| Issuer |
City of Kansas City |
| State |
Missouri |
|
Amount1 |
$59,735,000 |
| Type
Issue/Series |
Sanitary Sewer System Improvement Revenue Bonds
Series 2019A |
|
Rating |
Moody's: Aa2S&P: AA |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder - $1,194,700 wire to City by 12:30 pm CT on sale day. See NOS for details. |
|
|
Sale Date |
6/18/19 |
|
Dated Date |
7/02/19 |
| Settlement
Date2 |
7/02/19
|
|
Sale Time |
10:30 AM - 11:01 AM Eastern Time |
|
|
Interest Due |
1/1, 7/1 |
| Principal Due |
1/01/21 - 1/01/44 |
| First Interest
Date |
1/01/20 |
| Call Dates |
1/01/28 @ Par |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
108.900% / 109.900% |
| Bid Details |
Max. Coupon: 5.000%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
Zero Coupons Not Allowed
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
For Bonds maturing on/after 2029 the minimum reoffering price is 98.50% |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Gilmore & Bell, P.C.
and
Clayborn & Associates, LLC
Co-Bond Counsels
Kansas City, MO |
| Web
Site |
www.MuniAuction.com |
| Contact |
Hilltop Securities Inc.
Dallas, TX
Attn: George H. Williford
Phone: 214.953.8705
Email: george.williford@hilltopsecurities.com
and
Independent Public Advisors
Kansas City, MO
Co-Financial Advisors
|
|
|