|
<br />:::""'""' ,v"'
<br />
<br />
<br />
<br />;::
<br />
<br />.1.1:.1tl 1"AA. tl.1<: JJ( :>~HS
<br />
<br />CKUl'IlJ'< CUJ\1i' Al'II Y
<br />
<br />l{!JUUl
<br />
<br />:'
<br />
<br />BID FORM
<br />
<br />-'
<br />
<br />The City Council
<br />City of CsntelViIIs, Minnesota
<br />
<br />August 9, 2006
<br />
<br />,./
<br />
<br />./
<br />
<br />RE:
<br />DATED:
<br />
<br />$ 2,700,000 General Obligation Improvement Bonds, Series 2006A
<br />September 1, 2006
<br />
<br />./
<br />
<br />-'
<br />
<br />For all or none of the above Bonds~accordance with the Official Terms of Offering, we will pay you
<br />$ 2..l ron< z. 'fl.o" <.{, , (not less than $ 2.647.500) plus accrued interest on the total principal of $2,700,000 to
<br />the date of delivery for fully registered Bonds, provided th(ilt the Bonds bear the following interest rates:
<br />
<br />./
<br />
<br />.-'
<br />
<br />Year Amount Rate Year Arnount Rate Year Amount Rate
<br />2009 $ 135,000 Y-l'10 % 2014 $ 175,000 <(, uo % 2019 $ 220,000 <1- 2"'- %
<br />2010 $145,000 Y...c.U % 2015 $ 185,000 :;~(/() % 2020 . $ 235,000 V ~:>\...... %
<br />2011 $ 150,000 \?_OlJ % 2016 $ , 95,000 -f() % 2021 $ 250,000 V-V%~~
<br />2012 $ 160,000 I{,oo % 2017 $ 205,000 V-I() % 2022 $ 260,000 % e~
<br />2013 $.170,000 r- C;() % 2018 $ 215,000 \/.-,/\- %
<br />The Bonds malure 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 />-'
<br />
<br />/
<br />
<br />./
<br />
<br />.../
<br />
<br />-.'
<br />
<br />Acccrding to our com[lutations (the correct computation being controlllng in the award) the tolal net int!3r;est cost of the above bid is $
<br />( ( (V 8 I (1 (p (0 ,. 0 r and the average net effective interest rate is Y - 3 'I ~"2, %.
<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 />~.
<br />
<br />../
<br />
<br />I
<br />.......
<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 corrections to the Official Statement As Syndicate Manager, we agree to provide
<br />the issuer with the reoffering price ofthe Bonds within 24 houl'3 of the bid acceptance.
<br />
<br />()y-o-n I ~ Y 4/
<br />
<br />
<br />'?rJ-.~~ -
<br />
<br />(;;7/J.-'j~"/ j<? Icf
<br />
<br />By:
<br />
<br />./
<br />
<br />/,
<br />
<br />-'
<br />~
<br />
<br />Account Manager:
<br />
<br />J.
<br />
<br />Telephone No.
<br />
<br />,
<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 CentelVille, Minnesota the
<br />day of August 2006.
<br />
<br />..-'
<br />
<br />./
<br />
<br />By
<br />
<br />Mayor
<br />
<br />.....'
<br />
<br />Attest:
<br />
<br />..,/
<br />
<br />Teresa Bender
<br />City Clerk 1-651-429-3232 Phone Number 1'{)51-429-8629 Fax
<br />
<br />Good faith deposit received (for return to bidder)
<br />
<br />/'
<br />
<br /><'
<br />I',
<br />
<br />./
<br />
<br />./
<br />
<br />/
<br />
<br />,.,
<br />
<br />..-'
<br />
<br />,.,
<br />
<br />,/
<br />
<br />CITY OF CENTERVILLE
<br />
<br />JOHN W. MEYER
<br />
<br />PAGE 19 of20
<br />
<br />~
<br />
<br />~J
<br />
|