City Council Meeting
Regular Meeting
12 items Mon, May 23, 2022 at 7:00pm How To Join Remotely
 Approved
∙ Approved 7 to 0
∙ Agenda item 4 of 12
Item No. 1c - 2022 Bond Payment for Sales and Use Tax
On May 2, 2017, the City closed on Series 2017A Sales and Use Tax Revenue Bonds in the par amount of $30,595,000 with a net premium of $2,687,079 for a total of $33,282,079. The City’s first interest payment for 2022 is due June 1 in the amount of $389,400 and the principal and second interest payment is due December 1 in the amount of $3,109,400. Funds to cover the 2022 payments are budgeted in the 2022 2E Bond Fund budget.

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Item No. 1c - 2022 Bond Payment for Sales and Use Tax ( 0.38 MB )
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