Issuer |
Village of Clarendon Hills |
State |
Illinois |
Amount1 |
$5,500,000 |
Type
Issue/Series |
General Obligation Bonds (Sales Tax Alternate Revenue Source), Series 2020 |
Rating |
S&P: AAA (Stable Outlook) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $110,000 or 2% of Par by check or wire to Issuer within 2 hours of sale. See NOS for details. |
|
Sale Date |
12/16/19 |
Dated Date |
1/07/20 |
Settlement
Date2 |
1/07/20
|
Sale Time |
11:15 AM - 11:30 AM Eastern Time |
|
Interest Due |
7/1, 1/1 |
Principal Due |
1/01/21 - 1/01/40 |
First Interest
Date |
7/01/20 |
Call Dates |
1/01/28 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.000% |
Bid Details |
Max. Spread: 4.000%
Non-descending Coupons Required - Starting 2021
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: Mark Jeretin Phone: (312) 529-5887 or (312) 346-3700 Email: mjeretina@speerfinancial.com |
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