| Issuer |
City of Houston |
| State |
Texas |
|
Amount1 |
$230,000,000 |
| Type
Issue/Series |
Tax and Revenue Anticipation Notes Series 2010 |
|
Rating |
S&P: (SP-1+) and Fitch: (F1+) |
|
Good Faith |
1% of Par amount bid, plus Executed Bid Form due by 6/15/10 |
|
|
Sale Date |
6/16/10 |
|
Dated Date |
7/01/10 |
| Settlement
Date2 |
7/01/10
|
|
Sale Time |
10:30 AM - 11:05 AM Eastern Time |
|
|
Interest Due |
6/30/11 |
|
Maturity Date |
6/30/11 |
|
Days to Maturity |
364 |
| Day Basis |
Actual/365 |
| Call Dates |
noncallable |
|
Min. Bid Price
|
$10,000,000 |
|
Min. Bid Increment
|
$5,000,000 |
|
Premium Bids
|
Allowed |
|
Discount Bids
|
Not Allowed |
| Bid Details |
Max. TIC: 10%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
|
| Bid Format |
Partial |
| Auction Format |
Open |
| Award Basis
|
TIC Annual Compounding |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Co-Bond Counsel: Vinson & Elkins LLP Houston, TX
Law Offices of Francisco G. Medina Houston, TX |
| Web
Site |
www.MuniAuction.com |
| Contact |
Co-Financial Advisors: First Southwest Company Houston, TX Attn: Trey Cash T: 713-651-9850 F: 832-239-9015 E: tcash@firstsw.com
TKG & Associates Houston, TX |
|
|