Issuer |
Village of Morton Grove |
State |
Illinois |
Amount1 |
$6,055,000 |
Type
Issue/Series |
General Obligation Refunding Bonds, Series 2019 |
Rating |
S&P's: AA (Stable) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $121,100 (2% of par) good faith wire/check to Issuer. See NOS for details. |
|
Sale Date |
10/17/19 |
Dated Date |
11/05/19 |
Settlement
Date2 |
11/05/19
|
Sale Time |
11:00 AM - 11:16 AM Eastern Time |
|
Interest Due |
6/15, 12/15 |
Principal Due |
12/15/20 - 12/15/29 |
First Interest
Date |
6/15/20 |
Call Dates |
12/15/27 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 3.000%
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: Anthony F. Miceli Phone: (312) 529-5881 Email: amiceli@speerfinancial.com
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