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ADDENDUM DATED OCTOBER 4, 2013, TO PRELIMINARY OFFICIAL STATEMENT DATED SEPTEMBER 26, 2013, CITY OF DAYTON, MINNESOTA $2,335,000* GENERAL OBLIGATION UTILITY REVENUE BONDS, SERIES 2013A PROPOSAL OPENING:
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GO Util Rev Bonds, or General Obligation Utility Revenue Bonds, are a type of municipal bond issued to fund utility projects.
Municipalities or government entities that are funding utility projects are required to file GO Util Rev Bonds.
GO Util Rev Bonds must be filled out with details of the utility project being funded, financial information, and terms of the bond.
The purpose of GO Util Rev Bonds is to provide financing for utility projects that benefit the community.
Information such as project details, financial projections, bond terms, and repayment schedule must be reported on GO Util Rev Bonds.
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