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8.1. SR 07-15-2019
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8.1. SR 07-15-2019
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7/12/2019 8:05:54 AM
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7/15/2019
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<br /> <br />$33,735,000 <br />City of Elk River, Minnesota <br />General Obligation Sales Tax Revenue Bonds, Series 2019A <br />Sources & Uses <br /> Dated 09/19/2019 | Delivered 09/19/2019 <br />Sources Of Funds <br />Par Amount of Bonds.................................................................................................................................................................................... <br />.$33,735,000.00 <br />Reoffering Premium..................................................................................................................................................................................... <br />.2,247,277.25 <br /> <br />Total Sources.......................................................................................................................................................................................... <br />.$35,982,277.25 <br /> <br />Uses Of Funds <br />Deposit to Project Fund................................................................................................................................................................................ <br />....35,000,000.00 <br />Capitalized Interest/Working Capital................................................................................................................................................................... <br />................700,000.00 <br />Total Underwriter's Discount (0.500%)................................................................................................................................................................. <br />.168,675.00 <br />Costs of Issuance...................................................................................................................................................................................... <br />.112,650.00 <br />Rounding Amount........................................................................................................................................................................................ <br />.952.25 <br /> <br />Total Uses............................................................................................................................................................................................. <br />.$35,982,277.25 <br />Series 2019A GO Sales Tax | SINGLE PURPOSE | 7/10/2019 | 1:56 PM <br /> <br /> <br /> Page 5 <br /> <br />
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