| Issuer |
Village of Arlington Heights |
| State |
Illinois |
|
Amount1 |
$2,915,000 |
| Type
Issue/Series |
General Obligation Refunding Bonds, Series 2010 |
|
Rating |
Moody's Investors Service: Aa1 (Assigned) |
| Bank
Qualified |
Yes |
|
Good Faith |
$58,300 (2% of par) wire transfer, surety bond, or check made payable to Treasurer of the Village is required prior to bid. |
|
|
Sale Date |
9/07/10 |
|
Dated Date |
9/22/10 |
| Settlement
Date2 |
9/22/10
|
|
Sale Time |
10:30 AM - 10:47 AM Eastern Time |
|
|
Interest Due |
12/1, 6/1 |
| Principal Due |
12/01/10 - 12/01/22 |
| First Interest
Date |
12/01/10 |
| Call Dates |
12/01/18 @ Par |
| Term Bonds |
Allowed - Starting 2010 - Max 5 |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 2.000%
Non-descending Coupons Required - Starting 2010
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
The Underwriter agrees to apply for CUSIP numbers within 24 hours and pay the fee charged by the CUSIP Service Bureau and will accept the Bonds with the CUSIP numbers as entered on the Bonds.
Discount, if any, is subject to pro rata adjustment if the maturity amounts of the Bonds are changed, allowing the same dollar amount of profit per $1,000 bond as submitted on the Official Bid Form. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Chapman and Cutler LLP
111 W Monroe Street
Chicago, IL 60603-4080
Telephone: 312-845-3000
www.chapman.com |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
One North LaSalle Street, Suite 4100
Chicago, IL 60602
ATTN: Barbara L. Chevalier
Telephone: 312-780-2282
E-mail: bchevalier@speerfinancial.com |
|
|