COLORADO
Brighton (City)
Feb 19, 2025 $84,875,000
Water Activity Enterprise Revenue Bonds (Water System Project), Series 2025 (book entry).
Dated Feb 27, 2025.
Due Jun 1, 2039 to 2055.
Callable Jun 1, 2035 at par.
Winning bid: Truist Secs, Inc., at 100.4515, TIC 4.3135%.
L.O.: Butler Snow, LLP, Denver, CO.
F.A.: Hilltop Securities Inc., Denver, CO.
Other bidders were:
Jefferies, TIC 4.4%
Baird, TIC 4.4067%
Piper Sandler, TIC 4.4151%
Wells Fargo Corp, TIC 4.416%
Mesirow Financial, TIC 4.4271%
Morgan Stanley, TIC 4.4499%
Stifel Nicolaus, TIC 4.4786%
JPMorgan, TIC 4.4882%
BNY Mellon Cap Mkts, TIC 4.5548%
ILLINOIS
Matteson School District No. 162
Feb 19, 2025 $14,510,000
General Obligation School Bonds, Series 2025 (book entry).
Dated Mar 12, 2025.
Due Dec 1, 2025 to 2045.
Callable Dec 1, 2034 at par.
Winning bid: KeyBanc Cap Mkts, at 107.9068, TIC 4.2341%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Mesirow Financial, TIC 4.3115%
Baird, TIC 4.3278%
Hilltop Securities, TIC 4.399%
Palatine Community Consolidated School District No. 15
Feb 19, 2025 $12,800,000
General Obligation Limited Tax School Bonds, Series 2025 (book entry).
Dated Mar 12, 2025.
Due Dec 1, 2025 to 2031.
Non-callable.
Winning bid: Cabrera Cap Mkts, at 110.5284, TIC 3.02%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: Raymond James & Associates, Inc., Chicago, IL; Raymond James & Associates, Inc., New York, NY; and Raymond James & Associates, Inc., Memphis, TN.
Other bidders were:
Piper Sandler, TIC 3.1004%
Fifth Third Secs, TIC 3.1086%
KeyBanc Cap Mkts, TIC 3.1219%
StoneX Fin Inc., TIC 3.1332%
Baird, TIC 3.2125%
Hilltop Securities, TIC 3.2288%
Jefferies, TIC 3.2716%
FHN Fin Cap Mkts, TIC 3.3681%
Villa Park School District No. 45
Feb 19, 2025 $2,970,000
General Obligation Limited Tax School Bonds, Series 2025 (bank qualified) (book entry).
Dated Mar 12, 2025.
Due Jan 1, 2026 to 2036.
Callable Jan 1, 2034 at par.
Winning bid: Brownstone Inv Grp, at 103.2573, TIC 3.6191%.
L.O.: Chapman and Cutler LLP, Chicago, IL.
F.A.: PMA Securities, Inc, Naperville, IL.
Other bidders were:
Baird, TIC 3.7189%
Raymond James, TIC 3.7901%
Stifel Nicolaus, TIC 3.9784%
MASSACHUSETTS
Marthas Vineyard Regional High School District
Feb 19, 2025 $1,122,807
Bond Anticipation Notes (bank qualified).
Dated Mar 5, 2025.
Due Nov 19, 2025.
Purchased $1,122,807.00 by Oppenheimer, at 4.0%, plus $1,325.00, effective rate 3.832%.
F.A.: UniBank Fiscal Advisory Services, Inc., Whitinsville, MA.
Other bidders were:
UniBank Fiscal Adv, Effective Rate 4.5%
Cape Cod 5 Cents Svg, Effective Rate 4.6%
MICHIGAN
Sparta Village
Feb 20, 2025 $2,445,000
General Obligation Limited Tax Bonds, Series 2025.
Dated Mar 12, 2025.
Due Dec 1, 2025 to 2044.
Callable Dec 1, 2034 at par.
Winning bid: UMB Bank, at 105.0148, TIC 3.8121%.
L.O.: Dickinson Wright PLLC, Grand Rapids, MI.
