2004-05-13 workshopWORKSHOP
FOR
CALHOUN COUNTY
Prepared by
EIRST SOUTHWEST COMPANY
70 Northeast Loop 410
Suite 850
San Antonio, Texas 78216
Telephone: (210) 349-7222
Fax: (210)349-7585
THURSDAY, MAY 13, 2004
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WORKSHOP
FOR
CALHOUN COUNTY
TABLE OF CONTENTS
Section
Tab
"Bond Buyer's" Index of 20 Municipal Bonds..................................................1
DebtAnalysis.........................................................................................................2
$5,000,000 Deposit to Construction Fund...............................................A
LevelDebt Service............................................................................1
DeferredDebt Service......................................................................2
$5,700,000 Deposit to Construction Fund
LevelDebt Service............................................................................ I
DeferredDebt Service......................................................................2
Certificates of Obligation and General Obligation Bonds Comparison .........3
ProposedTimetable of Events for Discussion....................................................4
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Approximately S
CALHOUN COUNTY, TEXAS
CERTIFICATES OF OBLIGATION, SERIES 2004
PROPOSED TIMETABLE OF EVENTS
APRIL 26, 2004
DATE EVENT
Thursday, May 13, 2004 Workshop meeting with Commissioners Court to discuss Plan of Finance to
include proposed timetable and financing scenarios.
Thursday, May 27, 2004
Regular Meeting with Commissioners Court to consider an Order giving
Notice of Intent to Issue Certificates of Obligation.
Friday, May 28, 2004
Deliver to the Port Lavaca Wave the legal notice for publication
Wednesday, June 2" and Wednesday, June 9'. (Note: Deliver Friday since
Monday is Memorial Day)
Wednesday, June 2, 2004
First publication giving Notice of Intent to Issue Certificates of Obligation.
Tuesday, June 8, 2004
Send Preliminary Official Statement and related documents to rating
agencies and insurance companies.
Wednesday, June 9, 2004
Second publication giving Notice of Intent to Issue Certificates of
Obligation.
Monday and Tuesday
Coordinate conference calls with rating agency and insurance companies.
June 14 and 15, 2004
Tuesday, June 15, 2004
Preliminary Official Statement goes to Thomson web site for posting.
Thursday, June 17, 2004
Receive ratings and municipal bond insurance qualifications and premiums.
Tuesday and Wednesday,
Pricing.
June 22 & 23, 2004
Thursday, June 24, 2004
Regular meeting to conduct sale of Certificates of Obligation. Consider the
adoption of the Order Authorizing Issuance of Certificates of Obligation and
adopting the Order approving and authorizing the execution of the Bond
Purchase Agreement.
Thursday, July 22, 2004
Closing date; Calhoun County delivers Certificates of Obligation to
Purchaser and receives Funds.