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8.1. SR 03-15-2021
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8.1. SR 03-15-2021
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Page 5 <br /> <br /> <br />$14,460,000 <br />City of Elk River, Minnesota <br />Electric Revenue Bonds, Series 2021B <br />Issue Summary <br />Sources & Uses <br /> Dated 05/13/2021 | Delivered 05/13/2021 <br />Sources Of Funds <br />Par Amount of Bonds.........................................................................................................................................$14,460,000.00 <br />Total Sources...................................................................................................................................................$14,460,000.00 <br />Uses Of Funds <br />Deposit to Project Construction Fund...................................................................................................................13,500,000.00 <br />Deposit to Debt Service Reserve Fund (DSRF)......................................................................................................640,134.56 <br />Total Underwriter's Discount (1.600%).................................................................................................................231,360.00 <br />Costs of Issuance..............................................................................................................................................85,000.00 <br />Rounding Amount..............................................................................................................................................3,505.44 <br />Total Uses........................................................................................................................................................$14,460,000.00 <br />File | Working Elk River MN.sf | 2021 Electric Rev Bonds 3 | SINGLE PURPOSE | 1/22/2021 | 1:45 PM <br />
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