ILLINOIS
Lake Bluff Park District
Feb 3, 2025 $1,725,000
General Obligation Limited Tax Park Bonds, Series 2025 (bank qualified).
Dated Feb 18, 2025.
Due Dec 15, 2025 to 2029.
Non-callable.
Winning bid: Time Bank, at n/a, NIC 3.55%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Speer Financial, Inc., Chicago, IL.
Other bidders were:
Wintrust Bank, NIC 3.73%
JPMorgan Chase, NIC 4.01%
Peoples Natl Bk, NIC 4.18%
Huntington Pub Cap, NIC 4.48%
IOWA
Dubuque (City)
Feb 3, 2025 $6,420,000
General Obligation Corporate Purpose Bonds, Series 2025A (book entry).
Dated Mar 4, 2025.
Due Jun 1, 2026 to 2044.
Callable Jun 1, 2033 at par.
Winning bid: Baird, at 105.1913, TIC 3.7903%.
Other managers: CL King & Associates, Edward Jones, Colliers Securities LLC, Crews & Associates, Inc., SouthState | DuncanWilliams Securities Corp., Bernardi Securities, Inc., Oppenheimer & Co., Inc., Carty & Company, Inc., Northland Securities, Inc., Country Club Bank, Cadz Securities Inc,, Celadon Financial Group, LLC, Middlegate Securities, A.G.P./Alliance Global Partners, FMSbonds, Inc., First Kentucky Securities Corp., Isaak Bond Investments, Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Independent Public Advisors, LLC, West Des Moines, IA.
Other bidders were:
TD Securities, TIC 3.8051%
Janney Montgomery, TIC 3.8095%
FHN Fin Cap Mkts, TIC 3.8524%
Brownstone Inv Grp, TIC 3.9%
BOK Fin Secs, TIC 3.9331%
Hilltop Securities, TIC 3.9418%
KANSAS
Seward County
Feb 3, 2025 $5,660,000
General Obligation Bonds, Series 2025 (bank qualified) (book entry).
Dated Feb 26, 2025.
Due Aug 1, 2026 to 2035.
Callable Aug 1, 2032 at par.
Winning bid: Piper Sandler, at 107.6769, TIC 3.2551%.
Other managers: Cantor Fitzgerald & Company.
L.O.: Gilmore & Bell, Wichita, KS.
F.A.: Stifel, Nicolaus & Co., Inc., Wichita, KS.
Other bidders were:
Morgan Stanley, TIC 3.2649%
Country Club Bank, TIC 3.2656%
Baird, TIC 3.2767%
Janney Montgomery, TIC 3.2907%
Commerce Bank, TIC 3.2969%
BOK Fin Secs, TIC 3.3373%
Raymond James, TIC 3.3497%
Hilltop Securities, TIC 3.363%
Baker Group, TIC 3.3671%
FHN Fin Cap Mkts, TIC 3.3749%
MICHIGAN
Oak Park School District
Feb 3, 2025 $22,395,000
2025 School Building and Site Bonds, Series III (General Obligation - Unlimited Tax) (Michigan School Bond Qualification and Loan Program).
Dated Feb 27, 2025.
Due Nov 1, 2025 to 2054.
Callable May 1, 2035 at par.
Winning bid: Baird, at 99.0000, TIC 4.3451%.
Other managers: CL King & Associates, Edward Jones, Davenport & Company LLC, Stifel, Nicolaus & Co., Inc., Crews & Associates, Inc., Northland Securities, Inc., Bernardi Securities, Inc., Oppenheimer & Co., Inc., Carty & Company, Inc., Bank of New York Mellon Capital Markets, LLC, Cadz Securities Inc,, A.G.P./Alliance Global Partners, Midland Securities Ltd, Celadon Financial Group, LLC, FMSbonds, Inc., Multi-Bank Securities Inc., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc..
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: Baker Tilly Municipal Advisors, LLC, East Lansing, MI.
Other bidders were:
BofA Securities, TIC 4.3488%
Fidelity Capital, TIC 4.3712%
UBS Financial Svcs, TIC 4.3783%
TD Securities, TIC 4.4039%
KeyBanc Cap Mkts, TIC 4.4746%
MISSOURI
Belton (City)
Feb 3, 2025 $15,250,000
General Obligation Bonds, Series 2025 (book entry).
Dated Feb 19, 2025.
Due Mar 1, 2026 to 2041.
Callable Mar 1, 2032 at par.
Winning bid: Baird, at 105.1119, TIC 3.5558%.
Other managers: Edward Jones, CL King & Associates, Crews & Associates, Inc., Davenport & Company LLC, Colliers Securities LLC, Stifel, Nicolaus & Co., Inc., Northland Securities, Inc., SouthState | DuncanWilliams Securities Corp., Oppenheimer & Co., Inc., Country Club Bank, Central States Capital Markets, LLC, Cadz Securities Inc,, Carty & Company, Inc., Middlegate Securities, A.G.P./Alliance Global Partners, UMB Bank, N.A.., Celadon Financial Group, LLC, Bank of New York Mellon Capital Markets, LLC, Valdes & Moreno, Inc., Midland Securities Ltd, FMSbonds, Inc., Isaak Bond Investments, Inc., D.A. Davidson & Co., First Southern LLC, Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, StoneX Financial Inc., Blaylock Van, LLC, Falcon Square Capital, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Piper Sandler & Co, Leawood, KS.
