| Issuer |
City of Manchester |
| State |
Iowa |
|
Amount1 |
$300,000 |
| Type
Issue/Series |
Taxable General Obligation Urban Renewal Bonds, Series 2020B |
|
Rating |
Not Rated |
| Bank
Qualified |
No |
|
Good Faith |
None |
|
|
Sale Date |
6/08/20 |
|
Dated Date |
7/06/20 |
| Settlement
Date2 |
7/06/20
|
|
Sale Time |
11:30 AM - 12:00 PM Eastern Time |
|
|
Interest Due |
12/1, 6/1 |
| Principal Due |
6/01/22 - 6/01/31 |
| First Interest
Date |
12/01/20 |
| Call Dates |
6/01/27 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 6.000%
Non-descending Coupons Required - Starting 2022
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 |
Closed |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
No |
| Bond Counsel |
Dorsey & Whitney LLP
Des Moines, IA |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Waterloo, IA
Phone: 319-291-2077
Fax: 319-291-8628
Attn: Charlotte Nielsen
Email: cnielsen@speerfinancial.com |
|
|