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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
type
ERMUSR
date
7/10/2018
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' $10,000,000 <br /> City of Elk River, Minnesota <br /> Electric Revenue Bonds, Series 2018A <br /> Term: 30 Years <br /> Sources& Uses <br /> Dated 09/26/2018 i Delivered 09/26/2018 <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 /> Amount Available to Complete Acquisition of Membership in MVIPA 9,490,155.71 <br /> Deposit to Debt Service Reserve Fund(DSRF) 275,819.29 <br /> Total Underwriter's Discount (1.500%) 150,000.00 <br /> Costs of Issuance 84,025.00 <br /> Total Uses $10,000,000.00 <br /> Series 2018A Electric Rev I SINGLE PURPOSE 16/28!2018 I 1:07 PM <br /> Springsted Page6 <br /> 55 <br />
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