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CC RES 12-040 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE PAYMENT OF $9,495,000 GENERAL OBLIGATION BONDS, SERIES 2012A
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CC RES 12-040 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE PAYMENT OF $9,495,000 GENERAL OBLIGATION BONDS, SERIES 2012A
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RES 2012
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CC RES 12-040 RESOLUTION AUTHORIZING ISSUANCE, AWARDING SALE, PRESCRIBING THE FORM AND DETAILS AND PROVIDING FOR THE PAYMENT OF $9,495,000 GENERAL OBLIGATION BONDS, SERIES 2012A
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BID TABULATION <br /> $9,660,000'` General Obligation Bonds, Series 2012A <br /> CITY OF ST. ANTHONY, MINNESOTA <br /> SALE: March 27, 2012 <br /> AWARD: BAIRD <br /> RATING: Standard & Poor's Credit Markets"AA" BBI: 4.01% <br /> NET TRUE <br /> NAME OF BIDDER MATURITY RATE REOFFERING PRICE INTEREST INTEREST <br /> (February 1) YIELD COST RATE <br /> BAIRD 2013 2.000% 0.300% $9,793,160.55 $1,321,265.20 1.9265% <br /> Milwaukee, Wisconsin 2014 2.000% 0.450% <br /> C.L. King &Associates 2015 2.000% 0.650% <br /> Coastal Securities, Inc. 2016 2.000% 0.900% <br /> SAMCO Capital Markets 2017 2.000% 1.100% <br /> Loop Capital Markets 2018 2.000% 1.400% <br /> Edward D.Jones&Co. 2019 2.000% 1.550% <br /> Cronin&Co., Inc. 2020 2.000% 1.700% <br /> Kildare Capital 2021 2.000% 1.900% <br /> Crews&Associates, Inc. 2022 2.050% 2.050% <br /> Davenport&Co. L.L.C. 2023 2.200% 2.200% <br /> Wedbush Securities Inc. 2024 2.300% 2.300% <br /> Country Club Bank 2025** 2.550% 2.550% <br /> Advisors Asset Management 2026** 2.550% 2.550% <br /> Ross, Sinclaire&Associates, LLC 2027*** 2.750% 2.750% <br /> Northland Securities, Inc. 2028*** 2.750% 2.750% <br /> CastleOak Securities, L.P. <br /> Vining-Sparks IBG, Limited Partnership <br /> *Subsequent to bid opening the issue size was decreased to$9,495,000. <br /> Adjusted Price-$9,623,123.10 Adjusted Net Interest Cost-$1,319,256.72 Adjusted TIC- 1.9351% <br /> **$315,000 Term Bond due 2026 with mandatory redemption in 2025 (Adjusted amount of$320,000) <br /> ***$335,000 Term Bond due 2028 with mandatory redemption in 2027 <br /> wmehlers-inc.com <br /> E H L E R S Minnesota phone 651-697-8500 3060 Centre Pointe Drive <br /> LEADERS IN PUBLIC FINANCE Offices also in Wisconsin and Illinois fax 651-697-8555 Roseville,MN 55113-1122 <br />
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