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Agenda - Council - 09/14/1999
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Agenda - Council - 09/14/1999
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3/25/2025 3:45:17 PM
Creation date
9/12/2003 10:08:05 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/14/1999
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I <br />I- <br />I <br />! <br />I <br />I <br />! <br /> <br /> City of Ramsey, Minnesota <br />Generall Obligation Capital Equipment Certificates of Indebtedness <br /> Series 1999A <br /> <br /> DEBT SERVICE SCHEDULE <br /> <br />Date Principal Coupon Interest Total P+I <br /> <br />2/01/2000 - <br />2/01/2001 60,000.00 4.200% 15,980.09 75,980.00 <br />2/0112002 70,000.00 4.300% 9,465.00 79,465.00 <br />2/01/2003 70,000.00 4,400% 6,455.00 76,455.00 <br />2/01/2004 75,000.00 4.500% 3,375.00 78,375.00 <br /> <br />Total 275,000.00 35,275.00 3!0,27,5.00 <br /> <br />YIELD STATISTICS <br /> <br />Bond Year Dollars ................................................................................................... $801.67 <br />Average Life ............................................................................................................ 2,915 Years <br />Average Coupon ..................................................................................................... 4.4002079% <br /> <br />Net Interest r,:os{ (NIC) ............................................................................................ 4.7089397% <br />True Interesl Cost tq'lC) .......................................................................................... 4.72.48168% <br />Bond Yield k,r Arbitrage Purposes .......................................................................... 4,3885364% <br />All inclusive Cost (AIC) ............................................................................................ 7.301815;2% <br /> <br />IRS FORM 8038 <br />Net Jnterest Cost ..................................................................................................... 4.4002079% <br />Weighted Au .rage Maturity ..................................................................................... 2315 Years <br /> <br />Springsted Incorporate.;f <br />Public Finence Advi$or~', <br /> <br />File = Ramsey.$f.-.Series 1999 CEN <br /> E/'24,,'f999 4:31 PM <br /> <br /> <br />
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