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File #: 25-0417    Version: 1
Type: Report Status: Filed
File created: 5/20/2025 In control: Finance Committee
On agenda: 6/5/2025 Final action: 6/5/2025
Title: Report on payment of principal and interest for outstanding District bonds due on June 1, 2025
Attachments: 1. DS 2025-06 att.pdf

TRANSMITTAL LETTER FOR BOARD MEETING OF JUNE 5, 2025

 

COMMITTEE ON FINANCE

 

Mr. John P. Murray, Acting Executive Director

 

Title

Report on payment of principal and interest for outstanding District bonds due on June 1, 2025

Body

 

Dear Sir:

 

In accordance with the Rules of the Board and the various bond ordinances, the District transferred $41,400,019.91 to the paying agents on outstanding bonds due on June 1, 2025. An additional $6,107,737.50 was paid by the paying agents for interest due on two District bonds issues with capitalized interest. The attached schedule indicates the amount paid on each bond issue.

 

The total District debt service payment on June 2, 2025, was therefore $47,507,757.41.

 

Respectfully Submitted, Steven J. Lux, Treasurer, SJL:jd

 

Attachment