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05-27-2003 Council Packet
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05-27-2003 Council Packet
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‘i <br />BID TABULATION <br />$885,000 General Obligation Sewer Improvement Refunding Bonds, Series 2003A <br />CITY OF ORONO, MINNESOTA <br />SALE: May 27,2003 <br />AWARD: UNITED BANKERS BANK <br />' <br />i <br />RATING: Moody’s Investors Service ‘Aal BBI: 4.30% <br />NET TRUE <br />NAME OF BIDDER MATURITY <br />(Febniaiy 1) <br />RATE REOFFERINO <br />YIELD <br />PRICE INTEREST <br />COST <br />INTEREST <br />RATE <br />UNITED BANKERS BANK 2004 1 100%1 100%$881,681 25 $41,158 33 1.7705% <br />Bloomington, Minnesota 2005 1100%1 100% <br />2006 1.300%1 300% <br />2007 1.700%1.700% <br />2006 2.000%2.000% <br />UMB BANK. N A 2004 1.100%$882.433 50 $42,846 92 18423% <br />Kansas City, Missouri 2005 1.250% <br />2006 1.500% <br />2007 1.800% <br />2008 2.050% <br />CRONIN & COMPANY. INC 2004 2.000%$893.982 90 $43.27960 1.8441% <br />Minrteapolis. Minnesota 2005 2.000% <br />2006 2.000% <br />2007 2,250% <br />2008 2.500% <br />COMMERCE BANK. N A 2004 1.100%$880.44225 $43.566 29 1.8762% <br />Kansas City, Missouri 2005 1.200% <br />2006 1.350% <br />2007 1.800% <br />2008 2.000% <br />U S BANCORP PIPER JAFFRAY 2004 2.000% $885,000.00 $46.525 00 1.9996% <br />Minneapolis, Minnesota 2005 2.000% <br />WELLS FARGO BROKERAGE SERVICES LLC 2006 2.000% <br />Minneapolis. Minnesota 2007 2.000% <br />2008 2.000% <br />ROBERT W. BAIRD & COMPANY. INC.2004 2.000% $888.620 50 $47,610.75 2.0383% <br />Milwaukee, Wisconsin 2005 2 000% <br />2006 2.000% <br />2007 2.250% <br />2008 2.375% <br />LEAD £ R S IN P U B L 1 C F 1 N A N C €EHLERS <br />A ASSOCIATES INC <br />3060 Centre Pointe Drive. Roseville, UN 55113-1105 <br />651 697.8500 fai 651.697 8555 www ehlers-inc.com <br />Offices in Rose¥iH§. UN. Brockfietd, Wt and Neperviffe, IL
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