December 14, 2010
Miguel Del Valle Cily Clerk
121 North LaSalle Street Room 107
Chicago, Illinois 60602
RE: City of Chicago, Illinois $213,555,000 General Obligation Bonds Taxable Project Series 2010B (Build America Bonds - Direct Payment)
Dear Mr. Del Valle:
Attached is the Notification of Sale which is required to be filed with your office pursuant to Section 12 of the ordinance authorizing the issuance of General Obligation Refunding Bonds Series 2010, which was passed by the City Council on July 28, 2010.
Please direct this filing to the City Council.
Very Truly Yours,
3HJ. J0 30UJ0
Notification of Sale
RECtiVEO ,ir . CITY CCUMC'L^',-.-
2010 DEC 1U PH3--31
$213,555,000
QPflCtOi" Wrt- General Obligation Bonds,
CITY CLERK Taxable Project Series 2010B
(Build America Bonds - Direct Payment)
Being Issued By The City Of Chicago
STATE OF ILLINOIS)
) SS
COUNTY OF COOK )
To: The City Council of the City of Chicago
Please be advised that responsive to authority contained in an Ordinance (the "Ordinance") adopted by the City Council (the "City Councir), of the City of Chicago (the "City") on July 28, 2010, authorizing the issuance of up to $900,000,000 aggregate principal amount of general obligation bonds of the City, a Bond Purchase Agreement dated December 1, 2010 (the "Bond Purchase Agreement") providing for the sale of $213,555,000 aggregate principal amount of General Obligation Bonds, Taxable Project Series 2010B (Build America Bonds - Direct Payment) (the "Series 2010B Bonds" ), was entered into by me as the Chief Financial Officer of the City, with the concurrence of the Chairman of the Committee on Finance of the City Council, and the purchasers thereof named below (the "Underwriters"). The Series 2010B Bonds were sold at a purchase price of $212,374,652.27 (representing the aggregate principal amount of the Series 2010B Bonds less an Underwriters' discount of $1,180,347.73).
The Underwriters for the Series 2010B Bonds are Loop Capital Mar...
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