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RES 20-93
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RES 20-93
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12/8/2020 10:16:59 AM
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City Government
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RES
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12/7/2020
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X <br />EXHIBIT E <br />NOTICE OF CALL FOR REDEMPTION <br />$6,975,000 <br />GENERAL OBLIGATION CAPITAL IMPROVEMENT <br />PLAN BONDS, SERIES 2012A <br />CITY OF ELK RIVER <br />SHERBURNE COUNTY, MINNESOTA <br />NOTICE IS HEREBY GIVEN that, by order of the City Council of the City of Elk River, <br />Sherburne County, Minnesota, there have been called for redemption and prepayment on <br />FEBRUARY 1, 2021 <br />all outstanding bonds of the City designated as General Obligation Capital Improvement Plan <br />Bonds, Series 2012A, dated as of March 15, 2012, having stated maturity dates of February 1 in <br />the years 2022 through 2033, both inclusive, totaling $4,515,000 in principal amount, and with the <br />following CUSIP numbers: <br />Year of Maturity <br />Amount <br />CUSIP <br />2022 <br />$335,000 <br />287407 U81 <br />2023 <br />340,000 <br />287407 U99 <br />2024 <br />350,000 <br />287407 V23 <br />2025 <br />355,000 <br />287407 V31 <br />2026 <br />360,000 <br />287407 V49 <br />2027 <br />370,000 <br />287407 V56 <br />2028 <br />380,000 <br />287407 V64 <br />2029 <br />385,000 <br />287407 V72 <br />2030 <br />395,000 <br />287407 V80 <br />2031 <br />405,000 <br />287407 V98 <br />2032 <br />415,000 <br />287407 W22 <br />2033 <br />425,000 <br />287407 W30 <br />The Bonds are being called at a price of par plus accrued interest to February 1, 2021, on <br />which date all interest on said bonds will cease to accrue. Holders of the bonds hereby called for <br />redemption are requested to present their bonds for payment at the office of U.S. Bank National <br />Association, in the City of St. Paul, Minnesota, on or before February 1, 2021, at the following <br />address: <br />If by mail: <br />U.S. Bank National Association <br />Corporate Trust Operations, Yd Floor <br />P.O. Box 64111 <br />St. Paul, MN 55164-0111 <br />EL185-66-684471.v2 <br />If b\ hand or overnight: <br />U.S. Bank National Association <br />60 Livingston Avenue <br />EP-MN-WS3C <br />Bond Drop Window, lst Floor <br />St. Paul, MN 55107 <br />E-1 <br />
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