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4th Avenue Trunk Utilities
<br />Cedar Street Lift Station
<br />Trapper's Crossing
<br />Centennial School
<br />Pheasant Hills 7th Addition
<br />Marshan Condos
<br />500,000 3,389
<br />400,000 2,711
<br />950,000 6,438
<br />1,600,000 10,843
<br />400,000 2,711
<br />750,000 5,083
<br />Subtotal 4,600,000 31,175
<br />Less Investment Earnings
<br />Total Series 1996A Bonds
<br />6,078
<br />4,863
<br />11,549
<br />19,450
<br />4,863
<br />9,117
<br />55,920
<br />509,467
<br />407.573
<br />967,987
<br />1,630,294
<br />407,573
<br />764,200
<br />4,687,095
<br />( 2,095)
<br />4,685,000
<br />(b) it is necessary and expedient to the sound financial management
<br />of the affairs of the City to issue $4,685,000 General Obligation Improvement
<br />Bonds, Series 1996A (Bonds) pursuant to the Act to provide financing for the
<br />Improvements.
<br />2. To provide financing for the Improvements, the City will issue and sell
<br />Bonds in the amount of $4,629,080. To provide in part the additional interest
<br />required to market the Bonds at this time, additional Bonds will be issued in the
<br />amount of $55,920. The excess of the purchase price of the Bonds over the sum of
<br />$4,629,080 will be credited to the debt service fund for the Bonds for the purpose
<br />of paying interest first coming due on the additional Bonds. The Bonds will be
<br />issued, sold and delivered in accordance with the terms of the following Terms of
<br />Proposal:
<br />D31108525
<br />1,N140-51
<br />Bond
<br />Under -
<br />Project
<br />Issuance
<br />writer's
<br />Project
<br />Costs
<br />Costs
<br />Discount
<br />Total
<br />4th Avenue Trunk Utilities
<br />Cedar Street Lift Station
<br />Trapper's Crossing
<br />Centennial School
<br />Pheasant Hills 7th Addition
<br />Marshan Condos
<br />500,000 3,389
<br />400,000 2,711
<br />950,000 6,438
<br />1,600,000 10,843
<br />400,000 2,711
<br />750,000 5,083
<br />Subtotal 4,600,000 31,175
<br />Less Investment Earnings
<br />Total Series 1996A Bonds
<br />6,078
<br />4,863
<br />11,549
<br />19,450
<br />4,863
<br />9,117
<br />55,920
<br />509,467
<br />407.573
<br />967,987
<br />1,630,294
<br />407,573
<br />764,200
<br />4,687,095
<br />( 2,095)
<br />4,685,000
<br />(b) it is necessary and expedient to the sound financial management
<br />of the affairs of the City to issue $4,685,000 General Obligation Improvement
<br />Bonds, Series 1996A (Bonds) pursuant to the Act to provide financing for the
<br />Improvements.
<br />2. To provide financing for the Improvements, the City will issue and sell
<br />Bonds in the amount of $4,629,080. To provide in part the additional interest
<br />required to market the Bonds at this time, additional Bonds will be issued in the
<br />amount of $55,920. The excess of the purchase price of the Bonds over the sum of
<br />$4,629,080 will be credited to the debt service fund for the Bonds for the purpose
<br />of paying interest first coming due on the additional Bonds. The Bonds will be
<br />issued, sold and delivered in accordance with the terms of the following Terms of
<br />Proposal:
<br />D31108525
<br />1,N140-51
<br />
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