| Issuer |
Montgomery Area School District |
| State |
Pennsylvania |
|
Amount1 |
$7,350,000 |
| Type
Issue/Series |
General Obligation Bonds, Series A of 2010 |
|
Rating |
Standard & Poor's: A+ |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder required to wire $73,500 to the School by 3:00 p.m. on 08/11/10. Financial Advisor will contact the successful bidder with wire instructions. |
|
|
Sale Date |
8/11/10 |
|
Dated Date |
9/15/10 |
| Settlement
Date2 |
9/15/10
|
|
Sale Time |
12:00 PM - 12:22 PM Eastern Time |
|
|
Interest Due |
3/1, 9/1 |
| Principal Due |
3/01/11 - 3/01/27 |
| First Interest
Date |
3/01/11 |
| Call Dates |
9/01/15 @ 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 |
Mette, Evans, & Woodside,
Harrisburg, PA |
| Web
Site |
www.PFMauction.com |
| Contact |
Public Financial Management, Inc.
One Keystone Plaza, Suite 300
North Front & Market Streets
Harrisburg, PA 17101-2044
ATTN: Jamie Doyle
E-mail: doylej@pfm.com
ATTN: Christopher Bamber
E-mail: bamberc@pfm.com
Telephone: 717-232-2723
www.pfm.com |
|
|