| Issuer |
City of Lancaster |
| State |
Pennsylvania |
|
Amount1 |
$11,800,000 |
| Type
Issue/Series |
General Obligation Bonds,
Series A of 2016 |
|
Rating |
Moody's: A1 |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder required to wire $118,000 to the Issuer. See NOS for Details. |
|
|
Sale Date |
10/25/16 |
|
Dated Date |
11/22/16 |
| Settlement
Date2 |
11/22/16
|
|
Sale Time |
11:00 AM - 11:17 AM Eastern Time |
|
|
Interest Due |
5/1, 11/1 |
| Principal Due |
11/01/18 - 11/01/36 |
| First Interest
Date |
5/01/17 |
| Call Dates |
11/01/26 @ 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 |
Kegel Kelin Almy & Lord LLP,
Lancaster, PA |
| Web
Site |
www.MuniAuction.com |
| Contact |
Concord Public Financial Advisors, Inc.,
2938 Columbia Avenue, Suite 1002
Lancaster PA 17603
Attn: Mr. Daryl Peck
Phone: (717) 295-2300
E-mail: DPeck@ConcordPublicFinance.com |
|
|