F.A.: MFCI, LLC, Milford, MI.
Other bidders were:
Baird, TIC 3.8139%
Fidelity Capital, TIC 3.8282%
BOSC, TIC 3.8393%
StoneX Fin Inc., TIC 3.8736%
Brownstone Inv Grp, TIC 3.8935%
TD Securities, TIC 3.9379%
Bernardi Securities, TIC 3.9605%
NEW JERSEY
Bordentown (City)
Feb 20, 2025 $3,180,000
Bond Anticipation Notes, Series 2025A (bank qualified) (book entry).
Dated Mar 6, 2025.
Due Mar 5, 2026.
Purchased $3,180,000.00 by Oppenheimer, at 4.25%, plus $32,118.00, effective rate 3.2372%.
L.O.: Malamut & Associates, LLC, Cherry Hill, NJ.
F.A.: Acacia Financial Group, Inc., Mount Laurel, NJ.
Other bidders were:
Piper Sandler, Effective Rate 3.2737%
BNY Mellon Cap Mkts, Effective Rate 3.2989%
TD Securities, Effective Rate 3.3372%
Collingswood Borough
Feb 20, 2025 $2,050,000
Bond Anticipation Notes of 2025, Series A (bank qualified).
Dated Mar 13, 2025.
Due Mar 12, 2026.
Purchased $2,050,000.00 by First Colonial, at 3.5%, effective rate 3.5%.
L.O.: Parker, McCay, P.A., Mount Laurel, NJ.
F.A.: Phoenix Advisors, LLC, Bordentown, NJ.
Other bidders were:
East Brunswick Twp, Effective Rate 3.65%
Janney Montgomery, Effective Rate 3.7714%
Hudson County
Feb 19, 2025 $210,954,561
Bond Anticipation Notes, Series 2025.
Dated Feb 27, 2025.
Due Feb 26, 2026.
Purchased $210,954,561.00 by BofA Securities, at 4.0%, plus $2,630,603.37, effective rate 2.7495%.
L.O.: Wilentz, Goldman & Spitzer, Woodbridge, NJ.
F.A.: NW Financial Group, Bloomfield, NJ.
Other bidders were:
Wells Fargo Corp, Effective Rate 2.8151%
BNY Mellon Cap Mkts, Effective Rate 2.8269%
Jefferies, Effective Rate 2.8277%
TD Securities, Effective Rate 2.8679%
JPMorgan, Effective Rate 2.8929%
Leonia Borough
Feb 20, 2025 $7,515,269
General Obligation Bond Anticipation Note Sale (bank qualified).
Dated Feb 27, 2025.
Due Feb 27, 2026.
Purchased $7,515,269.00 by Piper Sandler, at 3.7%, plus $2,029.12, effective rate 3.673%.
L.O.: Rogut McCarthy LLC, Cranford, NJ.
F.A.: Municipal Official(s).
NEW YORK
Amagansett Union Free School District
Feb 20, 2025 $1,780,000
School District Serial Bonds - 2025 (bank qualified) (book entry).
Dated Mar 12, 2025.
Due Mar 1, 2026 to 2040.
Callable Mar 1, 2032 at par.
Winning bid: Brownstone Inv Grp, at 106.7688, TIC 3.2746%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Loop Capital, TIC 3.2755%
Roosevelt & Cross, TIC 3.2789%
TD Securities, TIC 3.3054%
BNY Mellon Cap Mkts, TIC 3.3221%
Baker Group, TIC 3.3335%
SWBC Investment Svcs, TIC 3.353%
Baird, TIC 3.3859%
Fidelity Capital, TIC 3.437%
Bank of Greene Co, TIC 4.69%
Colonie (Town)
Feb 20, 2025 $34,307,200
Bond Anticipation Notes, Series 2025A.
Dated Mar 6, 2025.
Due Mar 6, 2026.
Purchased $34,307,200.00 by TD Securities, at 4.0%, plus $379,437.63, effective rate 2.894%.
