,530.D8
<br />NET PRESENT VALUE SAVINGS AT 6.6100x EQUALS 140,255.14 OR 4.1010X OF PAR
<br />PREPARED BY MORONEY, BEISSNER & CO., INC.
<br />RUNDATE: 03-25-1991 @ 15:53:50 FILENAME: LAP KEY: 91REVREF
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