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Res. #19-036 - Calling for the Redemption of the Outstanding G.O. Imp. Refunding Bonds, Series 2015A
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Res. #19-036 - Calling for the Redemption of the Outstanding G.O. Imp. Refunding Bonds, Series 2015A
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12/19/2019 10:43:17 AM
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NOTICE OF CALL FOR REDEMPTION <br /> GENERAL OBLIGATION IMPROVEMENT REFUNDING BONDS, SERIES 2015A <br /> DATED: JANUARY 15,2015 <br /> CITY OF CENTERVILLE,MINNESOTA <br /> NOTICE IS HEREBY GIVEN that by order of the City Council of the City of Centerville, Minnesota, <br /> there have been called for redemption and prepayment on <br /> FEBRUARY 1,2020 <br /> those outstanding bonds of the City designated as General Obligation Improvement Refunding Bonds, <br /> Series 2015A, dated January 15, 2015, maturing or subject to mandatory redemption in the years 2021 <br /> through 2025, inclusive,totaling$980,000 in principal amount and with the following CUSIP numbers: <br /> Maturity Principal Amount CUSIP <br /> 2021 $190,000 152222LP8 <br /> 2022 190,000 152222LQ6 <br /> 2023 200,000 152222LR4 <br /> 2024 200,000 152222LS2 <br /> 2025 200,000 152222LT0 <br /> The bonds are being called for redemption at a price of 100% of their principal amount plus accrued <br /> interest to February 1, 2020, on which date all interest on said bonds will cease to accrue. Holders of the <br /> bonds hereby called for redemption are requested to present their bonds for payment to Northland Trust <br /> Services, Inc., 150 South 5th Street, Suite 3300, Minneapolis, Minnesota 55402, on or before February 1, <br /> 2020. <br /> Dated: December 11, 2019 <br /> BY ORDER OF THE CITY COUNCIL <br /> /s/Mark Statz <br /> City Administrator <br /> Important Notice: In compliance with the Economic Growth and Tax Relief reconciliation Act of 2001, <br /> federal backup withholding tax will be withheld at the applicable backup withholding rate in effect at the <br /> time of the payment by the redeeming institutions if they are not provided with your social security <br /> number or federal employer identification number, properly certified. This requirement is fulfilled by <br /> submitting a W-9 Form,which may be obtained at a bank or other financial institution. <br /> Additional Information may be obtained from: <br /> NORTHLAND SECURITIES,INC. <br /> 150 South 5th Street, Suite 3300 <br /> Minneapolis,Minnesota 55402 <br /> Attn: Public Finance <br /> Phone: 612-851-5900 or 800-851-2920 <br />
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