| Issuer |
Village of Oak Park |
| State |
Illinois |
|
Amount1 |
$14,295,000 |
| Type
Issue/Series |
General Obligation Refunding Bonds, Series 2010C |
|
Rating |
Moody's: Aa2, S&P: AA- (Affirmed) |
| Bank
Qualified |
Yes |
|
Good Faith |
$285,900 (2% of par) wire transfer, check ,or surety must be received prior to bid. Please see NOS for wire instructions |
|
|
Sale Date |
7/26/10 |
|
Dated Date |
8/17/10 |
| Settlement
Date2 |
8/17/10
|
|
Sale Time |
11:30 AM - 11:46 AM Eastern Time |
|
|
Interest Due |
5/1, 11/1 |
| Principal Due |
11/01/11 - 11/01/23 |
| First Interest
Date |
5/01/11 |
| Call Dates |
11/01/19 @ Par |
| Term Bonds |
Allowed - Starting 2011 - Max 5 |
|
Min. Bid Price
|
99.300% |
| Bid Details |
Max. Spread: 3.0%
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 |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Chapman and Cutler LLP
Chicago, IL
Telephone: 312-845-3000 |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Independent Public Finance Consultants
Chicago, IL
Raphaliata T. McKenzie
Telephone: (312) 780-2285 or
(312) 346-3700, ext. 485
Fax: (312) 346-8833
Email: rmckenzie@speerfinancial.com |
|
|