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CC RES 12-093 RESOLUTION RELATING TO $1,400,000 GENERAL OLIGATION WATER AND SEWER REFUNDING BONDS, SERIES 2013A; AWARDING THE SALE, FIXING THE FORM AN DETAILS AND PROVIDING FOR THE SECURITY THEREFOR AND LEVYING AS VALOREM TAXES FOR THE PAYMENT THEREOF
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CC RES 12-093 RESOLUTION RELATING TO $1,400,000 GENERAL OLIGATION WATER AND SEWER REFUNDING BONDS, SERIES 2013A; AWARDING THE SALE, FIXING THE FORM AN DETAILS AND PROVIDING FOR THE SECURITY THEREFOR AND LEVYING AS VALOREM TAXES FOR THE PAYMENT THEREOF
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RES 2012
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CC RES 12-093 RESOLUTION RELATING TO $1,400,000 GENERAL OLIGATION WATER AND SEWER REFUNDING BONDS, SERIES 2013A; AWARDING THE SALE, FIXING THE FORM AN DETAILS AND PROVIDING FOR THE SECURITY THEREFOR AND LEVYING AS VALOREM TAXES FOR THE PAYMENT THEREOF
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BID TABULATION <br /> $1,500,000* General Obligation Water and Sewer Revenue Refunding Bonds, Series 2013A <br /> CITY OF ST. ANTHONY, MINNESOTA <br /> SALE: December 11, 2012 <br /> AWARD: RAYMOND JAMES&ASSOCIATES, INC. <br /> RATING: Standard & Poor's Credit Markets"AA" BBI: 3.27% <br /> NET TRUE <br /> NAME OF BIDDER MATURITY RATE REOFFERING PRICE INTEREST INTEREST <br /> (February 1) YIELD COST RATE <br /> RAYMOND JAMES&ASSOCIATES, INC. 2014 2.000% 0.400% $1,543,438.95 $145,377.72 1.5102% <br /> Memphis, Tennessee 2015 2.000% 0.500% <br /> 2016 2.000% 0.600% <br /> 2017 2.000% 0.700% <br /> 2018 2.000% 0.950% <br /> 2019 2.000% 1.100% <br /> 2020 2.000% 1.300% <br /> 2021** 2.000% 1.500% <br /> 2022** 2.000% 1.500% <br /> 2023*** 2.000% 1.650% <br /> 2024*** 2.000% 1.650% <br /> BAIRD 2014 2.000% $1,522,722.90 $146,725.54 1.5386% <br /> Milwaukee, Wisconsin 2015 2.000% <br /> 2016 2.000% <br /> 2017 2.000% <br /> 2018 2.000% <br /> 2019 2.000% <br /> 2020 1.250% <br /> 2021 1.500% <br /> 2022 1.500% <br /> 2023 2.000% <br /> 2024 2.000% <br /> *Subsequent to bid opening the issue size was decreased to$1,440,000. <br /> Adjusted Price-$1,481,599.15 Adjusted Net Interest Cost-$142,140.85 Adjusted TIC- 1.5177% <br /> **$285,000 Term Bond due 2022 with mandatory redemption in 2021 (Adjusted amount of$280,000) <br /> ***$305,000 Term Bond due 2024 with mandatory redemption in 2023 (Adjusted amount of$300,000) <br /> www.ehiers-inc.com <br /> W, 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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