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This document provides comprehensive details about the City of Brigantine\'s $9,450,000 General Obligation Bonds, Series 2017, including tax status and funding purposes.
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What is preliminary official statement?
A preliminary official statement (POS) is a document used in the municipal bond issuance process that provides potential investors with essential information about the bond offering before the final official statement is issued.
Who is required to file preliminary official statement?
The issuer of the municipal bonds, or their representatives, typically financial advisors or underwriters, is required to file the preliminary official statement.
How to fill out preliminary official statement?
To fill out a preliminary official statement, one must include specific details about the bond issue such as purpose, amounts, maturity schedules, financial information, and any other relevant information required by regulatory authorities.
What is the purpose of preliminary official statement?
The purpose of a preliminary official statement is to provide potential investors with relevant information about the bond issue, enabling them to make informed decisions before the bonds are sold.
What information must be reported on preliminary official statement?
The preliminary official statement must report information such as the nature of the bond, amount of the issue, purpose of the bonds, repayment terms, financial condition of the issuer, and any risks associated with the investment.
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