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8.1. SR 06-16-2014
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8.1. SR 06-16-2014
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6/13/2014 9:32:50 AM
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Financial Impact <br /> Sewer Enterprise fund will repay the bonds related to this project via utility rates. In addition to the <br /> bonds, funding includes $3,000,000 Sewer Reserve Fund, $2,800,000 state grant, and$1,000,000 Trunk <br /> Utility Funds. The 10-year forecast has been updated to reflect the estimated bonds. <br /> Attachments <br /> • Resolution providing for the competitive negotiated sale of$10,000,000 General Obligation <br /> Sewer Revenue Bonds, Series 2014B <br /> • Springsted's sale summary <br /> N:\Public Bodies\Agenda Packets\06-16-2014\x8.1 sr GO Sewer Bond Sale.docx <br />
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