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2004.06.07 RESO 2004-0039
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2004.06.07 RESO 2004-0039
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10/26/2017 2:04:15 PM
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City Council
Document Type
Resolutions
Meeting Date
6/7/2004
Meeting Type
Regular
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Interest Net Interest True Interest <br />Bidder Rates Price Cost Rate <br />NORTHLAND SECURITIES, INC. <br />HARRIS TRUST & SAVINGS BANK <br />FTN FINANCIAL CAPITAL MARKETS <br />ISAAK BOND INVESTMENTS, INC. <br />Bankers' Bank <br />Axelrod Associates, Inc. <br />PIPER JAFFRAY & CO. <br />3.00% <br />2006-2008 <br />3.20% <br />2009 <br />3.40% <br />2010 <br />3.60% <br />2011 <br />3.70% <br />2012 <br />3.85% <br />2013 <br />4.00% <br />2014-2015 <br />4.10% <br />2016 <br />4.20% <br />201.7 <br />4.30% <br />2018 <br />4.40%-2019 <br />3.70% <br />4.50% <br />2020 <br />3.00% <br />2006-2007 <br />3.75% <br />2008-2010 <br />4.00% <br />2011-2013 <br />4.20% <br />2014-2016 <br />4.30% <br />2017-2018 <br />4.50%. <br />2019-2020 <br />3.50% <br />2006-2010 <br />3.75% <br />2011-2012 <br />3.80% <br />2013 <br />3.90% <br />2014 <br />4.00% <br />2015 <br />4.10% <br />2016 <br />4.20% <br />2017 <br />4.30% <br />2018 <br />4.40% <br />2019 <br />4.50% <br />2020 <br />$2,521,856.00. $995,252.54 <br />$2,548,927.10 $1,003,238.32 <br />$2,524,617.55 $1,000,636.83 <br />REOFFERING SCHEDULE OF THE PURCHASER <br />Rate <br />Year <br />Yield <br />2.25% <br />2006 <br />2.10% <br />2.75% <br />2007 <br />2.50% <br />3.00% <br />2008 <br />2.85% <br />3.25% <br />2009 <br />3.15% . <br />3.50% <br />2010 <br />3.35% <br />3.70% <br />2011 <br />3.55% <br />3.70% <br />2012 <br />Per <br />3.80% <br />2013 <br />Par <br />3.90% <br />2014 <br />Par <br />4.00% <br />2015 <br />Par <br />4.00% <br />2016 <br />4.10% <br />4.20% <br />2017 <br />Par <br />4.25% <br />2018 <br />4.30% <br />4.40% <br />2019 <br />Par <br />4.50% <br />2020 <br />Par <br />4,2317% <br />4.2440% <br />4.2577% <br />BBI: 5.03% <br />Average Maturity: 9.216 Years <br />
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