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Procuring Enabled: Exam 2 i Stroed 42 The City of DePere issued $5,600,000 in 5 percent general obligation, tax-supported bonds on July 1, 2025, at
Procuring Enabled: Exam 2 i Stroed 42 The City of DePere issued $5,600,000 in 5 percent general obligation, tax-supported bonds on July 1, 2025, at 101. A fiscal agent is not used. Resources for principal and interest payments are to come from the General Fund. Interest payment dates are December 31 and June 30. The first of 20 annual principal payments is to be made June 30, 2026. DePere has a calendar fiscal year. A capital projects fund transferred the premium (in the amount of $56,000 ) to the debt service fund. On December 31,2025 , funds in the amount of $140,000 were recelved from the General Fund and the first interest payment was made. The books were closed for
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