LynnTownshiPSewerProject

F i n a n c i nC
go m P a r i s i o n

30 yearterm, lssuedate4/15/201L
includingissuanceexpenses;
53MM Financing

LTSAGuaranteed
InsuredUnderlying
LTSA "A" Rating LCA*

lssuanceCosts 110,000s 145,800 5 110,000

180,000s _ (
CapitalizedInterest 4

ArbitrageYield 6.893o/o s.o2% 4.63%

AverageAnnual Debt
Service s 242,747 5 198,849 192,t62

Total Interest ExPense s 4,292,405 5 2,965,475 2,764,856

*LCASavingsTotal s 1,697,549 5 236,41.9

AnnualSavings

*Difference(lnterestExp+ Capitalized
Int + lssuance
Cost)

25%of the above

financingwould resultin amounts(S)equalto approximaLely
A S75O,O0O
 LynnTownshipSewerProject
F i n a n c i nCg o m p a r i s i o n

5750,000 Financing
includingissuanceexpenses;
30 year term, lssuedate4/1S/2O1,I

LTSAGuaranteed
InsuredUnderlying
LTSA "A" Rating LCA**

lssuanceCosts s 30,000 s 39,000 s

CapitalizedInterest s 40,000 s s
ArbitrageYield 6.893% 5.27% 2.OO%

AverageAnnual Debt
Service s62,190S 49,7r0 5 33,490

Total InterestExpense 5 L,075,600S 74'J.,370q 254,700

*LCASavingsTotal
s 890,900 s 525,670 5

AnnualSavings s
*Difference(lnterestExp+ fspil3lized +
Int lssuance
Cost)

** financing o f i n i t i a li m p r o v e m e n tw
s i l l b e r o l l e di n t o t h e
5750,000
b o n d si s s u e di f a n d w h e n t h e t r e a t m e n tp l a n ti s e x p a n d e d .