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City of Elk River, Minnesota <br /> $10,000,000* Electric Revenue Bonds, Series 2016A <br /> The Series 2016A Bonds will mature February 1 in the years and amounts* as follows: <br /> 2019 $465,000 2023 $495,000 2027 $535,000 2031 $595,000 2034 $645,000 <br /> 2020 $470,000 2024 $505,000 2028 $550,000 2032 $610,000 2035 $665,000 <br /> 2021 $480,000 2025 $515,000 2029 $565,000 2033 $630,000 2036 $685,000 <br /> 2022 $485,000 2026 $525,000 2030 $580,000 <br /> The City may elect on February 1,2025,and on any day thereafter,to prepay Series 2016A Bonds due on <br /> or after February 1,2026 at a price of par plus accrued interest. <br /> $1,460,000*Electric Revenue Refunding Bonds,Series 2016B <br /> The Series 2016B Bonds will mature February 1 in the years and amounts* as follows: <br /> 2017 $235,000 2019 $240,000 2021 $250,000 <br /> 2018 $235,000 2020 $245,000 2022 $255,000 <br /> The Series 2016B Bonds will not be subject to payment in advance of their respective stated maturity <br /> dates. <br /> * Preliminary;subject to change. <br /> 106 <br />