MICHIGAN
Peck Community School District
Jul 13, 2017 $3,000,000
2017 School Building and Site Bonds (General Obligation - Unlimited Tax) (bank qualified).
Dated Jul 27, 2017.
Due May 1, 2018 to 2042.
Callable May 1, 2027 at par.
Winning bid: J.J.B. Hilliard, at 99.0032, TIC 3.6834%.

DueAmountCpn YieldConcIns
5/1/2018$25,000 3.00%1.35%AGM
5/1/2019$70,000 3.00%1.50%AGM
5/1/2020$75,000 3.00%1.60%AGM
5/1/2021$85,000 3.00%1.75%AGM
5/1/2022$90,000 3.00%2.00%AGM
5/1/2023$95,000 3.00%2.20%AGM
5/1/2024$100,000 3.00%2.40%AGM
5/1/2025$100,000 3.00%2.60%AGM
5/1/2027$215,000 3.00%3.00%AGM
5/1/2029$235,000 3.00%3.10%AGM
5/1/2031$255,000 3.13%3.20%AGM
5/1/2033$275,000 3.25%3.35%AGM
5/1/2035$295,000 3.50%3.50%AGM
5/1/2038$455,000 4.00%3.50%AGM
5/1/2042$630,000 4.00%3.60%AGM

Other managers: Northland Securities, Inc., Tribal Capital Markets.
L.O.: Thrun Law Firm, P.C., East Lansing, MI.
F.A.: PFM Financial Advisors LLC, Ann Arbor, MI.

MINNESOTA
Chisago Lakes Independent School District No. 2144
Jul 13, 2017 $61,680,000
General Obligation School Building Bonds, Series 2017A (MN SD Credit Enhancement Program) (book entry).
Dated Aug 3, 2017.
Due Feb 1, 2019 to 2038.
Callable Feb 1, 2027 at par.
Winning bid: Mesirow Financial, at 105.2310, TIC 2.9131%.

DueAmountCpn YieldConcIns
2/1/2019$850,000 5.00%1.07%
2/1/2020$925,000 5.00%1.22%
2/1/2021$1,220,000 5.00%1.32%
2/1/2022$1,435,000 5.00%1.44%
2/1/2023$1,500,000 5.00%1.60%
2/1/2024$2,745,000 5.00%1.72%
2/1/2025$2,930,000 5.00%1.84%
2/1/2026$3,080,000 5.00%2.00%
2/1/2027$3,235,000 5.00%2.16%
2/1/2028$3,390,000 3.00%2.20%
2/1/2029$3,495,000 3.00%2.35%
2/1/2030$3,595,000 4.00%2.65%
2/1/2031$3,740,000 3.00%3.03%
2/1/2032$3,855,000 3.00%3.10%
2/1/2033$3,970,000 3.00%3.16%
2/1/2034$4,090,000 3.00%3.22%
2/1/2035$4,210,000 3.00%3.26%
2/1/2036$4,340,000 3.00%3.29%
2/1/2037$4,465,000 3.13%3.31%
2/1/2038$4,610,000 3.13%3.33%

L.O.: Dorsey & Whitney, Minneapolis, MN.
F.A.: Ehlers, Roseville, MN.
Other bidders were:
Wells Fargo Secs, TIC 2.946%
Robert W. Baird, TIC 2.9588%
Piper Jaffray, TIC 2.9936%
JPMorgan, TIC 2.9945%
Northland Securities, TIC 3.0396%
Morgan Stanley, TIC 3.0414%
BA Merrill Lynch, TIC 3.049%
UBS Financial Svcs, TIC 3.1133%

PENNSYLVANIA
Northumberland County
Jul 13, 2017 $32,300,000
General Obligation Bonds, Series of 2017 (book entry).
Dated Aug 17, 2017.
Due Dec 1, 2018 to 2042.
Callable Dec 1, 2027 at par.
Winning bid: BA Merrill Lynch, at n/a, TIC 3.3439%.

