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07-14-1982 Council Agenda
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07-14-1982 Council Agenda
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c. Accountant: Johnson Bergren $ Co. - St. Paul <br />d. Anticipated Type of Offering (check) <br />Public <br />Private Placement: .Yes .. ...._ . . <br />(1) Institutional Investors X <br />(2) Individiial s <br />e. Nature of Bond Security and Revenue Agreement (check) <br />(1)" Lease and Mortgage with Guaranty X <br />(2) Loan Agreement with Nbrtgage <br />(3) Mortgage <br />(4) Other* (Specify) <br />* Please note any unique financing arrangement, e.g. letter of <br />credit, lease arrangement, unsecured loan, etc. <br />f. Bond Rating Contemplated (if appropriate) None <br />g. Proposed Term of Issue: 20 year note <br />h.. Term Bands Serial Bonds <br />i. Anticipated Interest Rates (based upon current market conditions): <br />Interest Rate Range * Interest Rate <br />(Serial Bonds) (Term Bonds) <br />. (1) 0-10 Years 13 % <br />(2) 10-15 Years <br />(3) 15 -25 Years <br />* Yield'to maturity if discount bonds are contemplated. <br />j.. Proposed Maturity Schedule and Average Maturity (Serial Bonds): <br />20 year mortgage <br />k. Proposed Sinking Fund Redemption (Term Bonds): <br />None <br />16 <br />
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