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05-27-25 - Council Meeting Agenda
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05-27-25 - Council Meeting Agenda
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9/2/2025 9:08:28 AM
Creation date
6/12/2025 9:22:19 AM
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City Council
Council Document Type
Council Packet
Meeting Date
05/27/2025
Council Meeting Type
Regular
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City of Lino Lakes, Minnesota <br />$8,665,000 General Obligation Bonds, Series 2025A <br />Issue Summary <br />Assumes Current Market BQ AA+ Rates plus 50bps <br />Total Issue Sources And Uses <br />Dated 06/30/2025 1 Delivered 06/30/2025 <br />Street <br />Utility <br />Issue <br />Reconstruction <br />Revenue <br />Summary <br />Sources Of Funds <br />Par Amount of Bonds <br />$4,495,000.00 <br />$4,170,000.00 <br />$8,665,000.00 <br />Total Sources <br />$4,495,000.00 <br />$4,170,000.00 <br />$8,665,000.00 <br />Uses Of Funds <br />Total Underwriter's Discount (1.200%) <br />53,940.00 <br />50,040.00 <br />103,980.00 <br />Costs of Issuancc <br />47,725.34 <br />44,274.66 <br />92,000.00 <br />Deposit to Project Construction Fund <br />4,389,000.00 <br />4,076,738.00 <br />8,465,738.00 <br />Rounding Amount <br />4,334.66 <br />(1,052.66) <br />3,282.00 <br />Total Uses <br />$4,495,000.00 <br />$4,170,000.00 <br />$8,665,000.00 <br />LinoLakes 2025A GO Bonds I Issue Summary 1 4/23/2025 1 9:53 AM <br />`ElHLERS <br />
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