Every few years, a history buff writes some words for this newspaper about the old Anoka County town of Itasca (sometimes spelled Itaska). It was located on the Anoka side of the Mississippi River near the Sherburne County line. For a few years, in the middle of the nineteenth century, it looked like it might amount to something.
It’s not a perspective you hear very often.
If you’re seriously into bird watching, or just get out occasionally, this is the time of year that most bird watchers love the most – the spring migration. Anoka County has several parks that are good for bird watching, including the Coon Rapids Dam, Bunker Hills, Rum River Central, Mississippi West Regional Park and Lock County Park. All of these are going to be part of the Bird Watch Series that will be guided by Gary Swanson, the naturalist at the Coon Rapids Dam.
Zero-coupon bonds do not have interest coupons attached (interest at a particular rate that is sent to the bondholder on a regular basis), nor do the issuers make annual interest payments. Investors who purchase them, therefore, do not receive interest. Instead, they purchase a bond at a price lower than the bond’s $1,000 par value and can redeem it for par on the maturity date. The “interest” earned on the bond is the difference between the price paid initially and the amount received at maturity.