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EN 111111 MI INN NS MN NU Ell INN ir EN um um gm En um mg EN um <br /> MMUA Finance Program Features How Do I Receive <br /> Additional Information? <br /> The MMUA Finance Program was The MMUA Finance Program helps munici- • If you might consider the MMUA <br /> developed to provide low-cost, sim- pal utility project financing become more <br /> ple and flexible financing for Minne- affordable and simple by having a number Finance Program, or you would <br /> sota municipal utilities. Funding from of attractive features, including: just like to learn more about the <br /> • this program is available for electric, <br /> gas, water, and wastewater utility program, please send an email to <br /> projects. Bonds are issued by the • Flexible loan amounts ahedlofmmua.org to receive an <br /> Midwest Consortium of Municipal <br /> Utilities, a nonprofit organization cre- • Flexible terms of up to 30 interest survey. <br /> ated by MMUA members. The bond years <br /> proceeds fund the financing program, 4 ' • <br /> or complete the enclosed form and <br /> from which individual members can • No prepaymentr'' <br /> return it to MMUA via mail or fax. <br /> make loans • v . =, <br /> r,,. penalty r, <br /> or leases. 8,:-..;:6'e` ^,. ., r . <br /> •� • � r''__ • You can also contact Anthony <br /> -.X �':- ''"`� • Fixed or variable .-. <br /> rates Hedlof, the program coordinator, <br /> - directly at (763) 746-0715. <br /> • =V.-- ., • Simple applica- <br /> �,r tion ' `, t <br /> ilk' . , <br /> How is your next project • <br /> Low transaction costs v ,,. , <br /> being financed? 14 .. <br /> The MMUA • No risk to the city from the % .r- <br /> Financing Program takes advantage .., I 1 <br /> of economies of scale offered default of another borrower x . <br /> through pooled financing. <br /> • Borrowing through loan or <br /> This reduces an individual cities' How can we benefit your <br /> • transaction costs by sharing bond lease community? <br /> issuance costs and achieving the • Tax-exempt MINNESOTA MUNICIPAL UTILITIES <br /> lowest cost of borrowing through ASSOCATION <br /> favorable pricing. • Funds available NOW! 3025 Harbor Lane North <br /> - Current issue will be a $50 Suite 400 <br /> • The borrower saves the time and Plymouth MN 55447-5142 <br /> effort of going through a stand- million draw-down bond <br /> Phone 763-551-1230 <br /> alone bond issue. <br /> Fax 763-551-0459 <br /> E-mail ahedlof@mmua org <br />