| Issuer |
Village of Palatine |
| State |
Illinois |
|
Amount1 |
$945,000 |
| Type
Issue/Series |
General Obligation Refunding Bonds, Series 2010D |
|
Rating |
Moody's: Aa1, S&P: AA+ |
| Bank
Qualified |
Yes |
|
Good Faith |
$18,900 (2% of par) wire transfer, check or surety prior to bidding; see Notice Of Sale for detailed instructions. |
|
|
Sale Date |
8/09/10 |
|
Dated Date |
9/02/10 |
| Settlement
Date2 |
9/02/10
|
|
Sale Time |
11:45 AM - 12:15 PM Eastern Time |
|
|
Interest Due |
6/1, 12/1 |
| Principal Due |
12/01/11 - 12/01/15 |
| First Interest
Date |
6/01/11 |
| Call Dates |
Non-Callable |
| Term Bonds |
No |
|
Min. Bid Price
|
99.400% |
| Bid Details |
Max. Spread: 4.000%
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 |
Underwriter agrees to apply for CUSIP numbers within 24 hours, pay the fee charged by the CUSIP Service Bureau, and will accept the 2010D Bonds with the CUSIP numbers as entered on the 2010D Bonds.
The premium or discount, if any, is subject to pro rata adjustment if the maturity amounts of the 2010D Bonds are changed, allowing the same dollar amount of profit per $1,000 bond as submitted on the Official Bid Form. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Closed |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
No |
| Bond Counsel |
Katten Muchin Rosenman LLP
525 West Monroe Street
Chicago, IL 60661-3693
Telephone: 312.902.5200
Facsimile: 312.902.1061
www.kattenlaw.com |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
One North LaSalle Street, Suite 4100
Chicago, IL 60602
ATTN: Dan Forbes
Telephone: 312-780-2281
E-mail: dforbes@speerfinancial.com |
|
|