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O-2000-2389
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O-2000-2389
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Last modified
11/2/2016 3:39:04 PM
Creation date
7/25/2006 1:25:01 PM
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Template:
Legislative Records
Legislative Type
Ordinance
Date
3/27/2000
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<br />e TABULATION OF BIDS CONT...e <br /> <br />Received <br />March 27, 2000 <br />on <br />CITYOF LA PORTE <br />(Harris County, Texas) <br />$3,250,000 General Obligation Bonds, Series 2000 <br /> <br />Ratings: (Insured by M.B.LA.) <br />Moody's - "Aa3" Insured - "Aaa" <br />S&p's - "A+" Insured - "AAA" <br /> <br />Bidder <br />A.G. Edwards & Sons, Inc. <br /> <br />Maturities <br />2001-2006 <br />2007 <br />2008 <br />2009-2011 <br />2012 <br />2013 <br />2014 <br />2015 <br />2016 <br />2017 <br />2018-2019 <br />2020 <br /> <br />Rate <br />7.00% <br />5.75% <br />5.10% <br />5.15% <br />5.20% <br />5.25% <br />5.35% <br />5.40% <br />5.45% <br />5.50% <br />5.55% <br />5.50% <br /> <br />Bond Buver Index: 5.76% <br /> <br />Interest Cost <br />GIC:$1,957,537.50 <br />Prem: 0.00 <br />NIC:$1,957,537.50 <br /> <br />Effective <br />Interest Rate <br />5.5336% <br /> <br />First Tennessee Capital Markets <br /> <br />------------------------------------------------------------------------------------------------------------------ <br /> <br />5.5639% <br /> <br />2001-2010 <br />2011 <br />2012-2013 <br />2014-2015 <br />2016-2020 <br /> <br />6.00% <br />5.25% <br />5.30% <br />5.40% <br />5.50% <br /> <br />GIC: $1,968,237.50 <br />Prem: 0.00 <br />NIC: $1,968,237.50 <br /> <br />Griffin, Kubik, Stephens & Thompson, Inc. <br /> <br />------------------------------------------------------------------------------------------------------------------ <br /> <br />5.6267% <br /> <br />2001 <br />2002-2009 <br />2010 <br />2011-2012 <br />2013-2014 <br />2015-2016 <br />2017 <br />2018-2020 <br /> <br />5.50% <br />6.20% <br />5.50% <br />5.20% <br />5.40% <br />5.50% <br />5.60% <br />5.625% <br /> <br />GIC: $1,990,468.75 <br />Prem: 0.00 <br />NIC: $1,990,468.75 <br /> <br />------------------------------------------------------------------------------------------------------------------ <br /> <br />PAGE 2 OF 2 <br />
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