| Issuer |
Village of Inverness |
| State |
Illinois |
|
Amount1 |
$5,355,000 |
| Type
Issue/Series |
General Obligation Refunding Bonds, Series 2017 |
|
Rating |
S&P: AAA/Stable |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder - $107,100 (2% of par) good faith wire/check to Issuer. See NOS for details. |
|
|
Sale Date |
4/26/17 |
|
Dated Date |
5/11/17 |
| Settlement
Date2 |
5/11/17
|
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
|
Interest Due |
12/1, 6/1 |
| Principal Due |
12/01/17 - 12/01/23 |
| First Interest
Date |
12/01/17 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 3.000%
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.
One North LaSalle Street, Suite 4100
Chicago, IL 60602
Attn: Mark Jeretina
Phone: (312) 529-5887
Email: mjeretina@speerfinancial.com |
|
|