SUMMARY NOTICE OF BOND SALE
$41,140,000
The Board of Education of the County of Wood
(West Virginia)
Public School Bonds, Series 2017
Notice is hereby given that The Board of Education of the County of Wood, West Virginia will receive bids electronically via PARITY® for the purchase of $41,140,000 principal amount of Public School Bonds, Series 2017, on an all-or-none basis, until 11:30 AM, Local Time, on Tuesday, April 25, 2017. Each proposal must be submitted via PARITY® by 11:30 AM, Local Time, on Tuesday, April 25, 2017, in accordance with this Notice of Sale. No bid will be accepted after the time for receiving bids specified above. To the extent any instructions or directions set forth in PARITY® conflict with this Notice, the terms of this Notice shall control. For further information about PARITY®, potential bidders may contact the Financial Advisor at (304) 343-7101 or PARITY® at (800) 850-7422. The bids will be publicly announced, and the Board will act upon the bids by 2:00 p.m., on April 25, 2017, Local Time.
The Bonds will be dated the date of their delivery and will mature on June 1 in the years and in the amounts as follows:
Maturing (June 1) Principal Amount (S)
2018 1,925,000
2019 2,225,000
2020 2,290,000
2021 2,360,000
2022 2,440,000
2023 2,525,000
2024 2,615,000
2025 2,705,000
2026 2,810,000
2027 2,915,000
2028 3,020,000
2029 3,135,000
2030 3,260,000
2031 3,390,000
2032 3,525,000
The Bonds maturing on or after June 1, 2028 are subject to redemption prior to maturity on or after June 1, 2027, at the option of the Board. The Bonds are general obligations of the Board and the full faith and credit of the Board are pledged for payment of the principal of and interest thereon. The approving opinion of Spilman Thomas & Battle, PLLC, Charleston, West Virginia will be furnished to the successful bidder at the expense of the Board. The Bonds will be issued in fully registered form in denominations of $5,000 and integral multiples thereof and will be available in book-entry form only with The Depository Trust Company acting as securities depository. The Board reserves the right to postpone the date and time established for the receipt of the bids or to change the bidding parameters set forth in this Official Notice of Sale.
Bidders must refer to the complete Official Notice of Sale for the terms and conditions of the sale. A complete copy of the Official Notice of Sale is contained in the Preliminary Official Statement and may be obtained from the Boardás Financial Advisor, Piper Jaffray & Co., 405 Capitol Street, Suite 613, Charleston, West Virginia 25301 (telephone 304/343-7101).
By Order of The Board of Education of The County of Wood (West Virginia)
April 12, 2017
Apr 12, 19