| Issuer |
Village of Oak Park |
| State |
Illinois |
|
Amount1 |
$3,940,000 |
| Type
Issue/Series |
General Obligation Corporate Purpose Refunding Bonds,
Series 2020B |
|
Rating |
S&P: AA (stable outlook)Moody's: A1 |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder - $78,800 wire to Issuer within 2 hours of sale. See NOS for details. |
|
|
Sale Date |
9/21/20 |
|
Dated Date |
10/13/20 |
| Settlement
Date2 |
10/13/20
|
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
|
Interest Due |
7/1, 1/1 |
| Principal Due |
1/01/22 - 1/01/25 |
| First Interest
Date |
7/01/21 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.315% |
| Bid Details |
Max. Spread: 3.000%
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 |
Miller, Canfield, Paddock and Stone, P.L.C.
Chicago, IL |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Chicago, IL
Attn: Raphaliata McKenzie
Phone: (312) 780-2285
Email: rmckenzie@speerfinancial.com
Attn: Anthony Miceli
Phone: (312) 529-5881
Email: amiceli@speerfinancial.com |
|
|