My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
92-080
NewBrighton
>
Council
>
Resolutions
>
Resolutions 1992
>
92-080
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/4/2005 3:40:58 PM
Creation date
8/4/2005 1:14:15 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
7
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />..! It <br /> <br />4. <br /> <br />Project Desi~nation & Description: <br /> <br />Total <br />Project Cost <br /> <br />Total <br /> <br />$ 84,000.00 <br />380,700.00 <br />15,350.00 <br />12,970.00 <br />(2,970.00) <br />$490,050.00 <br />4,950.00 <br /> <br />$495,000.00 <br /> <br />Oakwood Drive Storm Sewer <br />Wexford Phase II <br />Capitalized Interest <br />Costs of Issuance <br />Less Investment Earnings <br />Subtotal <br />Discount <br /> <br />(b) it is necessary and expedient to the sound financial management <br />of the affairs of the City to issue $495,000 General Obligation Improvement <br />Bonds, Series 1992A (Bonds) pursuant to the Act to provide financing for the <br />Improvements. <br /> <br />2. To provide financing for the Improvements, the City will issue and sell <br />Bonds in the amount of $490,050. To provide in part the additional interest required <br />to market the Bonds at this time, additional Bonds will be issued in the amount of <br />$4,950. The excess of the purchase price of the Bonds over the sum of $490,050 will <br />be credited to the debt service fund for the Bonds for the purpose of paying interest <br />first coming due on the additional Bonds. The Bonds will be issued, sold and <br />delivered in accordance with the terms of the following Terms of Proposal: <br /> <br />SJB40490 <br />NE136-97 <br />
The URL can be used to link to this page
Your browser does not support the video tag.