Grant Street Group’s LienAuction Helps Maricopa County’s “Hopes and Dreams” Come True
February 16, 2006The winners have been selected and the funds collected. The verdict: “It looks like it met all our hopes and dreams,” Maricopa County Treasurer David Schweikert said of the county’s first-ever Internet-based tax certificate sale. Grant Street Group, a Pittsburgh-based software company that specializes in customized software applications for financial institutions and government entities, was… Read more »
Nassau County and PFM Conduct First-Ever Open Note Auction in New York State
December 7, 2005This week Nassau County, NY utilized their financial advisor’s PFMauction website – a competitive auction platform created by Grant Street Group to issue $120 Million in Tax Anticipation Notes. In separate auctions for two series of notes — Series A and B — bids were received during 30 minute open auctions. During the auctions, bidders… Read more »
Lexington-Fayette Urban County Government, Kentucky, uses GFOA YieldAdvantage
September 15, 2005Lexington-Fayette Urban County Government, Kentucky placed a $4 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the Internet. The four – $1 million transactions –… Read more »
Cook County Forest Preserve District, Illinois, Uses GFOA YieldAdvantage
September 14, 2005Cook County Forest Preserve District, Illinois placed a $3.2 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information easily and efficiently via the Internet. The $3.2 million, 91-day, transaction was… Read more »
Washtenaw County, Michigan, Uses GFOA YieldAdvantage
July 26, 2005Washtenaw County, Michigan placed a $5 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids easily and efficiently via the… Read more »
Cook County Treasurer’s Office, Initiates Use of GFOA YieldAdvantage for Weekly Certificate of Deposit Auctions
June 7, 2005Advancing a commitment of harnessing technology to enhance efficiencies, the Cook County Treasurer’s Office, Illinois, commenced use of GFOA YieldAdvantage to invest in certificates of deposit on June 7, 2005. Using GFOA YieldAdvantage , an Internet auction offered by the Government Finance Officers Association, the Treasurer’s Office invested $88.3 million in certificates of deposit, earning… Read more »
St. Clair County, Michigan, Uses GFOA YieldAdvantage
May 31, 2005The County of St. Clair, Michigan placed a $5.7 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association.
Town of Sahuarita, Arizona, Uses GFOA YieldAdvantage
May 19, 2005The Town of Sahuarita, Arizona placed a $5 million investment usingGFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantage website, state and local governments are able to solicit bids and exchange settlement information… Read more »
Carson City, Nevada, Uses BidNV for Laddered Portfolio Solicitation
May 12, 2005Carson City, Nevada, invested $7 million in proceeds from its recent bond sale by using www.BidNV.com, an Internet auction website developed by Grant Street Group for GIF Plan Advisors. “The process was intuitive and the returns exceeded our expectations,” said Al Kramer, treasurer of Carson City, Nevada. The solicitation was done on an “all-or-none” basis… Read more »
Davenport Community School District, Iowa, Uses GFOA YieldAdvantage
April 20, 2005Davenport Community School District, Iowa placed a $15 million investment using GFOA YieldAdvantage, an Internet auction website offered by the Government Finance Officers Association. Traditionally, government entities and school districts solicit bids from banks and broker-dealers via phone. Using the GFOA YieldAdvantagewebsite, state and local governments are able to solicit bids easily and efficiently from… Read more »