Laserfiche WebLink
$7,295,000 <br />City of Elk River, Minnesota <br />Taxable General Obligation Sewer Revenue Refunding Bonds, Series 2020C <br />Crossover Refunding of Series 2014B <br />Crossover Escrow Fund Cashflow <br />DatePrincipalRateInterestReceiptsDisbursementsCash Balance <br />12/29/2020---0.63-0.63 <br />08/01/202167,672.000.110%5,089.2572,761.2572,761.640.24 <br />02/01/20227,097,520.000.120%4,258.517,101,778.517,101,778.75- <br />Total$7,165,192.00-$9,347.76$7,174,540.39$7,174,540.39- <br />Investment Parameters <br />Investment Model \[PV, GIC, or Securities\]..............................................................................................................Securities <br />Default investment yield target...............................................................................................................................Bond Yield <br />Cash Deposit.......................................................................................................................................................0.63 <br />Cost of Investments Purchased with Bond Proceeds................................................................................................7,165,192.00 <br />Total Cost of Investments......................................................................................................................................$7,165,192.63 <br />Target Cost of Investments at bond yield.................................................................................................................$7,027,704.09 <br />Actual positive or (negative) arbitrage......................................................................................................................(137,488.54) <br />Yield to Receipt....................................................................................................................................................0.1203293% <br />Yield for Arbitrage Purposes..................................................................................................................................1.9171159% <br />State and Local Government Series (SLGS) rates for...............................................................................................10/22/2020 <br />2020 Txbl GO Ref Bonds (1 | SINGLE PURPOSE | 10/22/2020 | 1:55 PM <br />Page 29 <br />