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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.
 This is a recording of the May 23, 2022 City Council Meeting.  

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

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