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2016-145 Council Resolution
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2016-145 Council Resolution
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6/14/2017 11:59:59 AM
Creation date
6/12/2017 2:01:19 PM
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City Council
Council Document Type
Resolutions
Meeting Date
10/24/2016
Council Meeting Type
Regular
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Bidder <br />UMB BANK, N.A. <br />Interest Net Interest True Interest <br />Rates Price Cost Rate <br />2.00% 2018-2023 $1,471,688.00 $138,858.67A—N. <br />1.6397 <br />2.50% 2024-2027 <br />REOFFERING SCHEDULE OF THE PURCHASER <br />Rate <br />Year Yield <br />2.00% 2018 0.90% <br />2.00% 2019 1.00% <br />2.00% 2020 1.10% <br />2.00% 2021 1.15% <br />2.00% 2022 1.25% <br />2.00% 2023 1.35% <br />2.00% 2024 1.45% <br />2.00% 2025 1.55% <br />2.00% 2026 1.65% <br />2.00% 2027 1.75% <br />BBI: 3.28% <br />Average Maturity: 5.805 Years <br />
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