Department of Finance
CITY OF CHICAGO
October 19,2015
Susana Mendoza City Clerk
121 North LaSalle Street Room 107
Chicago, Illinois 60602
RE: City of Chicago, Illinois
Wastewater Transmission Revenue Bonds, Series 2015
Dear Ms. Mendoza:
Attached is the Determination Certificate which is required to be filed with your office pursuant to Section (3.5(e)) of the ordinance issuing City of Chicago Wastewater Transmission Revenue Bonds, Series 2015, which was passed by the City Council on September 24th, 2015.
Please direct this filing to the City Council.
Carole L. Bqpwn Chief Financial Officer
121 NORTH LASALLE STREET, ROOM 107A. CHICAGO, ILLINOIS 60602-1288
CITY OF CHICAGO
City Council
City of Chicago
121 North LaSalle Street
Chicago, Illinois 60602
$87,080,000
Second Lien Wastewater Transmission Revenue Bonds, Series 2015 (Taxable)
DETERMINATION CERTIFICATE
An ordinance adopted by the City Council of the City of Chicago (the "City") on September 24, 2015 (the "2015 Bond Ordinance"), authorized the issuance of not to exceed $125,000,000 aggregate principal amount of Wastewater Transmission Revenue Bonds, Series 2015 (Taxable) (the "Series 2015 Bonds") of the City. The 2015 Bond Ordinance authorized the Chief Financial Officer of the City or, if the Chief Financial Officer so determines and designates, the City Comptroller of the City (the "Authorized Officer") to (a) determine the amount and an identification of the Short Term Obligations to be refunded and the date upon which the refunding is to be effected, (b) determine the identification of the interest-rate swaps that related to the Outstanding Series 2008C Second Lien Bonds and are being terminated and the cost of terminating each such swap, (c) various terms and provisions of the Series 2015 Bonds within limitations established by the 2015 Bond Ordinance, (d) execute on behalf of the City a Bond Purchase Agreement for the sale by the City of the Series 2015 Bonds to the Initia...
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