Title
Report on the results of the sale of $20,000,000 General Obligation Bonds, Sales Tax Alternate Revenue Source, Series 2011A.
Body
• Summary of Results of Transportation Bond Sale.
• The County Board authorized an ordinance for the issuance and sale of $20,000,000 of General Obligation Bonds, Sales Tax Alternate Revenue Source, Series 2011A on March 15, 2011.
• The bond sale occurred on May 9, 2011, at which time designated officials authorized and approved the sale.
• A report will be presented by Barbara Chevalier, Vice President, of Speer Financial, Inc. to the Lake County Board at the May 10, 2011, meeting summarizing the bond sale results.