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Agenda - Council - 12/17/1991
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Agenda - Council - 12/17/1991
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4/7/2025 9:42:23 AM
Creation date
12/10/2003 2:08:50 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/17/1991
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Iity of Ramsey, Minnesota <br /> G.O. Temporary Improvement Bonds, Series 1992A <br /> <br /> Dated: 2- 1-1992 <br />lature: 2- 1 <br /> ±rst Interest: 8- 1-1992 <br /> <br /> Year of Year of <br />iLevy Mat. Principai Rates <br /> (1) (2) (3) (4) <br /> <br />APPENDIX I <br /> <br />Prepared December 10, 1991 <br />By SPRINGSTED Incorporated <br /> <br />Total Capital- Net <br />Pr±nc±pal £zed Levy 105% <br />Interest & Interest Interest Required of Total <br /> (5) (6) (7) (8) (9) <br /> <br />I 1991 1993 0 0.00% 71,675 71,675 <br /> 1992 1994 0 0.00% 71,675 71,675 <br /> 1993 1995 1,525,000 4.70% 71,675 1,596,675 <br /> <br />IOTALS: 1,525,000 215,025 1,740,025 <br /> <br />50,000 21,675 22,759 <br />0 71,675 75,259 <br />0 1,596,675 1,676,509 <br /> <br />50,000 1,690,025 1,774,527 <br /> <br /> ;ond Years: 4,575.00 Annual Interest: 215,025 <br /> Avg. Maturity: 3.00 Plus Discount: 13,725 <br />i~vg. Annual Rate: 4.700% Net Interest: 228,750 <br /> ' [.C. Rate: 5.027% N.[.C. Rate: 5.000% <br /> <br />i nterest rates are est±mates; changes may cause significant alterations of this schedule. <br /> 'he actual underwrlter's discount bid may also vary. <br /> <br />Page 7 <br /> <br /> <br />
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