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18-Deliberate and possibly take action of debt refunding
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18-Deliberate and possibly take action of debt refunding
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8/22/2012 4:23:54 PM
Creation date
12/11/2009 7:20:37 PM
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CITY CLERK
Doc Name
18
Doc Type
Agenda
CITY CLERK - Date
12/14/2009
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SOURCES AND USES OF FUNDS <br />$6,425,000* <br />CITY OF PARIS, TEXAS <br />General Obligation Refunding Bonds, Series 2009 <br />Refunded Bonds: Series 1998, 2000, & 2001 <br />Market Scale: Bank Qualitied - [nsured <br />December Delivery: Perfect Escrow - No Sig Escrow <br />Preliminary Numbers: As of October 20, 2009 <br />Dated Date 12/20/2009 <br />Deliverv Date 12/20/2009 <br />Sources: <br />Bond Proceeds: <br />Par Amount 6,425,000.00 <br />Premium 203,307.25 <br />6,628,307.25 <br />Uses: <br />Refunding Escrow Deposits <br />Cash Deposit 6,474,596.32 <br />Delivery Date Expenses <br />Cost of Issuance (Est) 70,000.00 <br />Underwriter's Discount 44,975.00 <br />Bond Insurance (50 bps) 36,41 1.76 <br />- 151.386.76 <br />Other Uses of Funds: <br />Additionai Proceeds 2324.17 <br />6,628,307.25 <br />Note: * Preliminar% Subject to Change <br />Oct 20, 2009 1:10 pm Prepared by Southwest Securities, Inc. (Finance 6.014 Paris. City of:PARISGO-2009REF.2009REF) Page I <br />.,li <br />~ <br />~ <br />
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