Issuer |
Sycamore Park District |
State |
Illinois |
Amount1 |
$7,000,000 |
Type
Issue/Series |
General Obligation Park Bonds (Alternate Revenue Source), Series 2017A |
Rating |
S&P: A+ (Stable Outlook) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $140,000 (2% of par) wire/check to Issuer. See NOS for details. |
|
Sale Date |
4/25/17 |
Dated Date |
5/10/17 |
Settlement
Date2 |
5/10/17
|
Sale Time |
11:30 AM - 11:45 AM Eastern Time |
|
Interest Due |
12/15, 6/15 |
Principal Due |
12/15/31 - 12/15/42 |
First Interest
Date |
12/15/17 |
Call Dates |
12/15/26 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 4.00%
Non-descending Coupons Required - Starting 2031
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. One North LaSalle Street, Suite 4100 Chicago, IL 60602 Attn: Mark Jeretina Phone: (312) 529-5887 Email: mjeretina@speerfinancial.com |
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