| Issuer |
City of Topeka |
| State |
Kansas |
|
Amount1 |
$10,520,000 |
| Type
Issue/Series |
Taxable Combined Utility Improvement Revenue Bonds
consisting collectively of:
$1,005,000* Series 2010-A (Build America Bonds-Direct Pay),
$9,360,000* Series 2010-B (Recovery Zone Economic Development Bonds), and
$155,000* Series 2010-C |
|
Rating |
Moody's Investors Service: Aa3 |
| Bank
Qualified |
No |
|
Good Faith |
$210,400 (2% of par) wire, surety or check made payable to the City of Topeka, KS, prior to bidding. See NOS for detailed instructions. |
|
|
Sale Date |
8/24/10 |
|
Dated Date |
9/22/10 |
| Settlement
Date2 |
9/22/10
|
|
Sale Time |
10:00 AM - 10:30 AM Eastern Time |
|
|
Interest Due |
2/1, 8/1 |
| Principal Due |
8/01/20 - 8/01/40 |
| First Interest
Date |
2/01/11 |
| Call Dates |
8/01/20 @ Par |
| Term Bonds |
Allowed - Starting 2024 |
|
Min. Bid Price
|
98.000% |
| Bid Details |
Max. Coupon: 9.630%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
For Bonds maturing on and after 2021, no maturity may be reoffered at a yield more than 0.10% higher than the interest rate on the Bonds.
No Bonds mature in the years 2021-2023, inclusive.
The 2028 maturity must be either a serial bond or the final maturity of a term bond, i.e., term bonds for the Series A and Series B bonds cannot overlap.
|
|
| Bid Format |
All-Or-None |
| Auction Format |
Closed |
| Award Basis
|
TIC to Settlement Date |
| Two-Minute Rule
|
No |
| Bond Counsel |
Nichols and Wolfe Chartered
Bank of America Tower
534 S. Kansas Ave., Suite 1120
Topeka, KS 66603-3409
Telephone: 785-233-4151
Facsimile: 785-234-3861 |
| Web
Site |
www.ColumbiaCapitalAuction.com |
| Contact |
Columbia Capital Management, LLC
6330 Lamar Ave., Suite 200
Overland Park, Kansas 66202
ATTN: Kelsi Powell
Telephone: 913-312-8055
Facsimile: 913-248-8900
E-mail:kpowell@columbiacapital.com
www.columbiacapital.com |
|
|