| Issuer |
Borough of West Chester |
| State |
Pennsylvania |
|
Amount1 |
$12,915,000 |
| Type
Issue/Series |
General Obligation Bonds
Series of 2010 |
|
Rating |
Standard & Poor's: AA (Stable outlook) |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder will be required to wire $129,150 to the Borough as bid security by 4:00 PM EDT on 07/21/10. |
|
|
Sale Date |
7/21/10 |
|
Dated Date |
8/19/10 |
| Settlement
Date2 |
8/19/10
|
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
|
Interest Due |
11/15, 5/15 |
| Principal Due |
11/15/11 - 11/15/40 |
| First Interest
Date |
11/15/10 |
| Call Dates |
11/15/15 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.500% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
Bidder's Option / Issuer Pays / Factored into TIC |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Cozen O'Connor LLP
Philadelphia, PA |
| Web
Site |
www.MuniAuction.com |
| Contact |
VALCO Capital, Ltd.
147 Hermitage Circle
Ligonier, PA 15658
ATTN: Mr. Gary Pulcini, Principal
Telephone: (724) 238-7900
Cell: (856) 981-4761
Facsimile: (724) 995-8133
E-mail: gpulcini@valcocapital.com |
|
|