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Last modified
7/17/2007 8:38:58 AM
Creation date
12/2/2004 9:30:43 AM
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Roseville City Council
Document Type
Council Resolutions
Resolution #
9525
Resolution Title
Accepting bid on sale of $13,280,000 General Obligation Tax Increment Refunding Bonds, Series, 1998, providing for their issuance and pledging for the security thereof tax increments (2/23/98).
Resolution Date Passed
2/23/1998
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<br />BID TABULATION <br /> <br />$13,280,000 General Obligation Tax Increment Refunding Bonds, Series 1998 <br /> <br />City of Roseville, Minnesota <br /> <br />SALE: February 23, 1998 <br /> <br />AWARD: CRONIN & CO., INC. <br /> <br />RATING: Moody's AA2/S&P: AA- <br /> <br />PRICE <br /> <br />TRUE <br />INTEREST <br />COST <br /> <br />RATE YEAR <br />4.00% 2000 <br />4.00% 2001 <br />4.00% 2002 <br />4.00% 2003 <br />4.10% 2004 <br />4.10% 2005 <br />4.20% 2006 <br />4.00% 2000 <br />4.00% 2001 <br />4.00% 2002 <br />4.05% 2003 <br />4.15% 2004 <br />4.20% 2005 <br />4.25% 2006 <br /> <br />NAME OF BIDDER <br /> <br />CRONIN & CO., INC. <br /> <br />U.S. BANCORP INVESTMENT SERVICES, INC. <br /> <br />PRUDENTIAL SECURITIES, INC. <br /> <br />4.25% <br />4.25% <br />4.25% <br />4.25% <br />4.25% <br />4.50% <br />4.50% <br /> <br />MORGAN KEEGAN & CO. <br /> <br />4.25% <br />4.25% <br />4.25% <br />4.25% <br />4.25% <br />4.25% <br />4.25% <br /> <br />906107.01 <br /> <br />$13,207,639.60 <br /> <br />4.2071 % <br /> <br />$13,226,601 .55 <br /> <br />4.2236% <br /> <br />2000 <br />2001 <br />2002 <br />2003 <br />2004 <br />2005 <br />2006 <br /> <br />$13,338,209.20 <br /> <br />4.2641 % <br /> <br />2000 <br />2001 <br />2002 <br />2003 <br />2004 <br />2005 <br />2006 <br /> <br />$13,243,122.90 <br /> <br />4.31223% <br />
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