Issuer |
Village of Oak Park |
State |
Illinois |
Amount1 |
$13,430,000 |
Type
Issue/Series |
General Obligation Corporate Purpose Bonds, Series 2017A |
Rating |
Moody's: A1; S&P: AA /Stable |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $268,600 check or wire transfer to the Issuer within 2 hours of winning. Please see NOS for details. |
|
Sale Date |
11/06/17 |
Dated Date |
11/21/17 |
Settlement
Date2 |
11/21/17
|
Sale Time |
10:30 AM - 10:46 AM Eastern Time |
|
Interest Due |
5/1, 11/1 |
Principal Due |
11/01/22 - 11/01/37 |
First Interest
Date |
5/01/18 |
Call Dates |
11/01/25 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.032% |
Bid Details |
Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2022
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 |
Miller, Canfield, Paddock and Stone, P.L.C. Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Raphaliata McKenzie Phone: 312-780-2285 Email: rmckenzie@speerfinancial.com |
|
|