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Agenda - Council - 02/10/2015
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Agenda - Council - 02/10/2015
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Last modified
3/17/2025 3:59:46 PM
Creation date
5/14/2015 2:43:51 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
02/10/2015
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City of Ramsey, Minnesota <br />$1,235,000 General Obligation Bonds, Series 2015 <br />Assumes Current Market BQ AA+ Rates plus 25bps <br />10 Years <br />Sources & Uses <br />Dated 05/01/20151 Delivered 05/01/2015 <br />Sources Of Funds <br />Par Amount of Bonds $1,235,000.00 <br />Planned Issuer Equity contribution 410 000.00 <br />_. ....._ -- __ <br />City Cash for Cap22,536.04italized Interest ----' <br />... __.--_-.... ...87,463.96 <br />Additional source of funds 1 ____...._...._—_..__ 3_- 6 <br />Total Sources <br />$1,755,000.00 <br />_—.._.._ <br />Uses Of Funds <br />Total Underwriter's Discount (1.200%) 14,820.00 <br />Costs of Issuance 36,000.00 <br />__. __... <br />Deposit to Capitalized Interest (CIF) Fund 22536.04 <br />-- -- <br />Deposit to Project Construction Fund 1680,10 00. <br />43.9 <br />Rounding Amount "" 1,5 5 <br />6 <br />51,755,000.00 <br />Total Uses <br />2015 GO Street Reconstruc 1 SINGLE PURPOSE 1 2/ 2/2015 1 12:57 PM <br />S <br />L <br />LEADERS IN PUBLIC FINANCE <br />
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