Issuer |
City of Rockford |
State |
Illinois |
Amount1 |
$12,030,000 |
Type
Issue/Series |
General Obligation Refunding Bonds (Waterworks System Alternate Revenue Source), Series 2016B |
Rating |
Moody's: 'A1' |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $240,600 (2% of par) wire/check to Issuer. See NOS for details. |
|
Sale Date |
12/05/16 |
Dated Date |
12/28/16 |
Settlement
Date2 |
12/28/16
|
Sale Time |
12:15 PM - 12:32 PM Eastern Time |
|
Interest Due |
6/15, 12/15 |
Principal Due |
12/15/17 - 12/15/27 |
First Interest
Date |
6/15/17 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 5.000%
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 |
Chapman and Cutler LLP Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Dan Forbes Phone: 312-780-2281 E-mail: dforbes@speerfinancial.com |
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