TERMS* [ Print Page ]    
  Issuer City of Lockport
  State Illinois
  Amount1 $1,915,000
  Type Issue/Series   General Obligation Bonds, Series 2019
  Rating   S&P: AA+/stable
  Bank Qualified Yes
  Good Faith Successful bidder - $38,300 (2% of par) good faith wire/check to Issuer. See NOS for details.

  Sale Date 6/19/19
  Dated Date 7/09/19
  Settlement Date2   7/09/19
  Sale Time 11:00 AM - 11:17 AM Eastern Time

  Interest Due 6/30, 12/30
  Principal Due 12/30/20 - 12/30/22
  First Interest Date   6/30/20
  Call Dates Non-Callable
  Term Bonds Allowed
  Min. Bid Price   99.478%
  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  Open
  Award Basis TIC to Dated Date
  Two-Minute Rule   Yes
  Bond Counsel Ice Miller LLP
Chicago, IL
  Web Site www.SpeerAuction.com
  Contact Speer Financial, Inc.
Chicago, IL
Attn: Brenda Housten
Phone: 312-529-5886
Email: bhousten@speerfinancial.com
Terms as of 9/17/2019 @ 3:10 pm
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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