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This document provides official notice regarding the sale of General Obligation Refunding Bonds by the Board of Education of Salt Lake City School District, including bidding procedures and details
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How to fill out OFFICIAL NOTICE OF BOND SALE AND PRELIMINARY OFFICIAL STATEMENT

01
Start with the official title at the top of the document.
02
Include the date of the bond sale.
03
Provide details about the issuer, including their name and contact information.
04
Outline the terms of the bond, including the amount being issued, the interest rate, and payment schedule.
05
Specify the purpose of the bond, mentioning the project or service it will fund.
06
Include any relevant legal disclaimers or statements that are required.
07
Designate the place where bids will be received.
08
Mention any pre-bid meetings or site visits that may be required.
09
Provide contact information for the bond counsel or financial advisor.
10
Review the document for clarity and compliance with legal requirements before finalizing.

Who needs OFFICIAL NOTICE OF BOND SALE AND PRELIMINARY OFFICIAL STATEMENT?

01
Municipal governments looking to issue bonds for funding projects.
02
Financial advisors assisting issuers in the bond sale process.
03
Investors seeking information on upcoming bond offerings.
04
Bond counsel providing legal advice on bond transactions.
05
Investment banks or underwriters involved in facilitating the sale.
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People Also Ask about

Primary bonds are issued directly by companies to raise funds, while secondary bonds are traded among investors after issuance.
An official statement describes the essential terms of the bonds. It typically provides the most detailed description of the terms and features of the bonds through maturity, unless and until these terms have been modified.
The term "Official Statement" refers to a document or communication that is issued by a public or governmental entity, providing essential information to the public or relevant parties regarding a specific matter, such as a financial offering, decision, or policy.
What is a preliminary official statement (POS)? The POS is an informational disclosure document released prior to the sale that describes the proposed new issue of bonds prior to final determination of the maturity amounts, interest rates and offering prices/yields.
An official statement describes the essential terms of the bonds. It typically provides the most detailed description of the terms and features of the bonds through maturity, unless and until these terms have been modified.
The disclosure document prepared by a bond issuer that gives detailed financial information about the issuer and the bond offering.
Definition: The Preliminary Official Statement (POS) informs potential investors of the upcoming bond sale. The POS contains all the relevant information pertaining to the bond issue so the investor can make an informed decision about buying the security.

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The OFFICIAL NOTICE OF BOND SALE is a public announcement detailing the sale of bonds, providing essential information about the bonds being offered. The PRELIMINARY OFFICIAL STATEMENT is a document that provides prospective investors with relevant information about the bond issue, including financial data and descriptions of the issuer.
Issuers of bonds, such as municipalities or governmental entities, are required to file the OFFICIAL NOTICE OF BOND SALE and PRELIMINARY OFFICIAL STATEMENT to ensure compliance with regulatory requirements and inform potential investors.
To fill out the OFFICIAL NOTICE OF BOND SALE and PRELIMINARY OFFICIAL STATEMENT, the issuer must provide details such as the date of sale, types of bonds, interest rates, payment dates, and any relevant financial information. It typically requires careful attention to legal language and adherence to regulatory requirements.
The purpose is to provide transparency to potential investors by disclosing vital information about the bond issue, facilitating informed investment decisions and ensuring compliance with securities laws.
The report must include details such as the description of the bonds, the issuer's financial condition, purpose of the bond issuance, terms of the sale, interest rates, redemption terms, and any potential risks associated with the investment.
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General Obligation Bonds Refunding Bonds Salt Lake City School District Bond Sale Preliminary Official Statement Utah School Bond Guaranty Program Financial Advisor Electronic Bidding Interest Rates Tax Exempt Status

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