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2021.08.02 CC Packet
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2021.08.02 CC Packet
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9/16/2021 3:18:47 PM
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9/16/2021 3:15:21 PM
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City Council
Document Type
Agenda/Packets
Meeting Date
8/2/2021
Meeting Type
Regular
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Page 5 <br /> <br />Preliminary <br />$8,380,000 <br />City of Hugo, Minnesota <br />General Obligation Tax Abatement Bonds, Series 2021A <br />Sources & Uses <br /> Dated 10/07/2021 | Delivered 10/07/2021 <br />Sources Of Funds <br />Par Amount of Bonds..............................................................................................................................................$8,380,000.00 <br />Reoffering Premium.................................................................................................................................................421,310.35 <br /> <br />Total Sources........................................................................................................................................................$8,801,310.35 <br />Uses Of Funds <br />Deposit to Project Construction Fund......................................................................................................................$8,650,000.00 <br />Total Underwriter's Discount (1.100%)..................................................................................................................92,180.00 <br />Costs of Issuance...................................................................................................................................................57,330.00 <br />Rounding Amount....................................................................................................................................................1,800.35 <br />Total Uses..............................................................................................................................................................$8,801,310.35 <br />2021A GO Tax Abatement Bo | SINGLE PURPOSE | 7/23/2021 | 9:39 AM <br />
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