Northeastern Illinois University 2010 COPs
Northeastern Illinois University Series 2010 COPs
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Northeastern Illinois University proposes to sell up to $6,500,000 of Certificates Of Participation
to finance the acquisition of energy conserving improvements at the University.
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Timeline:
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Begins June 28, 2010
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Proposal Details:
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June 28, 2010
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Financial Audit:
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June 28, 2010
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COP Preliminary Official Statement and Agreements:
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June 28, 2010
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Energy Audit Report:
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July 14, 2010
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Public Hearing Scheduled: |
August 4, 2010 |
Meeting Agenda: |
August 4, 2010 |
NEIU Informational Handout: |
August 4, 2010 |
Commission Motion and Vote: |
August 4, 2010 |
Meeting Audio: |
August 4, 2010 |
Commission Record of Findings: |
August 18, 2010 |
| Status of COPs: |
Northeastern Illinois University sold $6.06 million of Certificates of Participation in September 2010 under the Build America Bond Program. Due to the 35% interest subsidy from the federal government, the true interest cost, net of the subsidy, was 3.652% |
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