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10/23/2006 Council Packet
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10/23/2006 Council Packet
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5/9/2014 1:00:39 PM
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City Council
Council Document Type
Council Packet
Meeting Date
10/23/2006
Council Meeting Type
Regular
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City of Lino Lakes, Minnesota <br />$3,025,000* General Obligation Capital Improvement Plan Refunding Bonds, <br />Series 2006E <br />The Series 2006E Bonds will bear interest on February 1 and August 1, commencing <br />February 1, 2007, and will mature February 1 as follows: <br />2010 $ 85,000 <br />2011 $320,000 <br />2012 $330,000 <br />2013 $350,000 <br />2014 $355,000 <br />2015 $370,000 <br />2016 $385,000 <br />2017 $405,000 <br />2018 $425,000 <br />The City may elect on February 1, 2016, and on any day thereafter, to prepay the Series 2006E <br />Bonds due on or after February 1, 2017 at a price of par plus accrued interest. <br />$1,745,000* General Obligation Water Revenue Refunding Bonds, Series 2006F <br />The Series 2006F Bonds will bear interest on February 1 and August 1, commencing August 1, <br />2007, and will mature February 1 as follows: <br />2008 $215,000 2010 $375,000 2012 $405,000 <br />2009 $360,000 2011 $390,000 <br />The Series 2006F Bonds will not be subject to payment in advance of their respective stated <br />maturity dates. <br />Preliminary; subject to change. <br />
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