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1992-042 Council Resolution
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1992-042 Council Resolution
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Last modified
1/25/2016 1:40:56 PM
Creation date
1/25/2016 1:30:55 PM
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City Council
Council Document Type
Resolutions
Meeting Date
03/23/1992
Council Meeting Type
Regular
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AWARD: <br />SPRINGSTED <br />PUBLIC FINANCE ADVISORS <br />Home Office <br />85 East Seventh Place <br />Suite 100 <br />Saint Paul, MN 55101-2143 <br />(612) 223-3000 <br />Fax: (612) 223-3002 <br />222 South Ninth Street <br />Suite 2825 <br />Minneapolis, MN 55402-3368 <br />(612) 333-9177 <br />Fax: (612) 333-2363 <br />16655 West Bluemound Road <br />Suite 290 <br />Brookfield, WI 53005-5935 <br />(414) 782-8222 <br />Fax: (414) 782-2904 <br />6800 College Boulevard <br />Suite 600 <br />Overland Park, KS 6621 1-1 533 <br />(913) 345-8062 <br />Fax: (913) 345-1770 <br />$1,060,000 <br />CITY OF LINO LAKES, MINNESOTA <br />GENERAL OBLIGATION WATER REVENUE BONDS, SERIES 1992B <br />PIPER, JAFFRAY & HOPWOOD INCORPORATED <br />And Associates <br />- In Association With - <br />FBS INVESTMENT SERVICES, INC. <br />NORWEST INVESTMENT SERVICES, INCORPORATED <br />SALE: March 23, 1992 <br />Moody's Rating: Baa <br />Bidder <br />Interest <br />Rates <br />Price <br />Net Interest True Interest <br />Cost Rate <br />PIPER, JAFFRAY & HOPWOOD <br />INCORPORATED <br />American National Bank Saint Paul <br />Juran & Moody, Incorporated <br />Miller, Johnson & Kuehn, Inc. <br />Craig-Hallum, Incorporated <br />Moore, Juran and Company, <br />Incorporated <br />- In Association With - <br />FBS INVESTMENT SERVICES, INC. <br />NORWEST INVESTMENT SERVICES, <br />INCORPORATED <br />4.50% 1994 <br />5.10% 1995 <br />5.25% 1996 <br />5.50% 1997 <br />5.75% 1998 <br />6.00% 1999 <br />6.15% 2000 <br />6.30% 2001 <br />6.40% 2002 <br />6.50% 2003 <br />6.60% 2004 <br />6.70% 2005-2006 <br />6.80% 2007-2008 <br />$1,044,100.00 $728,076.67 6.6720% <br />These Bonds are being reoffered at par. <br />BBI: 6.79 <br />Average Maturity: 10.32 Years <br />
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