Bonds

Bond Offering

2020 Consolidated Utility Systems Refunding Revenue Bonds

Offering Summary

Bond Details

Par Amount
$15,205,000
Retail Order Period Begins
No early retail period
Sale Date
July 15, 2020
Closing Date
August 6, 2020
Method of Sale
Competitive
Bond Type
Fixed Rate
Principal Payment Dates
October 1
Interest Payment Dates
October 1 and April 1
Optional Redemption
Noncallable
Expected Structure
Serial maturities 2021 to 2026
Denominations
$5,000
Tax Status
Interest on the Bonds is exempt from Federal income tax

Additional Information

The City of Tallahassee Consolidated Utility Systems Refunding Revenue Bonds, Series 2020, will refund outstanding maturities of its 2010B Consolidated Utility Systems Revenue Bonds.  The Summary Notice of Sale is expected to be published on or about June 30, 2020, with the POS/NOS expected to be published on July 8.

Offering Participants

Municipal Advisor

Bond Counsel

Disclosure Counsel