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06-23-25 - City Council Agenda
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06-23-25 - City Council Agenda
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7/1/2025 9:40:34 AM
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7/1/2025 9:33:47 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/23/2025
Council Meeting Type
Regular
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Final Results <br />• Low bid from Piper Sandler & Co., Minneapolis, Minnesota <br />• Total Principal resized to $8,090,000 <br />✓ Reduction of $575,000 <br />✓ Reflects low bid 's reoffering premium and final issuance costs <br />• 2025A Bonds Final True Interest Cost calculation: 3.6885% <br />✓ Better than Presale estimate of 4.2683% <br />jg�EHLERS <br />PUBLIC FINANCE ADVISORS <br />Page 77 of 142 <br />
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