| Issuer |
City of Rockford |
| State |
Illinois |
|
Amount |
$3,400,000 |
| Type
Issue/Series |
General Obligation Bonds (Waterworks System Alternate Revenue Source),
Series 2010 |
|
Rating |
Moody's: Aa3 |
| Bank
Qualified |
Yes |
|
Good Faith |
$68,000 (2%of par) wire transfer, surety bond, or check required prior to bidding. |
|
|
Sale Date |
7/26/10 |
|
Dated Date |
8/15/10 |
| Settlement
Date1 |
8/16/10
|
|
Sale Time |
10:45 AM - 11:00 AM Eastern Time |
|
|
Interest Due |
12/15, 6/15 |
| Principal Due |
12/15/11 - 12/15/30 |
| First Interest
Date |
12/15/10 |
| Call Dates |
12/15/19 @ Par |
| Term Bonds |
Allowed - Starting 2011 - Max 5 |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 2.000%
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 |
|
| Bid Format |
All-Or-None |
| Auction Format |
Closed |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
No |
| Bond Counsel |
Chapman and Cutler LLP
111 W Monroe Street
Chicago, IL 60603-4080
Telephone: 312-845-3000 |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
One North LaSalle Street, Suite 4100
Chicago, IL 60602
ATTN: Raphaliata McKenzie,
Telephone: 312-780-2285
E-mail:rmckenzie@speerfinancial.com
ATTN: Barbara L. Chevalier,
Telephone: 312-780-2282
E-mail: bchevalier@speerfinancial.com |
|
|