| Issuer |
County of Winnebago |
| State |
Illinois |
|
Amount1 |
$4,000,000 |
| Type
Issue/Series |
Taxable General Obligation Alternate Bonds
(Quarter Cent Sales Tax Alternate Revenue Source), Series 2010C
(Recovery Zone Economic Development Bonds) |
|
Rating |
Moody's: Aa2 |
| Bank
Qualified |
No |
|
Good Faith |
$80,000 (2% of par) wire transfer, surety bond, or check made payable to Treasurer of the City is required prior to bid. |
|
|
Sale Date |
9/02/10 |
|
Dated Date |
9/16/10 |
| Settlement
Date2 |
9/16/10
|
|
Sale Time |
10:45 AM - 11:00 AM Eastern Time |
|
|
Interest Due |
6/30, 12/30 |
| Principal Due |
12/30/11 - 12/30/29 |
| First Interest
Date |
6/30/11 |
| Call Dates |
12/30/19 @ Par |
| Term Bonds |
Allowed - Starting 2011 - Max 5 |
|
Min. Bid Price
|
99.000% |
| Bid Details |
Max. Spread: 5.000%
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 |
Please see Official Bid Form for maximum permitted reoffering prices.
Total bidder compensation will not exceed $40,000, including bond insurance.
Discount, if any, is subject to pro rata adjustment if the maturity amounts of the 2010C Bonds are changed, allowing the same dollar amount of profit per $1,000 bond as submitted on the Official Bid Form.
Underwriter agrees to apply for CUSIP numbers within 24 hours, pay the fee charged by the CUSIP Service Bureau, and will accept the 2010C Bonds with the CUSIP numbers as entered on the 2010C Bonds.
|
|
| Bid Format |
All-Or-None |
| Auction Format |
Closed |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
No |
| Bond Counsel |
Hinshaw & Culbertson LLP,
Rockford, IL |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
One North LaSalle Street, Suite 4100
Chicago, IL 60602
Attn: Barbara Chevalier
Telephone: 312-780-2282
Facsimile: 312-346-8833
www.speerfinancial.com |
|
|