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05-10-2021 Council Packet
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05-10-2021 Council Packet
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11/4/2021 10:53:20 AM
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11/4/2021 9:07:30 AM
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City Council
Council Document Type
Council Packet
Meeting Date
05/10/2021
Council Meeting Type
Regular
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Page 4 <br /> <br /> <br />$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 | Delivered 07/15/2021 <br />Sources Of Funds <br />Par Amount of Bonds............................................................................................................................................$1,815,000.00 <br /> <br />Total Sources.....................................................................................................................................................$1,815,000.00 <br /> <br />Uses Of Funds <br />Deposit to Project Construction Fund.....................................................................................................................1,750,000.00 <br />Costs of Issuance.................................................................................................................................................38,675.00 <br />Total Underwriter's Discount (0.800%)....................................................................................................................14,520.00 <br />Deposit to Capitalized Interest (CIF) Fund...............................................................................................................10,524.11 <br />Rounding Amount.................................................................................................................................................1,280.89 <br /> <br />Total Uses...........................................................................................................................................................$1,815,000.00 <br />2021A GO Bonds 10 Yrs 4.2 | SINGLE PURPOSE | 4/21/2021 | 12:42 PM <br />
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