TERMS* [ Print Page ]    
  Issuer City of The Colony
  State Texas
  Amount1 $19,580,000
  Type Issue/Series   Combination Tax and Limited Surplus Revenue Certificates of Obligation, Series 2019
  • Moody's: Aa2
  • S&P: AA+
  •   Bank Qualified No
      Good Faith $391,600, check due prior to bidding. See NOS for details.

      Sale Date 1/15/19
      Dated Date 2/14/19
      Settlement Date2   2/14/19
      Sale Time 10:00 AM - 11:00 AM Eastern Time

      Interest Due 8/15, 2/15
      Principal Due 2/15/20 - 2/15/39
      First Interest Date   8/15/19
      Call Dates 2/15/29 @ Par
      Term Bonds Allowed
      Min/Max Bid Price   103.000% / 108.000%
      Bid Details Max. Coupon: 5.000%
    Max. Spread: 2.000%
    Multiple: Either 1/8th or 1/20th or 1/100th of 1%
      Insurance Bidder's Option / Bidder Pays / Not Factored into TIC
      Other Details Even though the Bonds are officially 'Dated' on 1/15/19, Interest will accrue and TIC will be calculated to the 'Delivery Date' of 2/14/19

      Bid Format All-Or-None
      Auction Format  Open
      Award Basis TIC to Settlement Date
      Two-Minute Rule   Yes
      Bond Counsel Norton Rose Fulbright US LLP,
    Dallas, TX
      Web Site www.MuniAuction.com
      Contact Hilltop Securities Inc.
    Dallas, TX
    Attn: Jason Hughes (214.953.8707)
    Email: jason.hughes@hilltopsecurities.com

    Terms as of 6/16/2019 @ 6:10 am
    1Preliminary, subject to change
    2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
    * Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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