Issuer |
City of Lockport |
State |
Illinois |
Amount1 |
$2,020,000 |
Type
Issue/Series |
General Obligation Limited Tax Bonds, Series 2017 |
Rating |
S&P: AA+/Stable |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $40,400 check or wire transfer to the Issuer within 2 hours of winning. Please see NOS for details. |
|
Sale Date |
9/06/17 |
Dated Date |
9/25/17 |
Settlement
Date2 |
9/25/17
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
6/30, 12/30 |
Principal Due |
12/30/18 - 12/30/20 |
First Interest
Date |
6/30/18 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
99.010% |
Bid Details |
Max. Spread: 3.000%
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 |
Kutak Rock LLP Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Brenda K. Housten phone: (312) 529-5886 or (312) 346-3700 email: bhousten@speerfinancial.com |
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