Results of Competitive Sales

NEW YORK

Phoenix Village

Dec 30, 2014 . . . . . . $2,884,000

Bond Anticipation Notes, 2015 (Renewals) (bank qualified).

Dated Jan 8, 2015.

Due Jan 8, 2016.

Purchased $1,000,000.00 by NBT Bank, at 1.13%, effective rate 1.13%.

Purchased $1,884,000.00 by Oppenheimer, at 1.375%, plus $1,407.77, effective rate 1.3028%.

L.O.: Trespasz & Marquardt, LLP, Syracuse, NY.

F.A.: Fiscal Advisors & Marketing, Inc., Syracuse, NY.

Other bidders were:

Oppenheimer, Effective Rate 1.3003%

Jefferies, Effective Rate 1.619%

Roosevelt & Cross, Effective Rate 2.0%

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Competitive sales results
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