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New Issues: A1+ (See RATING herein)In the opinion of Brace well & Giuliani LLP, assuming compliance with certain covenants and based on certain representations, (i) interest on the Bonds is excludable
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New issue definition is the process of identifying and clearly defining a problem, challenge, or concern that has arisen and needs to be addressed.
Anyone who identifies a new issue that needs to be addressed may file a new issue definition.
To fill out a new issue definition, one must clearly state the issue, provide background information, identify stakeholders, propose potential solutions, and outline a plan of action.
The purpose of new issue definition is to ensure that problems are clearly identified and addressed in a timely manner.
Information that must be reported on a new issue definition includes the nature of the issue, potential impact, stakeholders involved, proposed solutions, and action plan.
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