TERMS* [ Print Page ]    
Mt.Prospect.PD.GORPB.17B.AON
  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.

  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.
Chicago, IL
Attn: David Phillips
Phone: 312-780-2280
Email: dphillips@speerfinancial.com
Attn: Dan Forbes
Phone: 312-780-2281
Email: dforbes@speerfinancial.com
Terms as of 3/28/2024 @ 5:16 am
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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