School District Number 130


CUSIP *****
  • Issue Currency: *****
  • Announcement Date: 09-Aug-2018
  • News: School District Number 130, Cook County, Illinois (the District), in connection with the issuance of its General Obligation Limited Tax School Bonds, Series 2010 (the Series 2010 Bonds), entered into a continuing disclosure undertaking (the Undertaking) to file annually its Audited Financial Statements with the Municipal Securities Rulemaking Board (MSRB). Pursuant to Rule 15c2-12 of the Securities Exchange Act of 1934 and the Undertaking, the District agreed to file its Audited Financial Statements with the MSRB within thirty (30) days after the Districts receipt of such Audited Financial Statements. Despite the Undertaking, the District did not file its Audited Financial Statements with the MSRB within the required timeframe of the Undertaking for the fiscal years ending June 30, 2012 through June 30, 2016, inclusive. The Districts Audited Financial Statements for the fiscal years ending June 30, 2012 through ending June 30, 2016, inclusive, have been filed, but at a time past the agreed upon term in the Undertaking. Such Audited Financial Statements were filed on the MSRBs Electronic Municipal Market Access System 54, 38, 81, 45 and 67 days late, respectively. The Districts failure to comply with the Undertaking does not constitute a default under the bond resolution for the Series 2010 Bonds. The District has engaged Crystal Financial Consultants, Inc. to comply with all of its continuing disclosure requirements in a timely manner



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