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AgdaPkt 2003-11-03
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AgdaPkt 2003-11-03
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Last modified
6/2/2011 2:05:52 PM
Creation date
10/31/2003 8:05:46 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council
Date
11/3/2003
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q,0-30 <br />The Projects. [to come] <br />[to came from City] <br />ESTIMATED SOURCES AND USES OF FUNDS <br />The Trustee will receive the proceeds from the sale of the Bonds, upon delivery of the <br />Bonds to the purchasers thereof, and will use such proceeds, exclusive of accrued interest, as <br />set forth in the following table. <br />Sources: <br />Par Amount of Bonds <br />Less: Original Issue Discount <br />Funds Relating to the 1991 Bonds <br />Total Sources: <br />Uses: <br />Deposit to Escrow Fund <br />Deposit to Project Fund <br />Deposit to Reserve Fund <br />Deposit to Costs of Issuance Fund <br />Total Uses: <br />(1) Includes legal, financial advisory, rating agency and printing costs, <br />underwriter's discount, municipal bond insuran premium and other <br />miscellaneous costs of issuance. <br />THE LEASED PROPERTY <br />Under the Lease, the City leases the Leased Property from the Authority. The Leased <br />Property consists of the following real properties, which may be substituted or removed by the <br />City upon satisfaction of certain conditions set forth in the Lease. See "SECURITY AND <br />SOURCES OF PAYMENT FOR THE BONDS - Substitution or Removal of Leased Property" <br />below. <br />The Leased Property. The property to be subleased by the Authority and then sub- <br />leased back to the City under the terms of the Lease Agreement consists of the following <br />properties located within the City. <br />Lot Size <br />Acres Descrintion <br />Me <br />
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