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RES 14-39
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RES 14-39
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7/22/2014 9:07:54 AM
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7/22/2014 9:07:06 AM
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City Government
type
RES
date
7/21/2014
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EXHIBIT A <br /> PROPOSALS <br /> 380Jrrcksen Street, Suie300 <br /> Sprin:gsted SahPwl,MN 651101-2867 <br /> Tel 651-223-Mo <br /> Fax:661-223-3002 <br /> Emal:a&soTs0spmgs1cdxom <br /> www,Vdnoed.corn <br /> $10,000,Doow <br /> CITY OF ELK RIVER,MINNESOTA <br /> GENERAL OBLIGATION SEWER REVENUE BONDS,SERIES 20146 <br /> (BOOK ENTRY ONLY) <br /> AWARD: F'TN FINANCIAL CAPITAL MARKETS <br /> SALE: July 21,20114 Standard&Poor's Rating: AA+ <br /> Interest Net Interest True Interest <br /> Bidder Rates ftice cost Rate <br /> F TN FINANCIAL CAPITAL tAARKL7,9 2.00% 2016-2022 $10,036,65005(b) $3,548,148.28(b) 2969979%(0) <br /> 2,50% 2023-2025 <br /> 2,75% 2026 <br /> 3.00% 20272029 <br /> 3.25% 2030 <br /> 340% 2031-2034 <br /> 3-50% 2035 <br /> WELLS FARC30 BANK, 100% 2016 510,196,819.50 $3,660,429,94 2.97K% <br /> NATIONAL ASSOCIATION 4.00% 2017-2019 <br /> 300% 2020-2022 <br /> 250% 2023-2024 <br /> 3,004A 2025-2029 <br /> 3-25% 2030 <br /> 3,30% 2031-2034 <br /> 350% 2035 <br /> PIPER JAFFRAY&CO, 2.00% 2016-2017 $10,170,028,10 53,576,079.96 79796 <br /> 3.00% 2018-2022 <br /> 2.50% 2023-2025 <br /> 3.00% 2026-2028 <br /> 3.25% 2029 <br /> 3375% 2030 <br /> 3.40% 20$1-2034 <br /> 3.60% 2035 <br /> Subsequent to bid opening,the total issue site was not changed however,certain individual maturity amounts have changed. <br /> Subsequent to bid wming,t1ka,price,net interest cost and true interest rate have changed to and <br /> 2,969974%,respectively. <br /> Public Sector Advssors <br /> 445655v4 JS13 ELI 85-27 A-1 <br />
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