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08-22-2016 Council Work Session Packet
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08-22-2016 Council Work Session Packet
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City of Orono, MN <br />$1,000,000 G.O. Bonds, Series 2016 <br />Assumes Current Market "AAA" Rates plus 25 bps <br />Street improvements - 10 Years <br />Sources & Uses <br />Dated 12/01/2016 1 Delivered 12/01/2016 <br />Sources Of Funds <br />Par Amount of Bonds <br />$1,000,000.00 <br />Total Sources <br />$1,000,000.00 <br />Uses Of Funds <br />Total Underwriter's Discount (1.200%) <br />12,000.00 <br />Costs of Issuance <br />30,500.00 <br />Rounding Amount <br />957,500.00 <br />Total Uses $1,000,000.00 <br />Orono - Road Projects 10 1 SINGLE PURPOSE � 8/15/2016 1 6:59 PM <br />EHLERS <br />LEADERS IN PUBLIC FINANCE <br />Orono Budget - 2017 <br />Page 1 <br />Attachment D <br />
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