Bonds Estimated Debt Service by Fiscal Years Updated Numbers_09.20.1976Rk"I. Ji. 1'L 1 I2
c5ilociaZel, Y'zo. PAUL
D, sPEE R, pRR 51DENT
ELWOOD SARCE
MUNICIPAL FINANCE C
CONSULTANTS
RONALD V- NORENE
THOM ASE.COUGHLAN
'9gL—"�011f'/�tC/�F�y ('l
JOHN W. ILLYE5, JR.tlPF'
PAUL D_(PETE)
SPEER,JR-
LAWRE
J. RIMMER
WATERLOO.00. IOWA 50703
(319)135-T059
AREA 312 FINANCIAL 6-0656
THEODORE 8. KUNZ.
9ROOY"ELD, WIS 53005
(ala)oe 5-aoso
September 20, 1976
Mr. Gilbert D. Chavenelle
City Maager
City Hall
Dubuque, Iowa 52001
Dear Gil:
I was quite embarrassed when Frank called me this morning
calling my attention to a series of errors in the final column on
the amortization schedule which I sent to you last week. I believe
that there must have been a misinterpretation of the figures on the
table and that the old figures were used. In any event, I enclose
herewith a revised table.
The totals on all columns were correct, as of course, were
the summaries at the bottom. We are proceeding to get ready for the
issue on October 21. Romo expects to be in the office tomorrow morning
with information concerning the Solid Waste Disposal Project.
Best regards,
Fresi
PDS:tc PAUL D. SPEER &\associates, Inc.
Enclosure
$3,700,0o0 CITY OF DUBUQUE, IOWA General Obligation Bonds
Five Flags Civic Center -- A.V. $550,023,500
Dated November 1, 1976. Estimated debt service by fiscal years.
FAY
Maturity
Interest
(il 5 1/
Principal
Debt
1977-78
1978
$ 305,250
May 1
I
$
Service
1978-79
1979-80
1979
1980
200,750
50,000
150,000
$ 350,750
350,750
1980-81
1981
192,500
171,875
175,000
367,500
1981-82
1983
t71,875
200,000
382 875
1982-83
1983-84
1983
1984
160,875
200,000
225,000
371:875
385,875
1984-85
1985
148,500
134,750
250,000
338,500
1985-86
1986
121,000
250,000
384,75o
1986-87
1987
105,875
275,000
380,875
1987-88
t988
90,750
75,000
380,875
1988-89
1989
74,250
300,000
390,750
1989-90
1990
56375
325,000
399,250
1990-91
1991
38,500
325,000
381,375
1991-92
1992
,
1925 0
350,000
388,500
350,000
369,250
$2,003,375
$3,700,000
$5,703,375
Average ..................... $380,225
Average Tax per $1,000 ...... $ 0.69
Total Tax per $1,000 ........ $10.37
PAUL D. SPEER & Associates, Inc.
September 20, 1976
PDS:tc