DueAmountCpn YieldConcIns
12/1/2018$285,000 5.00%1.08%BAM
12/1/2019$280,000 5.00%1.22%BAM
12/1/2020$1,025,000 5.00%1.34%BAM
12/1/2021$995,000 5.00%1.47%BAM
12/1/2022$250,000 5.00%1.60%BAM
12/1/2023$255,000 5.00%1.77%BAM
12/1/2024$255,000 5.00%1.91%BAM
12/1/2025$260,000 5.00%2.08%BAM
12/1/2026$1,010,000 5.00%2.25%BAM
12/1/2027$1,030,000 5.00%2.36%BAM
12/1/2028$1,060,000 3.00%2.66%BAM
12/1/2029$1,090,000 3.00%2.81%BAM
12/1/2030$1,120,000 3.00%2.94%BAM
12/1/2031$1,155,000 3.00%3.03%BAM
12/1/2032$1,190,000 3.00%3.08%BAM
12/1/2033$1,225,000 3.13%3.20%BAM
12/1/2034$1,270,000 3.25%3.28%BAM
12/1/2035$1,310,000 3.25%3.31%BAM
12/1/2036$2,200,000 3.25%3.33%BAM
12/1/2037$2,280,000 3.38%3.42%BAM
12/1/2038$2,360,000 3.38%3.44%BAM
12/1/2040$4,995,000 3.50%3.52%BAM
12/1/2042$5,400,000 3.50%3.54%BAM

L.O.: Eckert, Seamans, Cherin & Mellott, Harrisburg, PA.
F.A.: Concord Public Financial Advisors, Inc., Reading, PA.
Other bidders were:
Janney Montgomery, TIC 3.3488%
Wells Fargo Secs, TIC 3.4855%
Robert W. Baird, TIC 3.6049%
Fidelity Capital, TIC 3.6536%

WASHINGTON
Tukwila (City)
Jul 13, 2017 $8,180,000
Llimited Tax General Obligation Bonds, 2017 (bank qualified) (book entry).
Dated Jul 26, 2017.
Due Dec 1, 2018 to 2037.
Callable Jun 1, 2027 at par.
Winning bid: FTN Fin Cap Mkts, at 103.4390, TIC 2.7662%.

DueAmountCpn YieldConcIns
12/1/2018$305,000 3.00%1.15%
12/1/2019$315,000 3.00%1.20%
12/1/2020$325,000 3.00%1.35%
12/1/2021$330,000 3.00%1.50%
12/1/2022$340,000 3.00%1.60%
12/1/2023$355,000 3.00%1.70%
12/1/2024$365,000 3.00%1.85%
12/1/2025$375,000 3.00%2.00%
12/1/2026$385,000 3.00%2.10%
12/1/2027$395,000 3.00%2.20%
12/1/2028$410,000 3.00%2.25%
12/1/2029$420,000 3.00%2.40%
12/1/2030$435,000 3.00%2.50%
12/1/2031$445,000 3.00%2.60%
12/1/2032$460,000 3.00%2.75%
12/1/2033$475,000 3.00%2.90%
12/1/2034$490,000 3.25%3.00%
12/1/2035$500,000 3.25%3.10%
12/1/2036$520,000 3.25%3.15%
12/1/2037$535,000 3.50%3.20%

L.O.: Pacifica Law Group, Seattle, WA.
F.A.: PFM Financial Advisors LLC, Seattle, WA; PFM Financial Advisors LLC, Los Angeles, CA; and PFM Financial Advisors LLC, Charlotte, NC.
Other bidders were:
Robert W. Baird, TIC 2.7802%
Raymond James, TIC 2.7975%
Wells Fargo Secs, TIC 2.8449%
SunTrust Robinson, TIC 2.8596%
Piper Jaffray, TIC 2.8906%
Northland Securities, TIC 2.9412%
Morgan Stanley, TIC 3.0835%

TAXABLE ISSUES

INDIANA
Argos Community Schools Building Corporation
Jul 13, 2017 $1,990,000
Taxable Ad Valorem Property Tax First Mortgage Bonds, Series 2017 (book entry).
Dated Jul 27, 2017.
Due Jul 15, 2021 to Jan 15, 2026.
Non-callable.
Winning bid: Stifel Nicolaus, at 100.2955, TIC 2.9468%.

DueAmountCpn YieldConcIns
7/15/2021$70,000 3.00%2.30%
1/15/2022$75,000 3.00%2.40%
7/15/2022$220,000 3.00%2.50%
1/15/2023$220,000 3.00%2.55%
7/15/2023$225,000 3.00%2.65%
1/15/2024$230,000 3.00%2.75%
7/15/2024$235,000 3.00%2.80%
1/15/2025$235,000 3.00%2.85%
7/15/2025$240,000 3.00%3.00%
1/15/2026$240,000 3.00%3.10%

L.O.: Taft, Stettinius & Hollister LLP, Chicago, IL.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
Robert W. Baird, TIC 2.9947%
J.J.B. Hilliard, TIC 3.0611%
SunTrust Robinson, TIC 3.4782%

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