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1999-061 Council Resolution
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1999-061 Council Resolution
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Last modified
2/16/2016 12:02:02 PM
Creation date
2/16/2016 10:49:44 AM
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City Council
Council Document Type
Resolutions
Meeting Date
08/24/1999
Council Meeting Type
Regular
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Bidder <br />Interest <br />Rates <br />Price <br />Net Interest <br />Cost <br />True Interest <br />Rate <br />GRIFFIN, KUBIK, STEPHENS & <br />THOMPSON, INC. <br />NORWEST INVESTMENT SERVICES, INC. <br />4.50% 2002 <br />4.60% 2003-2004 <br />4.70% 2005 <br />4.80% 2006 <br />4.30% 2002 <br />4.50% 2003 <br />4.60% 2004 <br />4.70% 2005 <br />4.80% 2006 <br />$1,719,531 75 $366,290 33 <br />$1,713,270 00 $369,860 83 <br />4.7417°/ <br />4.7972% <br />REOFFERING SCHEDULE OF THE PURCHASER <br />Rate <br />4.25% <br />4.375% <br />4.50% <br />4.60% <br />4.70% <br />Subsequent to bid opening, the issue size was not changed. <br />Year <br />2002 <br />2003 <br />2004 <br />2005 <br />2006 <br />Yield <br />4.20% <br />4.30% <br />4.45% <br />Par <br />Par <br />BBI: 5.65% <br />Average Maturity: 4.47 Years <br />
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