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REGULAR COUNCIL PROCEEDINGS CITY OF FLAT ROCK, MICHIGAN 25500 GIBRALTAR ROAD FLAT ROCK, MI 48134 MONDAY FEBRUARY 6, 2023 The regular meeting of the Flat Rock City Council convened at the Municipal
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A preliminary official statement is a document that provides essential information about a municipal bond offering before it is finalized, including details on the offering, the obligation's terms, and the issuer's financial condition.
The issuer of the municipal bonds or their underwriter is required to file the preliminary official statement.
To fill out a preliminary official statement, gather necessary information regarding the bond issue, including financial, legal, and operational details, and structure it in accordance with the required format and guidelines provided by regulatory authorities.
The purpose of a preliminary official statement is to provide potential investors with critical information about an upcoming bond offering, allowing them to make informed investment decisions.
The preliminary official statement must report information such as the issuer's financial statements, the terms of the bond issue, risks associated with the investment, and any pertinent legal proceedings.
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