| Issuer |
Borough of State College |
| State |
Pennsylvania |
|
Amount1 |
$1,465,000 |
| Type
Issue/Series |
General Obligation Bonds, Series of 2012 |
|
Rating |
Standard & Poor's: AA (stable outlook) |
| Bank
Qualified |
Yes |
|
Good Faith |
The successful bidder will be required to wire $14,650.00 to the Issuer, by 5:00 p.m. on 2/6/12. The wire instructions will be made available to the successful bidder following notification of the Bid results. |
|
|
Sale Date |
2/06/12 |
|
Dated Date |
3/08/12 |
| Settlement
Date2 |
3/08/12
|
|
Sale Time |
12:00 PM - 12:17 PM Eastern Time |
|
|
Interest Due |
5/15, 11/15 |
| Principal Due |
11/15/12 - 11/15/26 |
| First Interest
Date |
5/15/12 |
| Call Dates |
5/15/17 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.400% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Rhoads & Sinon LLP, Harrisburg, PA |
| Web
Site |
www.MuniAuction.com |
| Contact |
Concord Public Financial Advisors, INC. 2938 Columbia Avenue Lancaster, PA 17603 Attn: Christopher Gibbons Telephone: 717-295-2300 E-mail: cgibbons@concordpublicfinance.com Attn: Diane Lando Telephone: 610-376-4100 E-mail: concord@concordpublicfinance.com |
|
|