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5.5. ERMUSR 05-10-2016
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5.5. ERMUSR 05-10-2016
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5/10/2016 9:30:57 AM
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City Government
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ERMUSR
date
5/10/2016
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$10,000,000 <br /> City of Elk River, Minnesota <br /> Electric Revenue Bonds, Series 2016A <br /> Sources&Uses <br /> Dated 07/14/2016 I Delivered 07/14/2016 <br /> Sources Of Funds <br /> Par Amount of Bonds $10,000,000.00 <br /> Total Sources $10,000,000.00 <br /> Uses Of Funds <br /> Available for Project Costs 9,068,057.50 <br /> Deposit to Debt Service Reserve Fund(DSRF) 711,467.50 <br /> Total Underwriter's Discount (1.300%) 130,000.00 <br /> Costs of Issuance 90,475.00 <br /> Total Uses $10,000,000.00 <br /> Series 2016 Electric Rev I SINGLE PURPOSE 4/29/2016 12:23 PM <br /> Springsted Page7 <br /> 172 <br />
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