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Loan Schedule - August 2009

MICHIGAN MUNICIPAL BOND AUTHORITY
State Aid Note Loan Program Series 2009C
Tentative Financing Schedule

 Application Due
June 26, 2009

 Pricing
August 4, 2009

Interest Rate Information
Emailed to school districts August 4, 2009

 

Acceptance of Interest Rate
School districts confirm acceptance of interest rate via email
no later than 10:00 a.m. August 5, 2009 at
treasmmba@michigan.gov

 

Purchase Contracts Delivered by UPS to School Districts
Thursday, August 6, 2009

PLEASE MAKE SURE SOMEONE AUTHORIZED TO ACCEPT THE INTEREST RATE AND SIGN THE PURCHASE CONTRACT WILL BE AVAILABLE AUGUST 4 THROUGH AUGUST 6, 2009

 

Fax Signed Purchase Contracts Back to Authority (517) 241-9509

No later than 4:00 p.m. on Thursday, August 6, 2009

Send one originally signed purchase contract back to the Authority via overnight mail for delivery by Monday, August 10, 2009 to: 430 W. Allegan Street, 1st Floor, Lansing, MI 48922, 517-335-0994 attn: Daniel Mullin

 

Borrowers' Pre-Closing With Authority
August 17, 2009
Local transcripts must be received from each school district's note counsel by this date
 

Closing
Note Proceeds Wired to School Districts by Close of Business
August 20, 2009

 


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