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<br />~ <br /> <br />! \ <br /> <br />Public Improvements: <br /> <br />i; <br /> <br />Redevelopment Cost <br /> <br />Various Public Improvements <br />Total Underwriter's Discount (1.100%) <br />Costs of Issuance <br />Rounding Amount <br /> <br />Total Issue <br /> <br />$1,795,000 <br />20,075 <br />10,580 <br />(655) <br />$1,825,000 <br /> <br />it is necessary and expedient to the sound financial management of the <br />affairs of the City to issue $1,825,000 General Obligation Tax Increment <br />Bonds, Series 2001B (Bonds) to provide financing for the Costs. <br /> <br />: 2. In order to provide financing for the Costs, the City will therefore issue and sell <br />Bon~ in the amount of $1,804,925. In order to provide in part the additional interest required to <br />market the Bonds at this time, additional Bonds will be issued in the amount of $20,075. The <br />exc~s of the purchase price of the Bonds over the sum of $1,804,925 will be credited to the debt <br />servi~e fund for the Bonds for the purpose of paying interest first coming due on the additional <br />Bon~. The Bonds will be issued, sold and delivered in accordance with the terms of the <br />following Terms of Proposal: <br /> <br />(e) <br /> <br />i; <br /> <br />! <br /> <br />. , <br />SJB-191!468vl <br />NE136~!66 <br />