Department of Finance city of chicago
January 21, 2016
Susana Mendoza -e-
cn
City Clerk
121 North LaSalle Street, Room 107 Chicago, Illinois 60602
RE: City of Chicago, Illinois, $500,000,000 General Obligation Bonds Series 2015C (the "Bonds") Dear Ms. Mendoza,
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 the Series 2015C Bonds, which was passed by the City Council on September 24, 2015.
Very Truly Yours,
Carole L. Brown Chief Financial Officer
121 NORTH LASALLE STREET, SUITE 700, CHICAGO, ILLINOIS H0602
State of Illinois )
) SS
County of Cook )
Notification of Sale $500,000,000
General Obligation Refunding Bonds, Series 2015C Being Issued by the City of Chicago
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 Council") of the City of Chicago (the "City") on September 24, 2015, authorizing the issuance of up to $500,000,000 aggregate principal amount of general obligation bonds of the City, plus original issue discount, a Bond Purchase Agreement dated January 12, 2016 (the "Bond Purchase Agreement"), providing for the sale of $500,000,000 aggregate principal amount of General Obligation Refunding Bonds, Series 2015C (the "Bonds"), was entered into by me as the Chief Financial Officer ofthe City, with the concurrence of the Chairman of the Committee on Finance of the City Council of the City, and the purchasers thereof named below (the "Underwriters"). The Bonds are being issued pursuant to the terms of a trust indenture dated as of January 1, 2016 (the "Indenture"), by and between the City and Zions Bank, a division of ZB, National Association, Chicago, Illinois, as Trustee, Bond Registrar and Paying Agent for the Bonds (the "Trustee ").
The Bonds were sold at a purchase price of $520,923,950.05 (representing th...
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