Record #: F2020-5   
Type: Communication Status: Placed on File
Intro date: 2/19/2020 Current Controlling Legislative Body:
Final action: 2/19/2020
Title: Notification of sale of Sales Tax Securitization Corporation Second Lien Sales Tax Securitization Bonds,Series 2020A and 2020B
Sponsors: Dept./Agency
Attachments: 1. F2020-5.pdf
Department of Finance
CTTY OF CHICAGO


January 30, 2020
Andrea M. Valencia City Clerk
121 N. LaSalle St., Room 107 Chicago, IL 60602

Re: Sales Tax Securitization Corporation Second Lien Sales Tax Securitization Bonds, Series 2020A and Series 2020B

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 ofthe 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,


















121 NORTH LASALLE STREET, SUITE 700, CHICAGO, ILLINOIS 60602

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NOTIFICATION OF SALE


City Council of the City of Chicago Office ofthe 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 $1,016,915,000 aggregate principal amount of Second Lien Sales Tax Securitization Bonds, consisting of (a) Series 2020A in the aggregate principal amount of $521,105,000 (the "Series 2020A Bonds"), and (b) Taxable Series 2020B in the aggregate principal amount of $495,810,000 (the "Series 2020B Bonds" and, together with the Series 2020A Bonds, the "Series 2020AB Bonds"), I am filing with you this notification of sale and providing additional information regarding the Series 2020AB 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 2020AB Bonds describe the following information:

(i) Exhibit ...

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