Issuer |
Mt. Prospect Park District |
State |
Illinois |
Amount1 |
$3,225,000 |
Type
Issue/Series |
General Obligation Refunding Park Bonds (Alternate Revenue Source), Series 2017B |
Rating |
S&P: AA/Stable |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $64,500 check or wire transfer to the Issuer within 2 hours of winning. Please see NOS for details. |
|
Sale Date |
10/25/17 |
Dated Date |
11/14/17 |
Settlement
Date2 |
11/14/17
|
Sale Time |
11:45 AM - 12:00 PM Eastern Time |
|
Interest Due |
11/1 |
Principal Due |
11/01/18 - 11/01/23 |
First Interest
Date |
11/01/18 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 4.000%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
Other Details |
Per the NOS, Interest will be paid ANNUALLY, but TIC will be calculated based on semiannual compounding. |
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