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Resolution 4900
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04500 - 04999 (1994-1996)
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Resolution 4900
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Last modified
6/25/2019 10:15:44 AM
Creation date
1/31/2007 1:52:21 PM
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MV City Council
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Resolutions
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<br />Interest <br />Rates <br />5.60% 1997-1998 <br />5.625% 1999 <br />5.70% 2000-2002 <br />5.875% 2003 <br />6.00% 2004 <br />6.125% 2005 <br />5.85% 1997-1998 <br />5.875% 1999-2003 <br />5.90% 2004-2005 <br />5.10% 1997 <br />5.15% 1998 <br />5.30% 1999 <br />5.45% 2000 <br />5.65% 2001 <br />5.85% 2002 <br />6.05% 2003 <br />6.20% 2004 <br />6.30% 2995 <br /> <br />Price <br /> <br />Net Interest True Interest <br />Cost Rate <br /> <br />Bidder <br /> <br />.RIFFIN, KUBIK, STEPHENS & <br />. THOMPSON, INC. <br /> <br />$2,725,250.00 $881,449.90 <br /> <br />6.0780% <br /> <br />MORGAN KEEGAN & CO., INC. <br />CREWS & ASSOCIATES <br /> <br />$2,725,284.35 $882,157.00 <br /> <br />6.0930% <br /> <br />ZIONS BANK <br /> <br />$2,725,910.00 $890,108.75 <br /> <br />6.1257% <br /> <br />------------------------------------------------------------------------------------------------------------------------------------------------------------ <br /> <br />These Bonds are being reoffered at par. <br /> <br />. <br /> <br />BBI: 5.37% <br />Average Maturity: 5.30 Years <br /> <br />Subsequent to bid opening, the 1997, 1998, 1999 and 2000 maturities were increased by $5,000 each, resulting in an issue size <br />of $2,770,000. <br /> <br />. <br />
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