Issuer |
Clinton County |
State |
Iowa |
Amount1 |
$22,000,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2016 |
Rating |
Moody's: 'Aa2' |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $440,000 (2% of par) wire transfer. Please see NOS for details. |
|
Sale Date |
10/25/16 |
Dated Date |
12/01/16 |
Settlement
Date2 |
12/01/16
|
Sale Time |
11:00 AM - 11:30 AM Eastern Time |
|
Interest Due |
12/1, 6/1 |
Principal Due |
6/01/18 - 6/01/36 |
First Interest
Date |
12/01/17 |
Call Dates |
6/01/26 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 5.000%
Non-descending Coupons Required - Starting 2018
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 |
Closed |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
No |
Bond Counsel |
Ahlers & Cooney, P.C., Des Moines, IA |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Independent Financial Consultants 531 Commercial Street, Suite 608 Waterloo, IA 50701 Telephone: 319-291-2077 Facsimile: 319-291-8628 ATTN: Charlotte Nielsen Email: cnielsen@speerfinancial.com |
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