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1988-075 Council Resolution
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1988-075 Council Resolution
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Last modified
10/31/2014 2:23:31 PM
Creation date
10/31/2014 1:55:42 PM
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City Council
Council Document Type
Master List Resolution
Meeting Date
10/03/1988
Council Meeting Type
Regular
Resolution #
88-075
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LINO,,LAKES, MINNESOTA <br />G 0 TEMPORARY IMPROVEMENT BONDS, 1988B <br />PO ALE DEBT SERVICE <br />Prepared October 3, 1988 <br />By SPRINGSTED Incorporated <br />Bond Date: 10/ 1/1988 <br />Sale Date: 10/ 3/1988 <br />Issue Size: $610,000 <br />Date Principal Rate Interest Total <br />4/ 1/1989 18,910.00 18,910.00 <br />10/ 1/1989 18,910.00 18,910.00 <br />4/ 1/1990 18,910.00 18,910.00 <br />10/ 1/1990 18,910.00 18,910.00 <br />4/ 1/1991 18,910.00 18,910.00 <br />10/ 1/1991 610,000 6.200 18,910.00 628,910.00 <br />TOTALS $610,000 $113,460.00 $723,460.00 <br />Discount (plus) $4,270.00 <br />Net Interest Cost $117,730.00 <br />Interest rounded on individual $ 5,000 denominations <br />• <br />
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