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2002 Resolutions
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2002 Resolutions
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1/14/2011 12:30:19 PM
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10/5/2005 1:38:37 PM
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<br />PROPOSAL FORM <br /> <br />HONORABLE CIIT COUNCIL <br />eIlY OF CENTERVILLE <br />CENTERV~LE,NITNNESOTA <br />FOR ALL OF THE $635~OOO GENERAL OBLIGATION IMPROVEMENT BONDS OF 20027 OF YOUR <br />CIIT AS DESCRIBED IN THE TERMS OF PROPOSAL~ WE WILL PAY YOU <br />DOLLARS <br />($ to 30 3 6.,. 0 0 - ) (NOT LESS THAN $626,110) PLUS <br />ACCRUED INTERESTF~OM THE DATE OF SAID BONDS TO THE DATE OF DELIVERY. <br />SAID BONDS SHALL BEAR INTEREST PAYABLE AUGUST 1, 2003~ AND SEMIANNUALLY EACH <br />FEBRUARY I AND AUGUST 1 THEREAFTER AS FOLLOWS: <br /> <br />DATED: SEPTEMBER 25, 2002 <br /> <br />3. (Jo % - 2005 3. ~ 0 % - 2007 3.30 % - 2009 <br />5.60 %-2006 3.00 %-2008 3.'-0 %-2010 <br /> <br />3. 75 % - 20] 1 <br />!J. c..o % - 2012 <br /> <br />4-00%-201~ <br />q. 0 0 % - 2014 <br /> <br />DESIGNATION OF SERIAL AND TERM MATURITIES <br /> <br />LAST YEAR OF SERIAL MATIJRITIES <br /> <br />YEAR OF TERM MA TURlTIES <br /> <br />PRlNCIPAL WILL BE PAYABLE AT U.S. BANK NATIONAL ASSOCIATION, ST. PAUL, MINNESOTA. <br />CUSIP NUMBERS WILL BE ISSUED AT THE COST OF THE SUCCESSFUL UNDERWRITER. <br />TIllS PROPOSAL IS FOR PROMPT ACCEPTANCE AND SUBJECT TO ALL TERMS IN TIlE TERMS OF <br />PROPOSAL. WE ARE TO BE FURNISHED 1RE APPROVING LEGAL OPINION OF BOND COUNSEL, <br />TOGETHER WITH THE DELIVERY OF THE PRINTED AND EXECUTED BONDS, WITHIN 40 DAYS <br />AFTER A WARD OR AT OUR OPTION THEREAFTER. DELIVERY WILL BE MADE AT" <br />(SPECIAL INSTRUCTIONS-SEE OVER). <br /> <br />ACCOUNT MEMBERS: <br />8~d4. S ~\t:~/~' <br /> <br />A <br /> <br /> <br />(/0'\ II\. ~( Q. <br />ACCOUNT MANAGER <br />BY~~ <br /> <br />D f 02. <br /> <br /> <br />ACCEPTED FOR THE ADDRESSEE THIS <br /> <br />BY: <br /> <br />WE COMPUTE OUR TOTAL NET REST COST TO BE $ I 7e:2) ::J- ..:L5.. ~7 FOR. A NET <br />INTEREST RATE OF 3.7763 %. THESE COMPUTATIONS ARE NOT A PART OF TIDS OFFER. <br />IT IS NOT NECESSARY TO USE THIS FORM; HOWEVER, ANY PROPOSAL MUST COMPLY WITH <br />THE TERMS ST A TED IN THE TERMS OF PROPOSAL. <br /> <br />PLEASE SUBMIT THIS PROPOSAL IN DUPLICATE . <br /> <br />-33- <br />
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