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RECENTLY NEGOTIATED MUNICIPAL BOND ISSUES
UNDERWRITTEN
BY OUR PUBLIC FINANCE DEPARTMENT
$7,991,000
City of Carbondale, Jackson County, Illinois
$4,000,000 Taxable General Obligation Bonds, Series 2010A
(Recovery Zone Economic Development Bonds – Direct Payment)
$3,991,000 Taxable General Obligation Bonds, Series 2010B
(Build America Bonds – Direct Payment)
Description:
The bond proceeds were used to finance the acquisition and construction
of a public safety complex.
$5,000,000
Village of Lemont, Cook, DuPage and Will Counties, Illinois
Taxable General Obligation (Alternate Revenue Source) Bonds, Series
2010
Description:
The bond proceeds were used to finance improvements to the City’s
waterworks system.
$7,110,000
City of Pekin, Tazewell and Peoria Counties, Illinois
Taxable General Obligation Bonds, Series 2010
(Build America Bonds – Direct Payment)
Description:
The bond proceeds were used to finance improvements to the City’s
wastewater treatment plant.
$12,385,000
City of Sterling, Whiteside County, Illinois
$6,120,000 General Obligation Bonds (Alternate Revenue Source),
Series 2010A
(Recovery Zone Facility Bonds)
$1,270,000 General Obligation Refunding Bonds (Alternate Revenue
Source), Series 2010B
$995,000 General Obligation Refunding Bonds (Alternate Revenue Source),
Series 2010C
$4,000,000 Taxable General Obligation Bonds (Alternate Revenue Source),
Series 2010D
Description:
The Series 2010A bonds were used to finance improvements within
one of the City’s Redevelopment Project Areas. The Series
2010B and 2010C Bonds were used to refinance a portion of the City’s
existing debt. The Series 2010D bond proceeds were used for capital
improvements to the City Hall and Police Station.
$9,780,000
City of East Moline, Rock Island County, Illinois
$4,435,000 General Obligation Refunding Alternate Bonds (Waterworks
and Sewerage System Alternate Revenue Source), Series 2010A
$1,025,000 General Obligation Refunding Alternate Bonds (Motor Fuel
Tax Alternate Revenue Source), Series 2010B
$1,780,000 General Obligation Refunding Alternate Bonds (Tax Increment
and State Revenue Sharing Alternate Revenue Source), Series 2010C
$2,540,000 General Obligation Refunding Alternate Bonds (Tax Increment
and State Revenue Sharing Alternate Revenue Source), Series 2010D
Description:
The bond proceeds were used to refinance a portion of the City’s
outstanding debt to achieved debt service savings.
$23,615,000
Columbia Unit School District Number 4
Monroe and St. Clair County, Illinois
$18,055,000 General Obligation Refunding School Bonds, Series 2010A
$5,560,000 Taxable General Obligation School Bonds, Series 2010B
(Build America Bonds – Direct Payment)
Description:
The 2010A bond proceeds were used to refinance the District’s
Series 2003 Bonds. The 2010B bond proceeds were used to finance
fire prevention, health and life safety improvements.
$5,696,960
Johnson City Community Unit School District Number 1
Williamson County, Illinois
General Obligation Capital Appreciation Bonds, Series 2010
Description:
The bond proceeds were used to finance capital improvements to existing
educational facilities.
$10,730,000
Crawford County Hospital District, Crawford County, Illinois
Taxable General Obligation Hospital Bonds (Alternate Revenue Source)
Series 2010A (Build America Bonds – Direct Payment)
Description:
The bond proceeds were used to finance capital improvements at the
District’s hospital facilities to meet the District’s
Master Facility Plan.
$3,805,000
Mill Creek Water District, Adams County, Illinois
$950,000 Taxable Water Revenue Bonds, Series 2010A
(Recovery Zone Economic Development Bonds – Direct Payment)
$2,370,000 Taxable Water Revenue Bonds, Series 2010B
(Build America Bonds – Direct Payment)
$485,000 Waterworks Refunding Revenue Bonds, Series 2010C
Description:
The 2010A and 2010B bond proceeds were used to finance improvements
to the District’s waterworks system. The 2010C bond proceeds
were used to refinance the District’s Series 1998 Bonds.
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