| Issuer |
City of Gilroy |
| State |
California |
|
Amount1 |
$23,500,000 |
| Type
Issue/Series |
2010 General Obligation Bonds
(Gilroy Community Library Project) |
|
Rating |
Standard & Poor's: AA; Fitch: AA- |
| Bank
Qualified |
No |
|
Good Faith |
None required |
|
|
Sale Date |
7/21/10 |
|
Dated Date |
8/03/10 |
| Settlement
Date2 |
8/03/10
|
|
Sale Time |
11:30 AM - 12:00 PM Eastern Time |
|
|
Interest Due |
2/1, 8/1 |
| Principal Due |
2/01/12 - 2/01/40 |
| First Interest
Date |
2/01/11 |
| Call Dates |
2/01/20 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Max. Coupon: 8.000%
Multiple: Either 1/8th or 1/20th of 1%
|
| 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 $180,000; see the NOS for details. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Settlement Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Jones Hall,
A Professional Law Corporation
650 California Street, 18th Floor
San Francisco, CA 94108
Telephone: 415-391-5780
Facsimile: 415-391-5784
www.joneshall.com |
| 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 |
|
|