MICHIGAN
Dexter (City)
Jul 27, 2015 . . . . . . $1,415,000
2015 Downtown Development Refunding Bonds (Limited Tax General Obligation) (book entry) (Taxable)
Dated Aug 12, 2015. Interest accrues Aug 12, 2015.
Due May 1, 2016 to 2032.
First coupon Nov 1, 2015.
2026-2032 Callable May 1, 2025 at par.
Purchased through negotiation by Fifth Third Securities, Inc., as follows:
| Due | Amount | Cpn | Reoffered | Ins |
|---|---|---|---|---|
| 5/1/25 | $430,000 | 3.55% | 3.55% | |
| 5/1/32 | $985,000 | 4.65% | 4.65% |
L.O.: Miller, Canfield, Paddock & Stone, P.L.C., Detroit, MI.
F.A.: H.J. Umbaugh & Associates, Okemos, MI.
