| Issuer |
Mohawk Area School District |
| State |
Pennsylvania |
|
Amount1 |
$8,355,000 |
| Type
Issue/Series |
General Obligation Bonds,
Series of 2012 |
|
Rating |
Moodys Aa3 (negative outlook)(based on State Intercept Program) with an underlying of Moodys A1 |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder will be required to wire $83,550 to the School District as bid security by 3:00 p.m. on Jan. 9, 2012. Please see page 7 of the NOS for wire instructions for the bid security. |
|
|
Sale Date |
1/09/12 |
|
Dated Date |
2/21/12 |
| Settlement
Date2 |
2/21/12
|
|
Sale Time |
11:00 AM - 11:19 AM Eastern Time |
|
|
Interest Due |
5/1, 11/1 |
| Principal Due |
11/01/12 - 11/01/27 |
| First Interest
Date |
5/01/12 |
| Call Dates |
5/01/17 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.800% |
| 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 |
Cohen & Grigsby, P.C.
Pittsburgh, PA |
| Web
Site |
www.PFMauction.com |
| Contact |
Public Financial Management, Inc.
One Keystone Plaza, Suite 300
North Front & Market Streets
Harrisburg, PA 17101-2044
Telephone: 717-232-2723
ATTN: Jamie Doyle
E-mail: doylej@pfm.com
ATTN: Nicholas Peterson
E-mail: petersonn@pfm.com |
|
|