| Issuer |
Township of Moorestown |
| State |
New Jersey |
|
Amount |
$11,789,000 |
| Type
Issue/Series |
General Obligation Bonds
consisting of:
$8,297,000 General Improvement Bonds and
$3,492,000 Water - Sewer Utility Bonds |
|
Rating |
Moody's: Aa2 |
| Bank
Qualified |
Yes |
|
Good Faith |
$235,780 (2% of par) wire transfer, surety bond, or check required prior to bidding. |
|
|
Sale Date |
8/19/10 |
|
Dated Date |
8/31/10 |
| Settlement
Date1 |
8/31/10
|
|
Sale Time |
11:00 AM - 11:20 AM Eastern Time |
|
|
Interest Due |
2/15, 8/15 |
| Principal Due |
8/15/11 - 8/15/30 |
| First Interest
Date |
2/15/11 |
| Call Dates |
8/15/20 @ Par |
| Term Bonds |
No |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Non-descending Coupons Required - Starting 2011
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into NIC |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
NIC |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
McManimon & Scotland, LLC.,
1037 Raymond Boulevard, Suite 4,
Newark, New Jersey 07102
ATTN: Charles Anthony Solimine, Esq.
Telephone: 973-622-4893
ATTN: Terry Anderson
Telephone: 973-622-5161
|
| Web
Site |
www.MuniAuction.com |
| Contact |
Acacia Financial Group, Inc.
ATTN: Dare Melchionni
Telephone: (856) 234 2266 |
|
|