Results of Competitive Sales

MICHIGAN

Hazel Park City

Mar 31, 2016 . . . . . . $2,250,000

General Obligation Limited Tax Bonds, Series 2016 (bank qualified) (book entry).

Dated Apr 14, 2016.

Due Apr 1, 2017 to 2031.

Callable Apr 1, 2024 at par.

Winning bid: J.J.B. Hilliard, at 101.6835, TIC 2.5582%.

Due Amount Cpn Yield Conc Ins
4/1/17 $130,000 4.00% 1.00%
4/1/18 $135,000 4.00% 1.10%
4/1/19 $135,000 4.00% 1.30%
4/1/20 $140,000 3.00% 1.45%
4/1/21 $140,000 3.00% 1.60%
4/1/22 $140,000 3.00% 1.80%
4/1/23 $145,000 2.00% 2.00%
4/1/24 $150,000 2.00% 2.10%
4/1/25 $150,000 2.00% 2.10%
4/1/26 $155,000 2.25% 2.30%
4/1/27 $160,000 3.00% 2.40%
4/1/28 $165,000 3.00% 2.55%
4/1/29 $165,000 3.00% 2.70%
4/1/30 $170,000 3.00% 2.85%
4/1/31 $170,000 3.00% 3.00%

L.O.: Dickinson Wright PLLC, Detroit, MI.

F.A.: Bendzinski & Company, Detroit, MI.

Other bidders were:

Robert W. Baird, TIC 2.7179%

Fifth Third Secs, TIC 3.3786%

OKLAHOMA

Garfield County Independent School District No. 1 (Waukomis)

Apr 1, 2016 . . . . . . $350,000

Building Bonds of 2016 (bank qualified) (book entry).

Dated Jun 1, 2016.

Due Jun 1, 2018.

Non-callable.

Winning bid: Baker Group, at n/a, NIC 1.15%.

Due Amount Cpn Yield Conc Ins
6/1/18 $350,000 1.15% 0.90%

In association with: ACB Bank.

L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.

F.A.: Stephen L. Smith Corp., Jenks, OK.

Other bidders were:

Bank of Kremlin, NIC 1.25%

BOSC, NIC 1.3%

Garvin County Independent School District No. 18 (Pauls Valley)

Apr 1, 2016 . . . . . . $585,000

Building Bonds of 2016 (bank qualified) (book entry).

Dated Jun 1, 2016.

Due Jun 1, 2018.

Non-callable.

Winning bid: UMB Bank, at n/a, NIC 0.983%.

Due Amount Cpn Yield Conc Ins
6/1/18 $585,000 1.50% 0.80%

In association with: Pauls Valley National Bank.

L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Country Club Bank, NIC 1.0745%

BOSC, NIC 1.25%

Baker Group, NIC 1.25%

Jefferson County Independent School District No. 1 (Ryan)

Mar 31, 2016 . . . . . . $400,000

Building Bonds of 2016 (bank qualified) (book entry).

Dated May 1, 2016.

Due May 1, 2018 to 2021.

Non-callable.

Winning bid: F & M Bank, at n/a, NIC 2.0536%.

Due Amount Cpn Yield Conc Ins
5/1/18 $100,000 1.00% NRO
5/1/19 $100,000 1.25% NRO
5/1/20 $100,000 2.00% NRO
5/1/21 $100,000 3.00% NRO

L.O.: State Attorney General.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

Baker Group, NIC 3.0%

Tulsa County Independent School District No. 13 (Glenpool)

Apr 1, 2016 . . . . . . $2,195,000

Buidling Bonds of 2016 (bank qualified) (book entry).

Dated Jun 1, 2016.

Due Jun 1, 2018.

Non-callable.

Winning bid: Country Club Bank, at n/a, NIC 0.998%.

Due Amount Cpn Yield Conc Ins
6/1/18 $2,195,000 1.00% 0.875%

In association with: The American Heritage Bank.

L.O.: State Attorney General; and Hilborne & Weidman, Tulsa, OK.

F.A.: Stephen H. McDonald & Associates, Inc., Norman, OK.

Other bidders were:

BOSC, NIC 1.0%

UMB Bank, NIC 1.02%

BancFirst, NIC 1.25%

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Competitive sales results
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