Laserfiche WebLink
<br />~ FILE No.673 08/09 '06 10:56 <br /> <br /> <br />-:-. <br /> <br />ID:NORTH_AMER_CAPL <br /> <br />FAX:7634174849 <br /> <br />PAGE <br /> <br />V 1 <br /> <br />BID FORM <br /> <br />The City Council <br />Cily of Cenlerville. Minnesota <br /> <br />August 9. 2006 <br /> <br />RE: <br />DATED: <br /> <br />$ 2.700,000 General Obligation Improvement Bonds, Series 2006A <br />September 1 , 2006 <br /> <br />For all or nQ,.M of the above Bonds, in accordance with the Official Terms of Offering. we will pay you <br />$ Z( b,Z::; 7dC), 0 c:\ . (not less than $ 2.647.500) plus accrued interest on the lotal principal of $2,700,000 to <br />the date of delivery for (ully registered Bonds, provided that the Bonds bear the following interest rates: <br /> <br />Year Amount Rate Year AmounL. Rate Year Amount Rate . ~ ---- <br />2009 $ 135,000 3-( % 2014 $ 175,000 3-'1 S % 2019 $ 220,000 4.1r'% <br />2010 $ 145.000 3,7S"" % 2015 $ 185,000 ) <f.. UcJ %, 2020 $ 235,000 V_La % <br />2011 $ 150.000 3,8 % 2016 $ 195,000 ~% 2021 $ 250,000 j~'.....~% <br />2012 $ 160,000 ~,.6~ % 2017 $ 205,000 <1- oil;. % 2022 $ 260,000 V~.:2L% <br />2013 $ 170.000 ~:...q d % 2018 $ 215,000 Y - I ()S% <br /> <br />The Bonds mature on MarCh 1 in each of the years as indicated above and interest is payable March 1 and September 1 in each year, <br />commencing March 1, 2007. <br /> <br />According to owr compulations (the correct computation being controlling in the award) the total net int~r.est cost of the above bid is $ <br />I f 110 1 55 EJ. '7 S-- and the average net effective interest rate is <..f" R q r %. <br /> <br />We enclOSe our good faith deposit or guarantee by Financial Surety Bond in the amount $ 52,500.00. to be held by you pending <br />delivery and payment. If our bid is not accepted, said deposit shall be promptly returned to us. This bid is for prompt acceptance and is <br />conditional upon delivery of said Bonds to us or to a named registrar within 40 days from date hereof. or thereafter at our option, <br /> <br />By: <br /> <br />In conjunction with making this offer, we have received and reviewed the Official Statement, accept its terms and conditions, and have <br />submitted our requests for additional information or correclions to the Official Statement. As Syndicate Manager, we agree to provide <br />the issuer with the reoffering price of lhe Bonds within 24 hOurs of the bid acceptance. <br /> <br />~_~~>~ ~,I.IMU-J <br />71 >- Lf/7--t/&5-~ <br />/~3' ~I /...1..('6'19 <br /> <br />Account Manager: <br /> <br />Telephone No. <br /> <br />Fax No, <br /> <br />-~ <br /> <br />The foregoing offer is hereby accepted by and on behalf of the City Council of the City of Centerville, Minnesota the <br />day of August 2006, <br /> <br />By <br /> <br />Mayor <br /> <br />Attest: <br /> <br />Teresa Bender <br />City Clerk 1-651-429-3232 Phone Number 1-651-429-8629 Fax <br /> <br />Good faith deposit received (for return to bidder) <br /> <br />CITY OF CENTERVILLE <br /> <br />JOHN W. MEYER <br /> <br />PAGE 19 of 20 <br />