The County of Madison, Kentucky (the "County") will, until 11:00 AM., E.T., on June 1, 2017, receive at the
Madison County Fiscal Court, Madison County Court House, 101 West Main Street, Richmond, Kentucky 40475, sealed competitive bids for the County’s General Obligation Bonds, Series 2017 (the "Bonds") for approximately $6,805,000, being fully registered bonds in denominations in multiples of $5,000, maturing as to principal and subject to redemption, as set out in the Preliminary Official Statement.
Bids must be on the Official Bid Form contained in the Official Terms and Conditions of Bond Sale, which has further details and bidding conditions. Alternatively, electronic bids may be submitted via BIDCOMP/PARITY. For further information about BIDCOMP/ PARITY potential bidders may contact BIDCOMP/PARITY at 40 West 23rd Street, 5th Floor, New York, NY 10010, tel: (212) 404- 8102. A Preliminary Official Statement, which has been deemed “final” by the County within the meaning of Securities and Exchange Commission Rule 15c2-12, Official Terms and Conditions of Bond Sale, and Bid Form are available from Ross, Sinclaire & Associates, LLC, 325 West Main Street, Suite 300, Lexington, Kentucky 40507, tel:
(800) 255-0795.
Sale is on a tax-exempt basis, subject to the approving legal opinion of Dinsmore & Shohl LLP, Bond Counsel, Covington, Kentucky. The Bonds have been designated as "qualified tax-exempt obligations" within the meaning of § 265(b)(3) of the Internal Revenue Code of 1986, as amended.
Right to reject bids or waive informality reserved.
/s/ J. Reagan Taylor Judge/Executive County of Madison, Kentucky
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PostedMay 19, 2017