TRANSMITTAL LETTER FOR BOARD MEETING OF JANUARY 5, 2012
COMMITTEE ON FINANCE
Mr. David St. Pierre, Executive Director
Title
Report on payment of principal and interest for outstanding District bonds due on December 1, 2011
Body
Dear Sir:
In accordance with the Rules of the Board and the various bond ordinances, the District transferred $70,009,381.25 to the paying agents for payment of interest on outstanding bonds due on December 1, 2011. An additional $83,220,050.00 was paid by the paying agents for interest due on six partially and fully refunded issues of District bonds. The attached schedule indicates the amount paid on each bond issue.
The total District debt service payment on December 1, 2011, was therefore $153,229,431.25.
Respectfully Submitted, Mary Ann Boyle, Treasurer, MAB:wns
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