L.O.: Hodgson, Russ LLP, Albany, NY.
F.A.: Munistat Services, Inc., Port Jefferson, NY.
Other bidders were:
Jefferies, Effective Rate 2.903%
BNY Mellon Cap Mkts, Effective Rate 2.9444%
Oppenheimer, Effective Rate 3.032%
JPMorgan, Effective Rate 3.087%
Bank of Greene Co, Effective Rate 3.75%
Elba Town
Feb 20, 2025 $1,285,000
Bond Anticipation Notes, 2025 (bank qualified).
Dated Mar 13, 2025.
Due Mar 12, 2026.
Purchased $1,285,000.00 by Roosevelt & Cross, at 4.0%, plus $3,482.00, effective rate 3.7282%.
L.O.: Hodgson, Russ LLP, Buffalo, NY.
F.A.: Municipal Solutions, Inc., LeRoy, NY; and Municipal Solutions, Inc., Canandaigua, NY.
Other bidders were:
Oppenheimer, Effective Rate 3.9355%
Bank of Greene Co, Effective Rate 4.19%
Ogdensburg (City)
Feb 20, 2025 $4,314,000
General Obligations Bond Anticipation Notes, 2025 (Renewals) (bank qualified).
Dated Mar 6, 2025.
Due Mar 6, 2026.
Purchased $4,314,000.00 by Bank of Greene Co, at 4.19%, effective rate 4.19%.
L.O.: Orrick, Herrington & Sutcliffe, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
Roosevelt & Cross, Effective Rate 4.288%
Oppenheimer, Effective Rate 5.4896%
South Orangetown Central School District
Feb 20, 2025 $7,500,000
Bond Anticipation Notes, 2025.
Dated Mar 6, 2025.
Due Aug 6, 2025.
Purchased $7,500,000.00 by Jefferies, at 3.75%, plus $18,979.00, effective rate 3.1427%.
L.O.: Hawkins, Delafield & Wood, New York, NY.
F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.
Other bidders were:
TD Securities, Effective Rate 3.2104%
Piper Sandler, Effective Rate 3.2268%
Oppenheimer, Effective Rate 3.38%
PENNSYLVANIA
Lower Merion Township
Feb 19, 2025 $24,100,000
General Obligation Bonds, Series of 2025 (book entry).
Dated Mar 27, 2025.
Due Jul 15, 2026 to 2045.
Callable Jan 15, 2033 at par.
Winning bid: Janney Montgomery, at n/a, TIC 3.7139%.
L.O.: Saul Ewing LLP, Philadelphia, PA.
F.A.: FSL Public Finance, LLC, Reading, PA.
Other bidders were:
BNY Mellon Cap Mkts, TIC 3.7153%
Mesirow Financial, TIC 3.7626%
JPMorgan, TIC 3.7659%
Morgan Stanley, TIC 3.7746%
TD Securities, TIC 3.7804%
Baird, TIC 3.7864%
Huntington Secs, TIC 3.787%
PNC Capital Markets, TIC 3.7979%
Truist Secs, Inc., TIC 3.8271%
KeyBanc Cap Mkts, TIC 3.8628%
Loop Capital, TIC 3.9868%
TEXAS
Harris County Municipal Utility District No. 365
Feb 20, 2025 $975,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Mar 1, 2025.
Due Sep 1, 2025 to 2033.
Callable Sep 1, 2031 at par.
Winning bid: Raymond James, at 99.8570, NIC 3.5542%.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Baird, NIC 3.8849%
SAMCO Cap Mkts, NIC 4.1872%
Hilltop Securities, NIC 4.2525%
Crews & Associates, NIC 4.3896%
North Park Public Utility District
Feb 19, 2025 $4,875,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Mar 1, 2025.
Due May 1, 2032 to 2049.
Callable May 1, 2031 at par.
Winning bid: Baker Group, at 97.0648, NIC 4.1896%.
