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PRELIMINARY TERM SHEET DATED SEPTEMBER 22, 2023, Wanda Park District, Lake County, Illinois $233,420* General Obligation Limited Tax Park Bonds, Series 2023 Issuer:Wanda Park District, Lake County,
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Individuals or entities involved in issuing securities, such as municipal bonds, may need a preliminary official statement dated for regulatory and compliance purposes.
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A preliminary official statement is a document used by issuers of municipal securities to provide potential investors with detailed information about the offering before it is finalized.
Issuers of municipal securities are required to file a preliminary official statement when they plan to offer securities for sale to the public.
To fill out a preliminary official statement, issuers must provide essential information about the securities offered, such as financial details, and legal opinions, along with descriptions of the project being financed.
The purpose of a preliminary official statement is to offer transparency to investors by disclosing pertinent financial information, risks, and the purpose of the bond issue.
The preliminary official statement must include key information such as the issuer's financial condition, project descriptions, market conditions, terms of the offering, and any legal matters affecting the bond issue.
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Relevant keywords

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