Specifications include, but are not limited to: Proposed Bond Structure: • Series of 2020A fixed rate bond issue for the purpose of advance refunding CWLP’s Water Revenue Bonds, Series of 2012 outstanding in the amount of $54,460,000. o Taxable Bonds o Level Savings • Series of 2020B fixed rate bond issue for the purpose of financing new money water distribution projects. o Federally Tax-Exempt Bonds, Illinois taxable and non-bank-qualified o Level Debt Service solved within the savings produced from refunding the 2012 Bonds. o Project Fund deposit of $7,000,000. • Preliminary debt service schedules are attached for both series of 2020 Bonds. • For purposes of your analysis, please assume 1.0% for costs of issuance, split pro-rata between the two series. This is inclusive of the fee for underwriter’s counsel, but excludes underwriter’s discount.