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Agenda - Council - 07/22/1980
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Agenda - Council - 07/22/1980
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4/15/2025 2:04:40 PM
Creation date
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
07/22/1980
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T ~ <br /> <br /> L~W orrlcrs <br /> <br />TALLE, HERRICK, MUNNS <br /> <br />July 14, 1980 <br /> <br />& GOODRICH <br /> <br />ANOKA, f,41NNFSOTA 55303 <br /> <br /> UNIVERSITY AVENUE N.E. <br /> <br />FRIDLEY, MINNESOTA 5543Z <br /> 571-3850 <br /> <br />MOODY'S INVESTORS SERVICE <br />99 Church Street <br />New York, New York 10007 <br /> <br />ATTENTION: <br /> <br /> Greg Clark, Municipal Section <br /> <br />City of Ramsey, Anoka county, Minnesota <br /> Bond Issue Rating <br /> <br />Dear Mr. Clark: <br /> <br />As I have discussed with you on the telephone, the City of Ramsey seeks a <br />rating for a bond issue which bonds it desires to sell on July 29, 1980. <br />The details of the bonds in summary are as follows: <br /> <br />Principal: $8?5,000 <br />Dated: September 1, 1980 <br />Interest: September 1, 1981 and semi-anuuallythereafter <br />Mature: September 1, in the years and amounts as follows: <br /> <br />Year Amount Year Amount <br /> <br />1981 $ 55,000 1986 $ 95,000 <br />1982 65,000 1987 100,000 <br />,1983 70,000 1988 105,000 <br />1984 75,000 1989' 115,000 <br />1985 80,000 1990 115,000 <br /> <br />Call Provision: None <br />Minimum Price: $860,000 <br />Good faith deposit: $17,500 <br /> <br />In order for you to do this rating, I am enclosing the following infor- <br />mation: <br /> <br />1) Anoka County Auditor's Certificate as to assessed values; <br /> <br />2) City of R~maey - General Information - Georgraphy and <br /> Demography; <br /> <br />3) Financial Statements of the City of R~m~ey for year <br /> ending December 31, 1979. <br /> <br /> <br />
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