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This document serves as the official statement for the issuance of $7,135,000 Refunding School Bonds by The Board of Education of the Borough of Roseland in the County of Essex, New Jersey, detailing
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A statement is a sentence that says something is true, like "Pizza is delicious." There are other kinds of statements in the worlds of the law, banking, and government. All statements claim something or make a point. If you witness an accident, you make a statement to police, describing what you saw.
Statements are the most common kind of sentences. They tell the reader something like a fact or an idea about a single topic.
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Step-by-Step Guide to Writing a Statement Letter Step 1: Start with a Clear and Concise Opening. Step 2: Introduce Yourself and Your Purpose. Step 3: Provide Relevant Details and Supporting Information. Step 4: Address Any Concerns or Objections. Step 5: Conclude with a Call to Action or Next Steps.
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An Official Statement is a document that provides essential information about a municipal bond offering, including details about the issuer, the purpose of the bond, and the financial condition of the issuer.
Municipal issuers, such as cities, counties, and other governmental entities, are required to file an Official Statement when they issue municipal securities.
To fill out an Official Statement, the issuer must accurately provide financial and operating information, include necessary disclosures about the bond being issued, and ensure compliance with legal and regulatory requirements.
The purpose of an Official Statement is to provide potential investors with clear and detailed information about the bond offering, helping them make informed investment decisions.
The Official Statement must report information such as the issuer's financial status, details of the bond issue, the use of proceeds, risk factors, and any relevant legal proceedings affecting the issuer.
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