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r 1111111111111•11111111•1nommemmummun <br /> At the finance committee Ming on July I7th, finance committe. members <br /> discussed the early retirement of the City Hall Serial Obligation Note, <br /> Lwi Amount: $ 9391375.00 <br /> Current Balance: $ 333.764.77 <br /> Annual Payment: $ 129, 511 «92 <br /> Date of Loan: 3.27 - 60 <br /> Maturity: 12-144 <br /> Interest Rate: 8.0% <br /> • Early retirement will tsseft in e $28.069.19 raduc n of future Interest expanses, <br /> Finance committee 11 recommending City Council authorize the City Hall Special <br /> Obligation Note to be paid in full, $333,764'37 plus accrued interest of $28,701,18. <br />