| Issuer |
Village of Lombard |
| State |
Illinois |
|
Amount1 |
$6,700,000 |
| Type
Issue/Series |
General Obligation Debt Certificates,
Series 2010 |
|
Rating |
Standard & Poor's: AA/Negative Outlook |
| Bank
Qualified |
Yes |
|
Good Faith |
$134,000 (2% of par) wire transfer, surety bond, or check made payable to Treasurer of the Village is required prior to bid. |
|
|
Sale Date |
9/02/10 |
|
Dated Date |
9/23/10 |
| Settlement
Date2 |
9/23/10
|
|
Sale Time |
11:15 AM - 11:32 AM Eastern Time |
|
|
Interest Due |
7/1, 1/1 |
| Principal Due |
7/01/11 - 7/01/17 |
| First Interest
Date |
7/01/11 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed - Starting 2011 - Max 5 |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Max. Spread: 2.000%
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 |
| 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. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Shanahan & Shanahan LLP
Chicago, IL |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Chicago, IL
ATTN: Raphaliata McKenzie
Telephone: 312-346-3700 ext. 485
Facsimile: 312-346-8833
|
|
|