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Res12 15197
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Res12 15197
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Last modified
10/11/2019 7:47:28 AM
Creation date
10/11/2019 7:47:26 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Special
Agency Type
City Council
Date
6/18/2012
Description
RESOLUTION CONFIRMING AUTHORIZATION OF THE ISSUANCE OF SPECIAL TAX BONDS FOR AND ON BEHALF OF THE CITY OF REDWOOD CITY COMMUNITY FACILITIES DISTRICT NO. 2000-1 (PACIFIC SHORES PROJECT), AND APPROVING OTHER RELATED ACTIONS
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O6/18/2012 <br /> ATTACHMENT2 <br /> qty of Redwood Ctty <br /> Refunding Spedal Ta�c Bonds, Series 2012 (Pacific SFwres) <br /> Sizing Mal�rsts <br /> Sources and Uses of Funds <br /> SOURCES <br /> Bonds 5,600,000 <br /> Prior Reserve Fund Balance 2,097,587 <br /> Reoffering Premium (Discount) (1 1,141) <br /> Reserved - <br /> Bond Fund Balance 2,059,053 <br /> Total 9,745,500 <br /> USES <br /> Refunding Escrow 8,894,540 <br /> Costs of Issuance <br /> Bond Counsel 70,000 <br /> Financial Advisor 60,000 <br /> Trustee & Escrow Agent 4,000 <br /> City Fee 40,000 <br /> Trustee Counsel 1,600 <br /> OS Printing 2,000 <br /> Disclosure Counsel 35,000 <br /> Contingency 10,400 <br /> Property Owner Expenses 12,000 <br /> Total 235,000 <br /> Underwriter's Discount @ 0.95% 53,200 <br /> Debt Service Reserve Fund @ 10% Par 560,000 <br /> Bond Insurance at 0.00% - <br /> Other - <br /> Rounding 2,760 <br /> Total Uses 9,745,500 <br /> Prepred by William Euphrat Municipal Finance, Inc., 5/31/12 Page 1 <br /> RESO.15197 <br /> MUFF#505 <br />
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