HomeMy WebLinkAbout25A Waterloo 3.560 GO UR TE Winning Bid Form$3,560,000 *
City of Waterloo, Black Hawk County, Iowa
General Obligation Urban Renewal Bonds,
Series 2025A
Best AON Bidder:
Best AON TIC:
Fidelity Capital Markets
3.849850 %
Serial/
Principal Sinker/
Due Amount * Term Coupon
Jun 1, 2027 $140,000 Serial 4.000%
Jun 1, 2028 $145,000 Serial 4.000%
Jun 1, 2029 $150,000 Serial 4.000%
Jun 1, 2030 $155,000 Serial 4.000%
Jun 1, 2031 $160,000 Serial 4.000%
Jun 1, 2032 $170,000 Serial 4.000%
Jun 1, 2033 $175,000 Serial 4.000%
Jun 1, 2034 $185,000 Serial 4.000%
Jun 1, 2035 $190,000 Serial 4.000%
Jun 1, 2036 $200,000 Serial 4.000%
Jun 1, 2037 $205,000 Serial 4.000%
Jun 1, 2038 $215,000 Serial 4.000%
Jun 1, 2039 $220,000 Serial 4.000%
Jun 1, 2040 $230,000 Serial 4.000%
Jun 1, 2041 $240,000 Serial 4.000%
Jun 1, 2042 $250,000 Serial 4.000%
Jun 1, 2043 $260,000 Serial 4.000%
Jun 1, 2044 $270,000 Serial 4.000%
Purchase Price: $3,608,102.40
Spread: None Entered
Time Submitted: January 6, 2025 at
11:28:10 AM EST
SpeerAuction Interest Cost Calculations
(for informational purposes only)
Issue Size
$3,560,000
Gross Interest
$1,689,484.44
Plus Discount/(Less Premium)
(48,102.40)
Total Interest Cost
$1,641,382.04
True Interest Rate
3.849850%
Total Bond Years
42,237.11
Average Life
11.864 Years
Firm: Fidelity Capital Markets
*Preliminary, subject to change
The foregoing bid as submitted or as revised post sale, if appropriate, was accepted and the
Securities sold by action of this Board, and receipt is hereby acknowledged of the good faith
Deposit, if any, which is being held in accordance with the terms of the annexed Official Notice
of Sale.
Signature:
Title:
Mayor