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This Official Statement is provided in connection with the offering by the Harbor Creek School District of $2,290,000 General Obligation Bonds, Refunding Series of 2011. It details the terms and conditions
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What are official statements for?
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.
How to write an official statement?
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.
What is the meaning of official statement?
Definition: The Official Statement (OS) is the finalized version of the Preliminary Official Statement (POS) and explains in detail the finalized information pertaining to the bond series purchased by the investor.
What is an official statement?
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.
What is an example of a statement in English?
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.
What is an official statement used for?
The document prepared by, or for, the Issuer and distributed to investors to provide disclosure with respect to one or more issues of bonds.
What are 10 examples of statements in English?
What are some examples of statement sentences? I need to do my homework tonight. I don't want to have pasta for dinner, so I'll have to buy something else. Our flight back to London from Spain was cancelled, so we had to stay an extra night. I go to my swimming lessons every Wednesday afternoon.
What is an official statement called?
declaration. proclamation. decree. Synonyms for official statement from Random House Roget's College Thesaurus, Revised and Updated Edition © 2000 Random House, Inc.
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What is OFFICIAL STATEMENT?
An Official Statement is a disclosure document that provides information about a municipal bond offering, including details about the issuer, the purpose of the bonds, and the financial condition of the municipality.
Who is required to file OFFICIAL STATEMENT?
Municipal issuers of bonds, including states, cities, and other governmental entities, are required to file an Official Statement when they offer bonds to the public.
How to fill out OFFICIAL STATEMENT?
To fill out an Official Statement, issuers must provide accurate and comprehensive information about the bond offering, including issuer details, financial data, and relevant risk factors. It typically requires input from the issuer, financial advisors, and legal counsel.
What is the purpose of OFFICIAL STATEMENT?
The purpose of an Official Statement is to provide potential investors with essential information to make informed decisions about investing in municipal bonds, ensuring transparency and promoting market efficiency.
What information must be reported on OFFICIAL STATEMENT?
An Official Statement must report information regarding the issuer's financial status, the intended use of bond proceeds, descriptions of the bonds, legal opinions, risk factors, and historical financial statements.
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