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This document serves as an official notice for the bond sale for Water Revenue Bonds issued by the City of Saratoga Springs, Utah. The bonds, totaling $9,255,000, are intended to finance improvements to the city’s water utility system and cover the costs associated with issuing the bonds. The notice includes information on the electronic bidding process, bond maturity, interest rates, and other pertinent details related to the bond sale.
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An official notice of bond is a legal document that informs relevant parties about the issuance of a bond, typically used in government or municipal settings.
Typically, the issuer of the bond, such as a governmental authority or agency, is required to file the official notice of bond.
To fill out an official notice of bond, one must provide information such as the bond's amount, interest rate, maturity date, and the purpose of the bond issuance, along with signatures from authorized officials.
The purpose of the official notice of bond is to provide transparency and inform the public and relevant stakeholders about the bond issuance and its details.
The information that must be reported includes the bond's issuer, principal amount, interest rate, maturity date, purpose of the bond, and any redemption features.
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