| Issuer |
Urbana Park District |
| State |
Illinois |
|
Amount1 |
$13,605,000 |
| Type
Issue/Series |
General Obligation Park Bonds (Alternate Revenue Source), Series 2019A |
|
Rating |
S&P: AA (stable) |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder - $272,100 or 2% of Par by check or wire to Issuer within 2 hours of sale. See NOS for details. |
|
|
Sale Date |
11/20/19 |
|
Dated Date |
12/23/19 |
| Settlement
Date2 |
12/23/19
|
|
Sale Time |
11:15 AM - 11:30 AM Eastern Time |
|
|
Interest Due |
6/15, 12/15 |
| Principal Due |
12/15/20 - 12/15/39 |
| First Interest
Date |
6/15/20 |
| Call Dates |
12/15/27 @ Par |
| Term Bonds |
Allowed |
|
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 |
|
| 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 |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Chicago, IL
Attn: Dan Forbes
Phone: 312-780-2281 or 312-346-3700
Email: dforbes@speerfinancial.com |
|
|