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Last modified
7/17/2007 9:20:39 AM
Creation date
4/25/2005 12:24:28 PM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
7850
Resolution Title
For the Purpose of Considering Bids for and Awarding the Sale of $8,420,000 General Obligation Tax Increment Bonds, Series 2
Resolution Date Passed
12/17/1985
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<br />Results of Sale <br />December 17, 1985 <br />Page Two <br /> <br />1990 <br />1991 <br />1992 <br />1993 <br />1994 <br />1995 <br />1996 <br />1997 <br />1998 <br /> <br />6.40 <br />6.60 <br />6.80 <br />7.00 <br />7. 15 <br />7.30 <br />7.50 <br />7.70 <br />7.90 <br /> <br />1999 <br />2000 <br />2001 <br />2002 <br />2003 <br />2004 <br />2005 <br />2006 <br /> <br />8.00 <br />8.10 <br />8. 10 <br />8.20 <br />8.20 <br />8.20 <br />8.20 <br />8.20 <br /> <br />Price: $8,242,981.60 <br />Net Interest Cost: $9,728,518.82 <br />Net Interest Rate: 8.0903 percent <br /> <br />2. CHASE MANHATTAN CAPITAL MARKETS CORPORATION <br /> <br />1990 6.50 1999 8.00 <br />1991 6.70 2000 8.10 <br />1992 6.90 2001 8. 10 <br />1993 7.00 2002 8.20 <br />1994 7.20 2003 8.20 <br />1995 7.40 2004 8.20 <br />1996 7.60 2005 8.20 <br />1997 7.75 2006 8.20 <br />1998 7.75 <br /> <br />Price: $8,216,347.70 <br />Net Interest Cost: $9,760,133.13 <br />Net Interest Rate: 8.1165 percent <br /> <br />*The amount of this issue increased to $8,420,000 as per the <br />Official Statement. <br />
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