Other bidders were:
Mesirow Financial, TIC 3.5874%
UBS Financial Svcs, TIC 3.5991%
Janney Montgomery, TIC 3.6079%
BOK Fin Secs, TIC 3.6192%
Fifth Third Secs, TIC 3.6528%
Hilltop Securities, TIC 3.6696%
KeyBanc Cap Mkts, TIC 3.6706%
TEXAS
Bellaire (City)
Feb 3, 2025 $6,955,000
Tax and Revenue Certificates of Obligation, Series 2025 (book entry).
Dated Mar 1, 2025.
Due Feb 15, 2026 to 2050.
Callable Feb 15, 2034 at par.
Winning bid: BOK Fin Secs, at 102.0201, TIC 3.9939%.
L.O.: Johnson Petrov LLP, Houston, TX; and State Attorney General.
F.A.: U.S. Capital Advisors LLC, Houston, TX.
Other bidders were:
Bancroft Capital, TIC 4.0194%
Baird, TIC 4.0241%
SWBC Investment Svcs, TIC 4.0398%
Raymond James, TIC 4.0711%
Hilltop Securities, TIC 4.0872%
TD Securities, TIC 4.1021%
KeyBanc Cap Mkts, TIC 4.1116%
Brazoria County Municipal Utility District No. 42
Feb 3, 2025 $4,900,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Mar 1, 2025.
Due Apr 1, 2027 to 2052.
Callable Apr 1, 2030 at par.
Winning bid: SAMCO Cap Mkts, at 97.0095, NIC 4.7789%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: GMS Group, L.L.C., Houston, TX.
Other bidders were:
RBC Capital Mkts, NIC 4.8335%
Hilltop Securities, NIC 4.9468%
Fate (City)
Feb 3, 2025 $18,830,000
General Obligation Bonds, Series 2025 (book entry).
Dated Feb 1, 2025.
Due Feb 15, 2026 to 2045.
Callable Feb 15, 2034 at par.
Winning bid: BofA Securities, at 106.9391, TIC 3.7858%.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Fort Worth, TX.
Other bidders were:
BOK Fin Secs, TIC 3.7939%
Fidelity Capital, TIC 3.8597%
Mesirow Financial, TIC 3.88%
Baird, TIC 3.8936%
KeyBanc Cap Mkts, TIC 3.8937%
JPMorgan, TIC 3.8961%
TD Securities, TIC 3.8993%
SAMCO Cap Mkts, TIC 3.9241%
Duncan-Williams, TIC 3.9333%
Huntington Secs, TIC 3.9858%
Crews & Associates, TIC 4.009%
Krum (City)
Feb 3, 2025 $30,810,000
Certificates of Obligation, Series 2025 (book entry).
Dated Mar 5, 2025.
Due Feb 15, 2026 to 2055.
Callable Feb 15, 2034 at par.
Winning bid: BofA Securities, at 104.0000, TIC 4.1551%.
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Hilltop Securities Inc., Dallas, TX.
Other bidders were:
BOK Fin Secs, TIC 4.211%
Baird, TIC 4.2419%
Raymond James, TIC 4.2437%
SAMCO Cap Mkts, TIC 4.2721%
Wells Fargo Corp, TIC 4.287%
Jefferies, TIC 4.2884%
JPMorgan, TIC 4.2979%
Mesirow Financial, TIC 4.3294%
TAXABLE ISSUES
ILLINOIS
De Witt, Ford, et al Counties Community College District No. 540 (Heartland)
Feb 3, 2025 $15,110,000
Taxable General Obligation Bonds, Series 2025A (book entry).
Dated Feb 25, 2025.
Due Dec 1, 2026 to 2035.
Non-callable.
Winning bid: Northland Securities, at 100.5887, TIC 4.9077%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
FHN Fin Cap Mkts, TIC 4.9741%
Hilltop Securities, TIC 4.9776%
Piper Sandler, TIC 4.9995%
Baird, TIC 5.0005%
Raymond James, TIC 5.0042%
Janney Montgomery, TIC 5.0584%
BOK Fin Secs, TIC 5.1039%
KeyBanc Cap Mkts, TIC 5.2437%
IOWA
Dubuque (City)
Feb 3, 2025 $8,370,000
Taxable General Obligation Corporate Purpose Bonds, Series 2025B (book entry).
Dated Mar 4, 2025.
Due Jun 1, 2026 to 2044.
Callable Jun 1, 2033 at par.
Winning bid: Northland Securities, at 99.3551, TIC 5.0989%.
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Independent Public Advisors, LLC, West Des Moines, IA.
Other bidders were:
Baird, TIC 5.1723%
Piper Sandler, TIC 5.2177%
BOK Fin Secs, TIC 5.2971%
Janney Montgomery, TIC 5.3123%
Dubuque (City)
Feb 3, 2025 $8,945,000
Taxable General Obligation Urban Renewal Bonds, Series 2025C (book entry).
Dated Mar 4, 2025.
Due Jun 1, 2029 to 2044.
Callable Jun 1, 2033 at par.
Winning bid: Northland Securities, at 99.1271, TIC 5.1526%.
L.O.: Dorsey & Whitney, Des Moines, IA.
F.A.: Independent Public Advisors, LLC, West Des Moines, IA.
Other bidders were:
Baird, TIC 5.184%
Piper Sandler, TIC 5.2341%
BOK Fin Secs, TIC 5.3109%
Janney Montgomery, TIC 5.3197%