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RESOLUTION 20132014 No. 15REFUNDING BOND ORDINANCE OF THE BOARD OF EDUCATION OF THE TOWNSHIP OF PLUMSTED IN THE COUNTY OF OCEAN, NEW JERSEY, PROVIDING FOR THE REFUNDING OF ALL OR A PORTION OF THE
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How to fill out refunding bond ordinance of
How to fill out refunding bond ordinance of
01
Review the original bond documentation to understand the terms and conditions of the existing bond
02
Evaluate current market conditions to determine if refunding the bond makes financial sense
03
Draft a refunding bond ordinance detailing the purpose, amount, and terms of the refunding
04
Present the ordinance to the appropriate governing body for approval
05
Advertise the ordinance as required by local laws
06
Hold a public hearing on the ordinance, allowing for input from residents and stakeholders
07
Vote on the ordinance and proceed with refunding the bond if approved
Who needs refunding bond ordinance of?
01
Government entities looking to refinance existing bonds at more favorable terms
02
Municipalities seeking to lower debt service payments and save money
03
Financial advisors and bond issuers involved in managing public debt
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What is refunding bond ordinance of?
Refunding bond ordinance is a legal document that authorizes the issuance of new bonds to pay off existing bonds before their maturity date.
Who is required to file refunding bond ordinance of?
The governing body of a municipality or government agency is typically required to file a refunding bond ordinance.
How to fill out refunding bond ordinance of?
The refunding bond ordinance must be filled out with details such as the amount of bonds to be issued, the purpose of the refunding, and the terms of the new bonds.
What is the purpose of refunding bond ordinance of?
The purpose of a refunding bond ordinance is to save money by obtaining lower interest rates or better terms on existing debt.
What information must be reported on refunding bond ordinance of?
The refunding bond ordinance must include information on the current debt being refunded, the proposed terms of the new bonds, and any required approvals.
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