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5.1 ERMUSR 07-10-2018
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5.1 ERMUSR 07-10-2018
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7/9/2018 2:13:02 PM
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7/9/2018 2:12:59 PM
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City Government
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ERMUSR
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7/10/2018
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assuming our 2018A bond with a 20-30 year term will be approximately that same payment <br /> amount. If the resulting difference in power costs were only 5% lower,we should be able to <br /> make the bond payments and have no rate impact to our customers for the purchased power(only <br /> inflationary costs for other operating expenses would need to be considered.) With a larger than <br /> 5% difference we should be able to hold the rates for a few years and then gradually increase our <br /> rates, with the goal to be less than our neighboring utilities. <br /> ATTACHMENTS: <br /> • Springsted Recommendations 2018A Bonds <br /> • Resolution No. 18-9 Providing for the Competitive Negotiated Sale of$10,000,000 <br /> Electric Revenue Bonds, Series 2018A <br /> • Resolution for City Setting Sale 2018A Bonds <br /> Page 2 of 2 <br /> 49 <br />
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