| Issuer |
Village of Addison |
| State |
Illinois |
|
Amount |
$3,500,000 |
| Type
Issue/Series |
Taxable General Obligation Bonds, Series 2010 |
|
Rating |
Standard & Poor's: AA+ ; Fitch: AAA |
| Bank
Qualified |
No |
|
Good Faith |
$70,000 (2% of par) wire transfer, surety bond, or certified/cashier's check made payable to the Treasurer is required prior to bid. |
|
|
Sale Date |
8/16/10 |
|
Dated Date |
9/01/10 |
| Settlement
Date1 |
9/01/10
|
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
|
Interest Due |
6/15, 12/15 |
| Principal Due |
12/15/11 - 12/15/30 |
| First Interest
Date |
6/15/11 |
| Call Dates |
12/15/17 @ Par |
| Term Bonds |
Allowed - Starting 2011 - Max 5 |
|
Min. Bid Price
|
99.000% |
| Bid Details |
Max. Spread: 6.000%
Non-descending Coupons Required - Starting 2011
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Chapman and Cutler LLP,
Chicago, IL |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Chicago, IL
ATTN: Brenda Housten
Telephone: 312-346-3700 ext. 486
|
|
|