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2004-04-28 WS & CC Meeting
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2004-04-28 WS & CC Meeting
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<br />PROPOSAL FORM <br /> <br />TO: CityofCenterville, Minnesota <br />CIO Northland Securities, Inc. <br />45 South 7"' Street, Suite 2500 <br />Minneapolis, Minnesota 55402 <br />Phone: (612) 851-5900, Fax: (612) 851-5917 <br /> <br />Sale Date: May 26, 2004 <br /> <br />For all or none of the $2,200,000 General Obligation Improvement Bonds, Series 2004B, in accordance with the <br />Official Terms of Bond Sale, we will pay yon $ , (not less than $2,161,500) plus <br />accrued interest to date of delivery for fully registered Bonds bearing interest rates and maturing on February I as <br />follows: <br /> <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br /> <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br /> <br />% 2014 <br />% 2015 <br />% 2016 <br />% 2017 <br />% 2018 <br />% 2019 <br />% 2020 <br /> <br />True interest percentage: <br /> <br />% <br /> <br />Net interest cost: $ <br /> <br />Term Bond Option: Bonds maturing in the years <br />maturing in year <br />Bonds maturing in the years <br />maturing in year <br /> <br />, to be accumulated into a Term Bond <br /> <br />through <br />through <br /> <br />, to be accumulated into a Term Bond <br /> <br />If our bid is not accepted, our good faith deposit in the amount of $44,000 shall be promptly returned to us. This <br />bid is for prompt acceptance and is conditional upon deposit of said Bonds to a named registrar within 40 days <br />from the date hereof, or thereafter at our option. <br /> <br />We have received and reviewed the Preliminary Official Statement and have submitted our requests for <br />additional information or corrections to the Official Statement dated May 10, 2004. As Syndicate Manager, we <br />agree to provide the City with the reoffering price of the Bonds within 24 hours of the bid acceptance. <br /> <br />Account Members: <br /> <br />Account Manager: <br /> <br />By: <br /> <br />The foregoing offer is hereby accepted by and on behalf of the City of Centerville, Minnesota on May 26, 2004. <br /> <br />City Administrator <br /> <br />Mayor <br /> <br />-29 - <br />
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