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• CITY OF LA PORTE, TEXAS •
<br /> GENERAL OBLIGATION 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 />8/15/91 136,410.83 136,410.83 257,062.50
<br />2/15/92 85,000.00 5.150000 204,616.25
<br />8/15/92 202,427.50 492,043.75 514,125.00
<br />2/15/93 90,000.00 5.400000 202,427.50
<br />8/15/93 199,997.50 492,425.00 514,125.00
<br />2/15/94 345,000.00 5.550000 199,997.50
<br />8/15/94 190,423.75 735,421.25 754,750.00
<br />2/15/95 515,000.00 5.900000 190,423.75
<br />8/15/95 175,231.25 880,655.00 903,300.00
<br />2/15/96 760,000.00 6.050000 175,231.25
<br />8/15/96 152,241.25 1,087,472.50 1,107,187.50
<br />2/15/97 770,000.00 6.150000 152,241.25
<br />8/15/97 128,563.75 1,050,805.00 1,072,837.50
<br />2/15/98 755,000.00 6.300000 128,563.75
<br />8/15/98 104,781.25 988,345.00 1,011,656.25
<br />2/15/99 745,000.00 6.450000 104,781.25
<br />8/15/99 80,755.00 930,536.25 949,643.75
<br />2/15/ 0 455,000.00 6.500000 80,755.00
<br />8/15/ 0 65,967.50 601,722.50 623,487.50
<br />2/15/ 1 445,000.00 6.650000 65,967.50
<br />8/15/ 1 51,171.25 562,138.75 583,462.50
<br />2/15/ 2 435,000.00 6.700000 51,171.25
<br />8/15/ 2 36,598.75 522,770.00 543,225.00
<br />2/15/ 3 425,000.00 6.800000 36,598.75
<br />8/15/ 3 22,148.75 483,747.50 502,775.00
<br />2/15/ 4 415,000.00 6.850000 22,148.75
<br />8/15/ 4 7,935.00 445,083.75 464,400.00
<br />2/15/ 5 230,000.00 6.900000 7,935.00
<br />8/15/ 5
<br />--
<br />------------
<br />-------------- - 237,935.00
<br />----- 260,625.00
<br />
<br />6,470,000.00
<br />3,177,512.08 -------- -
<br />9,647,512.08 -------------
<br />10,062,662.50
<br />ACCRUED
<br />
<br />_ 6,470,000.00
<br />~___~~ 3,177,512.08 9,647,512.08 10,062,662.50
<br />DATED 4/15/91 WITH DELIVERY OF 4/15/91
<br />BOND YEARS 48,991.667
<br />AVERAGE COUPON 6.486
<br />AVERAGE LIFE 7.572
<br />N I C x 6.485822 X USING 100.0000000
<br />T I C x 6.458868 R USING 100.0000000
<br />BOND INSURANCE: ... 0.350000 S OF
<br />(TOTAL DEBT SERVICE - ACCRUED - CAP . INT.) 33,766.29
<br />N 0 T E CUMULATIVE SAVINGS ARE NET OF 66,522.00
<br /> CUMULATIVE
<br />SAVINGS SAVINGS
<br />120,651.67 54,129.67
<br />22,081.25 76,210.92
<br />21,700.00 97,910.92
<br />19,328.75 117,239.67
<br />22,645.00 139,884.67
<br />19,715.00 159,599.67
<br />22,032.50 181,632.17
<br />23,311.25 204,943.42
<br />19,107.50 224,050.92
<br />21,765.00 245,815.92
<br />21,323.75 267,139.67
<br />20,455.00 287,594.67
<br />19,027.50 306,622.17
<br />19,316.25 325,938.42
<br />22,690.00 348,628.42
<br />--------------
<br />348,628.42
<br />348,628.42
<br />__~~-_
<br />NET PRESENT VALUE SAVINGS AT 6.4500x EQUALS 221,256.13 OR 3.4197x OF PAR
<br />PREPARED BY MORONEY, BEISSNER & CO., INC.
<br />RUNDATE: 03-25-1991 ® 15:31:42 FILENAME: LAP KEY: 91GOREFL
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