| Issuer |
City of Berkeley |
| State |
California |
|
Amount1 |
$16,000,000 |
| Type
Issue/Series |
General Obligation Bonds
Series 2010
(Measure FF-Neighborhood Branch Library Improvements Project) |
|
Rating |
Moody's: Aa2; Standard & Poor's: AA+ |
| Bank
Qualified |
No |
|
Good Faith |
None required |
|
|
Sale Date |
7/20/10 |
|
Dated Date |
8/03/10 |
| Settlement
Date2 |
8/03/10
|
|
Sale Time |
11:30 AM - 12:03 PM Eastern Time |
|
|
Interest Due |
3/1, 9/1 |
| Principal Due |
9/01/11 - 9/01/39 |
| First Interest
Date |
3/01/11 |
| Call Dates |
9/01/20 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Max. TIC: 6.000%
Max. Coupon: 12.000%
Max. Spread: 4.000%
Multiple: Either 1/8th or 1/20th of 1%
Zero Coupons Not Allowed
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
The successful bidder will be required to pay a portion of the costs of issuance in the amount of $140,000; see the NOS for details. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Orrick, Herrington & Sutcliffe LLP
|
| Web
Site |
www.MuniAuction.com |
| Contact |
Northcross, Hill & Ach
999 Fifth Avenue, Suite 560
San Rafael, CA 94901
ATTN: Lisa Liang Siemsen
Telephone: 415-506-3400
Facsimile: 415-506-3401
E-mail: lisa@nhainc.net |
|
|