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CERTIFICATE OF Underwriter undersigned hereby certifies as follows with respect to the sale of Gadsden Independent School District No. 16 General Obligation School Building Bonds, Series 2004 (the
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01
Start by gathering all the required information and documents for the preliminary official statement.
02
Carefully read and understand the instructions provided in the preliminary official statement form.
03
Fill out the basic information section accurately, including the name of the issuer, date, and other relevant details.
04
Provide a detailed description of the securities being offered in the appropriate section.
05
Include any necessary disclosures and risk factors associated with the securities.
06
Attach any required supporting documentation, such as financial statements or legal opinion letters.
07
Review the completed preliminary official statement for any errors or missing information.
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Make any necessary revisions or corrections before finalizing the document.
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Once you are satisfied with the content, sign and date the preliminary official statement.
10
Submit the completed and signed preliminary official statement to the appropriate regulatory authority or entity.

Who needs preliminary official statement dated?

01
Municipal bond issuers who are planning to offer their securities to the public.
02
Underwriters or investment banks involved in the sale of municipal securities.
03
Regulatory authorities or agencies responsible for overseeing the municipal securities market.
04
Investors or potential investors who want to obtain comprehensive information about a municipal bond offering.

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A preliminary official statement (POS) is a document used in the municipal bond market that provides information about a bond offering before the final official statement is issued. It is typically dated the day it is released to potential investors.
Underwriters and issuers of municipal securities are required to file the preliminary official statement with the appropriate regulatory bodies to ensure compliance with disclosure requirements.
To fill out a preliminary official statement, issuers must provide detailed information about the bond offering, including the purpose of the bonds, the sources of repayment, financial statements, and other relevant disclosures. This information is usually completed using templates provided by regulatory agencies or compliance professionals.
The purpose of a preliminary official statement is to provide potential investors with necessary information to evaluate the investment opportunity before purchasing bonds. It serves to inform them of the risks, financial details, and the intended use of bond proceeds.
The preliminary official statement must report information including the description of the bonds, the purpose of the issue, financial statements of the issuer, rating information, and any material risks associated with the investment.
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