new issue investment rating moody s investors service aa3 official statement in the opinion of ice miller bond counsel under existing statutes judicial decisions regulations and rulings interest on bonds as defined herein is excludable from gross income section 103 internal revenue code 1986 amended for federal tax purposes not a specific preference item individual or corporate alternative minimum but such taken into account computing an adjustment used determining certain corporations exempt taxation state illinois see exemption 7 280 000 des plaines park district cook county general obligation limited refunding series 2006a dated december 15 2006 book entry bank qualified due serially 1 2008 2019 are being issued by payable semiannually june each year commencing 2007
