Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />EXHIBIT B <br />NOTICE OF REDEMPTION <br /> <br />General Obligation Improvement Bonds, Series 1999A <br />Dated July 1, 1999 <br /> <br />City of Elk River, Minnesota <br /> <br />NOTICE IS HEREBY GIVEN that by order of the City Council of the City of Elk River, Minnesota, <br />there have been called for redemption and prepayment on <br /> <br />February 1, 2006 <br />the following outstanding bonds ofthe City designated as General Obligation Improvement Bonds, <br />Series 1999A, dated July 1, 1999: <br />Maturitv Date Principal Amount Interest Rate CUSIP Number* <br />February 1,2007 $440,000 4.70% 287407 YH7 <br />February 1, 2008 280,000 4.80% 287407 YJ3 <br />February 1,2009 280,000 4.85% 287407 YKO <br />February 1, 2010 275,000 4.90% 287407 YL8 <br />February 1,2011 275,000 4.90% 287407 YM6 <br />February 1,2012 280,000 4.95% 287407 YN4 <br />February 1,2013 280,000 5.00% 287407 YP9 <br />February 1, 2014 285,000 5.00% 287407 Y07 <br />February 1,2015 665,000 5.00% 287407 YR5 <br /> <br />The bonds are being called at a price of 100% of their principal amount plus accrued interest to <br />February 1, 2006, on which date they will cease to bear interest. Holders of such bonds hereby <br />called for redemption should present their Bonds for payment to U.S. Bank National Association <br />(formerly U.S. Bank Trust National Association) at the address below, on or before February 1, <br />2006. <br /> <br />If bv Mail <br /> <br />If bv Hand or Overniaht Mail <br /> <br />U.S. Bank National Association <br />Corporate Trust Department <br />P.O. Box 64111 <br />St. Paul, MN 55164-0111 <br /> <br />U.S. Bank National Association <br />U.S. Bank Trust Center <br />Bond Drop Window, 151 Floor <br />60 Livingston Avenue <br />St. Paul, Minnesota, MN 55107 <br /> <br />It is recommended that you mail your bonds registered or certified mail to guard against loss. <br /> <br />BY ORDER OF THE CITY COUNCIL <br />CITY OF ELK RIVER, MINNESOTA <br />/s/ <br /> <br />Dated: December 5, 2005 <br /> <br />Important Notice: In compliance with the Economic Growth and Tax Relief Reconciliation Act of 2001, <br />federal backup withholding tax will be withheld at the applicable backup withholding rate in effect at the <br />time the payment by the redeeming institutions if they are not provided with your social security number or <br />federal employer identification number, properly certified. This requirement is fulfilled by submitting a W-9 <br />Form, which November be obtained at a bank or other financial institution. <br /> <br />*Neither the City nor the Bond Registrar/Paying Agent shall be responsible for the selection of or use of the <br />CUSIP number, and no representation is made as to its correctness indicated in the Notice of Redemption. <br />CUSIP numbers are included solely for the convenience of the Holders. <br />