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2002-09-25 CC Packet
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2002-09-25 CC Packet
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<br />1---- -------- <br /> <br />PROPOSAL FORM <br /> <br />HONORABLE CITY COUNCIL <br />CITY OF CENTERVILLE <br />CENTERVILLE, MINNESOTA <br /> <br />FOR ALL OF THE $635,000 GENERAL OBLIGATION IMPROVEMENT BONDS OF 2002, OF YOUR <br />CITY AS DESCRIBED IN THE TERMS OF PROPOSAL, WE WILL PAY YOU <br />DOLLARS <br />($ ) (NOT LESS THAN $626,110) PLUS <br />ACCRUED INTEREST FROM THE DATE OF SAID BONDS TO THE DATE OF DELIVERY. <br /> <br />SAID BONDS SHALL BEAR INTEREST PAYABLE AUGUST 1,2003, AND SEMIANNUALLY EACH <br />FEBRUARY I AND AUGUST I THEREAFTER AS FOLLOWS: <br /> <br />DATED: SEPTEMBER 25, 2002 <br /> <br />% - 2005 <br />% - 2006 <br /> <br />% - 2007 <br />% - 2008 <br /> <br />% - 2009 <br />%-2010 <br /> <br />%-2011 <br />%-2012 <br /> <br />%-2013 <br />%-2014 <br /> <br />DESIGNATION OF SERIAL AND TERM MATURITIES <br /> <br />LAST YEAR OF SERIAL MATURITIES <br /> <br />YEAR OF TERM MATURITIES <br /> <br />PRINCIPAL 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 /> <br />THIS PROPOSAL IS FOR PROMPT ACCEPTANCE AND SUBJECT TO ALL TERMS IN THE TERMS OF <br />PROPOSAL. WE ARE TO BE FURNISHED THE APPROVING LEGAL OPINION OF BOND COUNSEL, <br />TOGETHER WITH THE DELIVERY OF THE PRINTED AND EXECUTED BONDS, WITHIN 40 DAYS <br />AFTER AWARD OR AT OUR OPTION THEREAFTER. DELIVERY WILL BE MADE AT <br /> <br />(SPECIAL INSTRUCTIONS-SEE OVER). <br /> <br />ACCOUNT MEMBERS: <br /> <br />ACCOUNT MANAGER <br /> <br />BY: <br /> <br />ACCEPTED FOR THE ADDRESSEE THIS <br /> <br />DAY OF SEPTEMBER, 2002. <br /> <br />BY: <br /> <br />MAYOR <br /> <br />A TIEST: <br /> <br />CITY ADMINISTRATOR <br /> <br />-.. -- -.. - - - -... --- --........ --.. - - ~ - --.. - -.... - - ---.-.. ---.. - - -- ---- - --. - - - - - - -- <br /> <br />WE COMPUTE OUR TOTAL NET INTEREST COST TO BE $ FOR A NET <br />INTEREST RATE OF %. THESE COMPUTATIONS ARE NOT A PART OF THIS OFFER. <br /> <br />IT IS NOT NECESSARY TO USE THIS FORM; HOWEVER, ANY PROPOSAL MUST COMPLY WITH <br />THE TERMS STATED IN THE TERMS OF PROPOSAL. <br /> <br />PLEASE SUBMIT THIS PROPOSAL IN DUPLICATE <br /> <br />-33 - <br />
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