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Resolution 2009-012
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Resolution 2009-012
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$1,080,000 General Obligation State Aid and Improvement Bonds, Series 2001 <br />Dated as of October 1, 2001 <br />City of Lake Elmo, Minnesota <br />NOTICE IS HEREBY GIVEN THAT there have been called for redemption and prepayment on <br />May 12, 2009, all outstanding Bonds of the above-referenced issue, dated, as originally issued, as of <br />October 1, 2001, maturing February 1 in the following years and having the interest rates listed below: <br />Maturity Amount <br />2010 <br />$55,000 <br />2011 <br />60,000 <br />2012 <br />60,000 <br />2013 <br />65,000 <br />2014 <br />65,000 <br />2017 <br />220,000 <br />*Indicates fall call. <br />CUSIP # Rate <br />4.25% <br />4.40 <br />4.50 <br />mom <br />4.80 <br />4.90 <br />The Bonds will be redeemed at a price of 100% of their principal amount plus accrued interest to the date <br />of redemption. Holders of the Bonds should present them for payment to U.S. Bank National <br />Association, St. Paul, Minnesota, successor to U.S. Bank Trust National Association, on or before said <br />date, when they will cease to bear interest, in the following manner: <br />If by Mail: <br />U.S. Bank National Association <br />Corporate Trust Operations, 3rd Floor <br />P. O. Box 64111 <br />St. Paul, MN 55164-0111 <br />If by Hand or Overnight Mail: <br />U.S. Bank National Association <br />60 Livingston Avenue <br />EP-MN-WS3C <br />Bond Drop Window, I't Floor <br />St. Paul, MN 55107 <br />In compliance with the Interest and Dividend Compliance Act of 1983 and Broker Reporting <br />Requirements, the redeeming institutions are required to withhold 31 % of the principal amount of your <br />holdings redeemed unless they are provided with your social security number or federal employer <br />identification number, properly certified. This requirement is fulfilled through the submitting of a W-9 <br />Form, which may be obtained at a bank or other financial institution. <br />Additional information may be obtained from the undersigned or from Northland Securities, Inc., 45 S. 7"' <br />St., Ste, 1900, Minneapolis, Minnesota 55402 (612-851-5900), financial consultants to the City of Lake <br />Elmo, Minnesota. <br />Dated: , 2009. <br />
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