| Issuer |
County of Peoria |
| State |
Illinois |
|
Amount1 |
$6,980,000 |
| Type
Issue/Series |
Taxable General Obligation Bonds (ARS),
Series 2010B
(Build America Bonds) |
|
Rating |
Moody's: (Aa2) |
| Bank
Qualified |
No |
|
Good Faith |
139,600 (2% of par) wire transfer, surety bond, or check made payable to Treasurer of the County is required prior to bid. |
|
|
Sale Date |
9/09/10 |
|
Dated Date |
9/28/10 |
| Settlement
Date2 |
9/28/10
|
|
Sale Time |
11:30 AM - 11:46 AM Eastern Time |
|
|
Interest Due |
6/15, 12/15 |
| Principal Due |
12/15/12 - 12/15/20 |
| First Interest
Date |
6/15/11 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed - Starting 2012 - Max 4 |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 5.000%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
Please see Official Bid Form for maximum permitted reoffering prices.
Total bidder compensation, including bond insurance, will not exceed $84,000.
The County will pay for the legal opinion.
Underwriter agrees to apply for CUSIP numbers within 24 hours, pay the fee charged by the CUSIP Service Bureau, and will accept the 2010B Bonds with the CUSIP numbers as entered on the 2010B Bonds.
|
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Evans, Froehlich, Beth & Chamley
Champaign, IL |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Independent Public Finance Consultants
Chicago, IL
ATTN: Will Glass
Telephone: 312-346-3700 |
|
|