| Issuer |
Village of Western Springs |
| State |
Illinois |
|
Amount1 |
$3,500,000 |
| Type
Issue/Series |
General Obligation Bonds, Series 2019 |
|
Rating |
Moody's: Aa2 |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder - $70,000 (2% of par) good faith wire/check to Issuer. See NOS for details. |
|
|
Sale Date |
9/23/19 |
|
Dated Date |
10/15/19 |
| Settlement
Date2 |
10/15/19
|
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
|
Interest Due |
6/1, 12/1 |
| Principal Due |
12/01/20 - 12/01/35 |
| First Interest
Date |
6/01/20 |
| Call Dates |
12/01/26 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2020
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: Brenda Housten
Phone: (312) 529-5886
Email: bhousten@speerfinancial.com |
|
|