| Issuer |
City of Hiawatha |
| State |
Iowa |
|
Amount1 |
$1,795,000 |
| Type
Issue/Series |
General Obligation Capital Loan Notes,
Series 2011B |
|
Rating |
Moody's: A1 (Affirmed) |
| Bank
Qualified |
Yes |
|
Good Faith |
$35,900 (2% of par) wire, surety or check due prior to bid. See NOS for more details. |
|
|
Sale Date |
11/29/11 |
|
Dated Date |
12/21/11 |
| Settlement
Date2 |
12/21/11
|
|
Sale Time |
11:30 AM - 12:00 PM Eastern Time |
|
|
Interest Due |
6/1, 12/1 |
| Principal Due |
6/01/12 - 6/01/23 |
| First Interest
Date |
6/01/12 |
| Call Dates |
6/01/18 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 5.000%
Non-descending Coupons Required - Starting 2012
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 City will pay for the legal opinion.
The Purchaser agrees to apply for CUSIP numbers within 24 hours and pay the fee charged by the CUSIP Service Bureau and will accept the Notes with the CUSIP numbers as entered on the Notes. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Closed |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
No |
| Bond Counsel |
Ahlers & Cooney, P.C.,
Des Moines, IA |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Waterloo, IA 50701
ATTN: Maggie Burger
Telephone: 319-291-2077
Facsimile: 319-291-8628
E-mail: mburger@speerfinancial.com |
|
|