New Trier Township High School District A03 Management's ~Iscushion&D Analysis - Unaudited for the Year Ended June .?O,Aooq
PRELIMINARY OFFICIAL STATEMENT DATED APRIL 13, 2010 SALE DATE AND TIME: April 19, 2010 10:00 A.M. CDT NEW ISSUE - BOOK-ENTRY ONLY RATING+: MOODY’S “Aaa” - BANK QUALIFIED te an offer to sell or the or sell te an offer to Subject to compliance by the District with certain covenants, in the opinion of Bond Counsel, under present law, interest on the Bonds (i) is excludable from gross income of the owners thereof for federal income tax purposes, (ii) is not included as an item of tax preference in computing the federal alternative minimum tax for individuals and corporations and (iii) is not taken into account in computing adjusted current earnings, which is used as an adjustment in determining the federal alternative minimum tax for certain corporations. See “TAX EXEMPTION” herein for a more complete discussion. under the securities laws of any such The Bonds are “qualified tax-exempt obligations” under Section 265(b)(3) of the Internal Revenue Code of 1986, as amended. See “QUALIFIED TAX-EXEMPT OBLIGATIONS” herein. Interest on the Bonds is not exempt from present State of Illinois income taxes. $8,430,000* TOWNSHIP HIGH SCHOOL DISTRICT NUMBER 203 ary Official Statement constitu (NEW TRIER) COOK COUNTY, ILLINOIS GENERAL OBLIGATION LIMITED TAX SCHOOL BONDS, SERIES 2010 l prior to registration or qualification Dated: As of Date of Issuance Due: December 1, As Shown on the Inside Cover Page The General Obligation Limited Tax School Bonds, Series 2010 (the “Bonds”), of Township High School District Number 203, Cook County, Illinois (the “District”), are issuable as fully registered Bonds under the global book-entry cumstances shall this Prelimin system operated by The Depository Trust Company, New York, New York (“DTC”).
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