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Record #: F2018-70   
Type: Communication Status: Placed on File
Intro date: 12/12/2018 Current Controlling Legislative Body:
Final action: 12/12/2018
Title: Notification and filing of authorization for various bond redemptions, issuance of sales tax resecuritization bonds, and Offering Circular for Series 2018C Bond Sale
Sponsors: Dept./Agency
Attachments: 1. F2018-70.pdf



DhPARTMl'.NT OF Law CITY Ol- CHIC ACQ

December 4, 2018


Andrea M. Valencia City Clerk
121 N. LaSalle St., Room 107 Chicago, IL 60602

Re: Sales Tax Securitization Corporation
Sales Tax Securitization Bonds, Series 2018C

Dear Ms. Valencia:

Attached is the Notification of Sale which is required to be filed with your office pursuant to Section 5(j) and Section 6(a) of the Ordinance Establishing the Sales Tax Securitization Corporation and Providing for Certain Related Matters of the City Council of the City, approved by the City Council of the City of Chicago on October 11, 2017.

Please direct this filing to the City Council.

Very truly yours,



Carole L. Brown Chief Financial Officer













4812-5398-7925 1

, Doc. No. 27

NOTIFICATION OF SALE

City Council ofthe City of Chicago Office of the City Clerk 121 N. LaSalle St., Room 107 Chicago, IL 60602

Pursuant to Section 5(j) and Section 6(a) of the Ordinance Establishing the Sales Tax Securitization Corporation and Providing for Certain related Matters of the City Council of the City (the "Ordinance"), approved by the City Council of the City of Chicago on October 11, 2017, authorizing the issuance by the Sales Tax Securitization Corporation (the "Corporation") of $612,420,000 aggregate principal amount of Sales Tax Securitization Bonds, Series 2018C (the "Series 2018 Bonds"), 1 am filing with you this notification of sale and providing additional information regarding the Series 2018 Bonds. Unless otherwise defined, capitalized terms are , used as defined in the Ordinance.
The attached Exhibits excerpted from the Offering Circular relating to the Series 2018 Bonds describe the following information:
Exhibit 1 describes the series designation, the aggregate principal amount and maturity schedule for the Series 2018 Bonds, the interest rates on the Series 2018 Bonds and whether such interest is tax-exempt or taxable;
Exhibit 2 describes the authorized denominations and redemption provisions for ...

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