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• <br /> TO: Mr. Patrick D. Klaers, Administrator SALE DATE: October 17, 1991 <br /> City of Elk Rivet ATTACHMENT I <br /> Elk River City Hall <br /> 720 Dodge Avenue NW <br /> 1111 <br /> Elk River, MN 55330 <br /> RE: $2,740,000 City Hall and Law Enforcement Facility Revenue Bonds <br /> (City of Elk River, Minnesota Lease Purchase Obligation), Series 1991 <br /> For the Bonds of this Issue which shall mature a9d bear interest at the respective annual rates, as <br /> follow, we offer a price of $ �. � lG 1 ' . (Note: This amount may not be less than <br /> $2.593,500) and accrued interest to the date of delivery. <br /> 4'/� % 1994 90 % 1999 6,1 % 2004 % 2008 <br /> _6720 % 1995 % 2000 w $ % 2005 7e % 2009 <br /> yC % 1996 /O % 2001 l SS % 2006 tF7 % 2010 <br /> 4"--. 6,e % 1997 a 0 % 2002 6 a % 2007 a % 2011 <br /> 1998 l7 % 2003 <br /> In making this offer we accept all of the terms and conditions of the Official Terms of Offering <br /> published In the Official Statement dated October 3, 1991. In the event of failure to deliver these <br /> Bonds in accordance with the Official Terms of Offering as printed in the Official Statement and made a <br /> part hereof, we reserve the right to withdraw our offer, whereupon the deposit accompanying it will be <br /> Immediately returned. All blank spaces of this offer are intentional and are not to be construed as an <br /> omission. <br /> • Not as a part of our offer, the above quoted prices being controlling, but only as an aid for the <br /> verification of the offer, we have made the following computations: <br /> NET INTEREST COST: $ �� 3 3 /3 oc_ <br /> NET EFFECTIVE RATE: C.. . a`''Y gb TRUE INTEREST RATE: lv. 44' ?' % <br /> Account Members <br /> hoiae <br /> iweLcd A o-mes tee. <br /> Account Manager <br /> BY: aew./..,„,( 4•12.m <br /> The foregoing offer is hereby accepted by the Issuer on the date of the offer by its following officers <br /> duly authorized and empowered to make such acceptance. <br /> Clerk Mayor <br /> • Received good faith check for return to bidder. <br /> SPRINGSTED Incorporated by <br />