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2021-043 Council Resolution
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2021-043 Council Resolution
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Last modified
11/5/2021 11:01:41 AM
Creation date
5/11/2021 3:07:34 PM
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City Council
Council Document Type
Resolutions
Meeting Date
05/10/2021
Council Meeting Type
Regular
Resolution #
21-43
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$1,815,000 <br />City of Lino Lakes, Minnesota <br />General Obligation Street Reconstruction Bonds, 2021A <br />Issue Summary <br />Sources &Uses <br />Dated 07/15/2021 I Delivered 07/15/2021 <br />Sources Of Funds <br />Par Amount of Bonds. <br />$1,815,000.00 <br />TotalSources.................................................................................................................................................... <br />$1,8153000.00 <br />Uses Of Funds <br />Deposit to Project Construction Fund..,,.". ... .............. & ..... & ............. 0 0 ........... . 0. * 6 * . - . b .... I..Ip ................... 1,750,000.00 <br />Costsof Issuance................................................................................................................................................ 387675.00 <br />Total Underwriter's Discount(0.800%)................................................................................................................... 147520.00 <br />Deposit to Capitalized Interest (CIF) Fund.......................................................................................................6....... 10,524.11 <br />RoundingAmount................................................................................................................................................. 1,280.89 <br />TotalUses.......................................................................................................................................................... $1,815,000.00 <br />2021A GO Bonds 10 Yrs 4.2 I SINGLE PURPOSE 14/212021 112:42 PM <br />� baket'ttlEg� <br />MUNICIPAL ADVISORS <br />Page 4 <br />
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