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Agenda - Council - 12/17/1991
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Agenda - Council - 12/17/1991
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/17/1991
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I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> i <br />I <br />I <br />I <br />I <br />i <br />I <br />I <br /> <br />APPENDIX VII <br /> <br />City of Ramsey, M£nnesota <br />General ObIlgat±on Improvement Bonds, Series 1992B <br />Combined New Money and Refund£ng <br /> <br />Prepared December 10, 1991 <br />By SPRINGSTED Incorporated <br /> <br />Dated: 2- 1-1992 <br />Mature: 2~ 1 <br />First Interest: 8- 1-1992 <br /> <br />Year of Year of <br /> Levy Mat. Princ£pal <br /> (1) (2) (3) <br /> <br />Total <br />Principal 1054 <br />Rates Interest & Interest of Total <br /> (4) (5) (6) (7) <br /> <br />1991 1993 <br />1992 1994 <br />1993 1995 <br />1994 1996 <br />1995 1997 <br />1996 1998 <br />1997 1999 <br />1998 2OOO <br />1999 2001 <br /> <br />145 000 <br />140 000 <br />100 000 <br />90 000 <br />30 000 <br />30 000 <br />30 000 <br />30000 <br />25 000 <br /> <br />4.30% 29,575 174,575 <br />4.50% 23,340 163,340 <br />4.70% 17,040 117,040 <br />4.90% 12,340 102,340 <br />5.10% 7,930 37,930 <br />5.304 6,400 36,400 <br />5.504 4,810 34,810 <br />5.704 3,160 33,160 <br />5.804 1,450 26,450 <br /> <br />183,304 <br />171 507 <br />122 892 <br />107 457 <br />39,827 <br />38 220 <br />36 551 <br />34,818 <br />27,773 <br /> <br />TOTALS: <br /> <br />620,000 106,045 726,045 762,349 <br /> <br />Bond Years: <br />Avg. Maturity: <br />Avg. Annual Rate: <br />T.I.C. Rate: <br /> <br />2,090.00 Annual Interest: 106,045 <br />3.37 Plus Discount: 6,820 <br />5.0744 Net Interest: 112,865 <br />5.4184 N.I.C. Rate: 5.4004 <br /> <br />Interest rates are estimates; changes may cause significant <br /> aIterat£ons of th~s scheduie. <br />The actuaI underwrlter's discount bid may also vary. <br /> <br />Page 20 <br /> <br /> <br />
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