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AgdaPkt 2008-09-08
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AgdaPkt 2008-09-08
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Last modified
9/9/2008 1:08:15 PM
Creation date
9/4/2008 3:01:29 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Closed
Agency Type
City Council
Date
9/8/2008
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<br />7A <br />ATTACHMENT Page 11 <br /> <br />BOND FUNDING - TWO SCENARIOS IN TWO STAGES <br />June 2008 Maximum <br />Estimate Estimate <br /> <br />Project Cost <br /> <br />$53,961,300 <br /> <br />$59,357,430 (3) <br />10% <br /> <br />$63,470,000 <br /> <br />$65,455,000 <br /> <br />Increase % <br /> <br />Debt Issued 2009 (1) <br /> <br />$58,455,000 <br />$60,440,000 <br /> <br />Total Debt 2011 (2) <br /> <br />Interest Rates <br /> <br />Taxable Bonds (2011) <br />AMT Tax-Exempt Notes(2009) <br />Tax-Exempt Notes (2009) <br /> <br />7.75% <br />5.75% <br />3.85% <br /> <br />7.75% <br />5.75% <br />3.85% <br /> <br />(1) Includes refunding of 2000 bonds. <br />(2) Includes refunding of 2009 note. <br />(3) Project cost contingency of 10"k over June 2008 estimate. <br />
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