TERMS* [ Print Page ]    
  Issuer City of Batavia
  State Illinois
  Amount1 $4,000,000
  Type Issue/Series   General Obligation Bonds, Series 2020
  Rating   Moody's: Aa1
  Bank Qualified Yes
  Good Faith Successful bidder - $80,000 by check or wire to Issuer within 2 hours of sale. See NOS for details.

  Sale Date 8/03/20
  Dated Date 8/20/20
  Settlement Date2   8/20/20
  Sale Time 11:00 AM - 11:15 AM Eastern Time

  Interest Due 7/1, 1/1
  Principal Due 1/01/22 - 1/01/40
  First Interest Date   7/01/21
  Call Dates 1/01/29 @ Par
  Term Bonds Allowed
  Min. Bid Price   99.000%
  Bid Details Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2022
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
  Insurance No

  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: Mark Jeretina
Phone: (312) 529-5887
Fax: (312) 346-8833
Email: mjeretina@speerfinancial.com

Attn: Anthony Miceli
Phone: (312) 529-5881
Fax: (312) 346-8833
Email: amiceli@speerfinancial.com
Terms as of 8/6/2020 @ 2:58 am
1Preliminary, subject to change
2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
* Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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