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This Official Statement provides information regarding the issuance of $2,680,000 General Obligation Refunding Bonds and $2,230,000 Combination Tax and Revenue Certificates of Obligation by the City
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What is Official Statement?
An Official Statement is a document prepared by issuers of municipal securities that provides detailed information about a bond offering and the issuer's financial condition.
Who is required to file Official Statement?
Issuers of municipal securities, such as state and local government entities, are required to file an Official Statement when they offer bonds for sale to the public.
How to fill out Official Statement?
To fill out an Official Statement, issuers must provide accurate and comprehensive information regarding the bond issue, including financial data, project descriptions, and risks associated with the investment.
What is the purpose of Official Statement?
The purpose of an Official Statement is to provide potential investors with important information to make informed decisions about investing in the bonds.
What information must be reported on Official Statement?
The Official Statement must report information such as the issuer's financial status, the purpose of the bond issuance, the tax implications, credit ratings, and any risks related to the investment.
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