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8.1. SR 07-16-2018
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8.1. SR 07-16-2018
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7/12/2018 10:31:11 AM
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Page 6 <br /> <br />$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 | Delivered 09/26/2018 <br />Sources Of Funds <br />Par Amount of Bonds............................................................................................................................................$10,000,000.00 <br /> <br />Total Sources......................................................................................................................................................$10,000,000.00 <br />Uses Of Funds <br />Amount Available to Complete Acquisition of Membership in MMPA.....................................................................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 | SINGLE PURPOSE | 6/28/2018 | 1:07 PM <br />
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