10/03/1988 Council Minutes - Laserfiche WebLink

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288 prA SPRINGS-TED w PUBLIC FINANCE ADVISORS 85 East Seventh Place. Suite 100 Saint Paul. Minnesota 55101-2143 612- 223.3000 Fax 612- 2233002 AWARD: SALE: $1,160,000 CITY OF LINO LAKES, MINNESOTA GENERAL OBLIGATION IMPROVEMENT BONDS, SERIES I 988A SHEARSON LEHMAN HUTTON, INC. PRUDENTIAL BACHE SECURITIES INCORPORATED DEAN WITTER REYNOLDS INCORPORATED - And Associate - October 3, 1988 Moody's Rating: Baa 1 Bidder Interest Rates Price SHEARSON LEHMAN HUTTON, INC. PRUDENTIAL -BACHE SECURITIES INCORPORATED DEAN WITTER REYNOLDS INCORPORATED PaineWebber Incorporated FIRST BANK NATIONAL ASSOCIATION FBS CAPITAL MARKETS GROUP NORWEST INVESTMENT SERVICES INCORPORATED Miller & Schroeder Financial, Incorporated CRONIN & COMPANY, INCORPORATED SMITH BARNEY, HARRIS UPHAM & Company Incorporated Marquette Bank Minneapolis, N.A. Robert W. Baird & Company, Incorporated PIPER, JAFFRAY & HOPWOOD INCORPORATED Allison - Williams Company American National Bank Saint Paul Moore, Juran and Company, Incorporated Summit Investment Corporation 6.00% 6. I5% 6.30% 6.40% 6.50% 6.60% 6.70% 6.80% 6.10% 6.20% 6.30% 6.45% 6.60% 6.70% 6.80% 6.90% 6.10% 6.20°,6 6.30% 6.45% 6.60% 6.70% 6.80% 6.90% 6.10% 6.25% 6.30% 6.50% 6.60% 6.70% 6.80% 6.90% 990 $1,144,062.28 991 992 993 994 995 996 997 Net Interest Cost & Rate $413,092.72 (6.8430 %) 990 $1,147,240.00 $415,035.83 991 (6.8752 %) 992 993 994 995 996 997 990 $1,146,080.00 $416,195.83 991 (6.8944 %) 992 993 994 995 996 997 990 $1,146,196.00 $416,545.67 991 (6.9002 %) 992 993 994 995 996 997 (Continued)