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5.0.-6.0. EDSR 08-12-2002
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5.0.-6.0. EDSR 08-12-2002
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2/17/2016 10:01:11 AM
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City Government
type
EDSR
date
8/12/2002
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• BID TABULATION <br /> $1,695,000 City Hall Expansion Revenue Bonds, Series 2002B <br /> (City of Elk River Lease Purchase Obligation) <br /> ECONOMIC DEVELOPMENT AUTHORITY OF THE CITY OF ELK RIVER, MINNESOTA <br /> SALE: August 12, 2002 <br /> AWARD: MORGAN STANLEY DEAN WITTER <br /> RATING: Moody's Investors Service"A3" BBI: 4.99% <br /> NET TRUE <br /> NAME OF BIDDER MATURITY RATE REOFFERING PRICE INTEREST INTEREST <br /> (February 1) YIELD COST RATE <br /> MORGAN STANLEY DEAN WITTER 2004 3.000% 1.750% $1,671,220.05 $996,269.53 4.6950% <br /> Chicago, Illinois 2005 3.000% 2.200% <br /> UBS PAINEWEBBER, INC. 2006 3.000% 2.600% <br /> Chicago, Illinois 2007 3.000% 2.900% <br /> SALOMON SMITH BARNEY 2008 3.250% 3.200% <br /> Chicago, Illinois 2009 3.500% 3.500% <br /> CIBC WORLD MARKETS 2010 3.750% 3.700% <br /> New York, New York 2011 4.000% 3.900% <br /> CRONIN &CO., INC. 2012 4.000% 4.000% <br /> neapolis, Minnesota 2013 4.100% 4.100% <br /> lir <br /> ENS BANK 2014 4.200% 4.250% <br /> Flint, Michigan 2015 4.300% 4.400% <br /> 2016 4.400% 4.500% <br /> 2017 4.500% 4.600% <br /> 2018 4.625% 4.700% <br /> 2019* 5.000% 5.000% <br /> 2020* 5.000% 5.000% <br /> 2021* 5.000% 5.000% <br /> 2022** 5.000% 5.050% <br /> 2023** 5.000% 5.050% <br /> 4 <br /> 11° <br /> * 335,000 Term Bond due 2021 with mandatory redemption in 2019-2020 <br /> **$260,000 Term Bond due 2023 with mandatory redemption in 2022 <br /> 0L E A D E R S IN PUBLIC FINANCE <br /> EHLERS <br /> 3060 Centre Point Drive, Roseville, MN 55113-1105 <br /> 651.697.8500 fax 651.697.8555 www.ehlers-inc.com <br /> & ASSOCIATES INC Offices in Roseville, MN, Brookfield, WI and Naperville, IL <br />
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