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10/22/2012 Council Packet
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10/22/2012 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
10/22/2012
Council Meeting Type
Regular
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AWARD: <br />SALE: <br />EXHIBIT A <br />PROPOSALS <br />Springsted <br />Springsted Incorporated <br />380 Jackson Street, Suite 300 <br />Saint Paul, MN 55101-2887 <br />TeL 651-223-3000 <br />Fax: 651-223-3002 <br />Email advisorsespringsted.com <br />worm spnngsted.com <br />$2,030,00Cta <br />CITY OF LINO LAKES, MINNESOTA <br />GENERAL OBLIGATION BONDS, SERIES 2012A <br />(BOOK ENTRY ONLY) <br />UNITED BANKERS' BANK <br />October 22, 2012 <br />Moody's Rating: Aa2 <br />Bidder <br />Interest <br />Rates <br />Price <br />Net Interest True Interest <br />Cost Rate <br />UNITED BANKERS' BANK <br />UMB BANK, N.A. <br />412159v2 SJB L1\1140-108 <br />040¼ 2014-2015 <br />0.50% 2016 <br />065% 2017 <br />0.80% 2018 <br />1.00% 2019 <br />1.15% 2020 <br />1.30% 2021 <br />1.40% 2022 <br />155¼ 2023 <br />1.65% 2024 <br />0.50% 2014-2015 <br />0 60% 2016 <br />0.75% 207 <br />0.90% 2018 <br />1,05% 2019 <br />1.20% 2020 <br />1.35% 2021 <br />1.50% 2022 <br />1.60% 2023 <br />1.75% 2024 <br />A-1 <br />$2,017,820 00 <br />82.015,567.00 <br />$158.169.08 1.2620% <br />8170,099.64 13584% <br />(Continued) <br />Public Sector Advisors <br />
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