L.O.: Smith, Murdaugh, Little & Bonham, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
SAMCO Cap Mkts, NIC 4.202%
Baird, NIC 4.2823%
Raymond James, NIC 4.2867%
Stifel Nicolaus, NIC 4.2935%
UMB Bank, NIC 4.295%
TD Securities, NIC 4.3161%
Hilltop Securities, NIC 4.3634%
Port Aransas (City)
Feb 20, 2025 $7,705,000
Combination Tax and Limited Pledge Revenue Certificates of Obligation, Series 2025 (bank qualified) (book entry).
Dated Mar 1, 2025.
Due Feb 1, 2026 to 2040.
Callable Feb 1, 2034 at par.
Winning bid: BOK Fin Secs, at 105.4122, TIC 3.5825%.
L.O.: Norton Rose Fulbright US LLP, Austin, TX; and State Attorney General.
F.A.: SAMCO Capital Markets, San Antonio, TX.
Other bidders were:
Raymond James, TIC 3.6072%
TD Securities, TIC 3.6536%
Hilltop Securities, TIC 3.6815%
Baird, TIC 3.6983%
BNY Mellon Cap Mkts, TIC 3.724%
Duncan-Williams, TIC 3.7956%
Port O'Connor Improvement District
Feb 20, 2025 $7,390,000
Unlimited Tax Bonds, Series 2025 (bank qualified) (book entry).
Dated Mar 1, 2025.
Due Sep 1, 2026 to 2051.
Callable Sep 1, 2031 at par.
Winning bid: SAMCO Cap Mkts, at 97.2011, NIC 4.3668%.
Other managers: FHN Financial Capital Markets, Intercoastal Capital Markets, Inc., M. E. Allison & Co., Inc., R. Seelaus & Co., Inc., Ramirez & Co., Inc., CINCaP Investment Group, Estrada Hinojosa & Company, Inc., Carty, Harding, & Hearn, Inc., Bancroft Capital, LLC, StoneX Financial Inc., Cadz Securities Inc,.
L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.
F.A.: Masterson Advisors LLC, Houston, TX.
Other bidders were:
Baird, NIC 4.4132%
Raymond James, NIC 4.4693%
Hilltop Securities, NIC 4.6589%
Wickson Creek Special Utility District
Feb 20, 2025 $44,920,000
Waterworks System Revenue Bonds, Series 2025 (book entry).
Dated Feb 15, 2025.
Due Jan 10, 2026 to 2045.
Callable Jan 10, 2032 at par.
Winning bid: Baird, at 99.9149, NIC 4.0935%.
Other managers: CL King & Associates, Edward Jones, Davenport & Company LLC, Northland Securities, Inc., Midland Securities Ltd, Celadon Financial Group, LLC, Multi-Bank Securities Inc., Dinosaur Securities, First Bankers' Banc Securities Inc., Mountainside Securities LLC, Blaylock Van, LLC, InspereX LLC, A.G.P./Alliance Global Partners, Caldwell Sutter Capital, Inc., ZIONS BANK division of ZB, N.A..
L.O.: McCall Parkhurst & Horton, Dallas, TX; and State Attorney General.
F.A.: Specialized Public Finance Inc., Dallas, TX; and Specialized Public Finance Inc., Austin, TX.
Other bidders were:
Wells Fargo Corp, NIC 4.11%
Mesirow Financial, NIC 4.1297%
Hilltop Securities, NIC 4.1481%
Raymond James, NIC 4.19%
WISCONSIN
Fall River School District
Feb 19, 2025 $9,850,000
General Obligation Promissory Notes (book entry).
Dated Apr 2, 2025.
Due Apr 1, 2026 to 2045.
Callable Apr 1, 2033 at par.
Winning bid: Hilltop Securities, at 101.1157, TIC 4.3411%.
L.O.: Quarles & Brady, Milwaukee, WI.
F.A.: Baird, Milwaukee, WI.
Other bidders were:
StoneX Fin Inc., TIC 4.4094%
BOK Fin Secs, TIC 4.4175%
TD Securities, TIC 4.4231%
Bernardi Securities, TIC 4.4636%
Northland Securities, TIC 4.4893%