| Issuer |
Board of Education of the Township of Tewksbury |
| State |
New Jersey |
|
Amount |
$1,633,000 |
| Type
Issue/Series |
School Bonds, Series 2010 |
|
Rating |
Standard & Poor's: AA+/Stable |
| Bank
Qualified |
Yes |
|
Good Faith |
$32,660 (2% of par) wire transfer, surety bond, or certified/cashier's check made payable to the Board is required prior to bid. |
|
|
Sale Date |
9/14/10 |
|
Dated Date |
9/23/10 |
| Settlement
Date1 |
9/23/10
|
|
Sale Time |
11:30 AM - 11:45 AM Eastern Time |
|
|
Interest Due |
7/15, 1/15 |
| Principal Due |
7/15/12 - 7/15/25 |
| First Interest
Date |
7/15/11 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
100.000% / 100.061% |
| Bid Details |
Non-descending Coupons Required - Starting 2012
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 |
Wilentz, Goldman & Spitzer, P.A.
90 Woodbridge Center Drive
Woodbridge, NJ 07095
ATTN: Coleen Tighe
Telephone: 732-855-6138 |
| Web
Site |
www.MuniAuction.com |
|
|