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8.1. SR 05-16-2016
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8.1. SR 05-16-2016
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5/13/2016 10:21:57 AM
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<br /> <br />$10,000,000 <br />City of Elk River, Minnesota <br /> <br />Electric Revenue Bonds, Series 2016A <br />Sources & Uses <br /> Dated 07/14/2016 | Delivered 07/14/2016 <br />Sources Of Funds <br />Par Amount of Bonds.................................................................................................................................................................................... <br />.$10,000,000.00 <br /> <br />Total Sources.......................................................................................................................................................................................... <br />.$10,000,000.00 <br /> <br />Uses Of Funds <br />Available for Project Costs............................................................................................................................................................................ <br />.9,068,057.50 <br />Deposit to Debt Service Reserve Fund (DSRF)............................................................................................................................................................ <br />.711,467.50 <br />Total Underwriter's Discount (1.300%)................................................................................................................................................................. <br />.130,000.00 <br />Costs of Issuance...................................................................................................................................................................................... <br />.90,475.00 <br /> <br />Total Uses............................................................................................................................................................................................. <br />.$10,000,000.00 <br />Series 2016 Electric Rev | SINGLE PURPOSE | 4/29/2016 | 2:23 PM <br />Page 7 <br />
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