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This official statement provides detailed information regarding the issuance of $13,000,000 Unlimited Tax General Obligation Bonds by the Charter Township of Lyon. It outlines the purpose, interest
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A preliminary official statement (POS) is a document used in the sale of municipal securities that provides potential investors with important information about the issuer and the securities being offered, prior to the final official statement.
Municipal issuers or underwriters are required to file a preliminary official statement when they are offering municipal securities to the public for sale.
To fill out a preliminary official statement, issuers should provide detailed information about the bond issue, including the purpose, terms, security, and financial information about the issuer. This often involves filling out standard forms and providing relevant financial data.
The purpose of a preliminary official statement is to provide prospective investors with sufficient information to make an informed decision regarding the purchase of the municipal securities before the final offering.
The preliminary official statement must report information about the issuer, terms of the securities, security pledges, the purpose of the bond issue, financial statements, and any legal matters pertaining to the issuance of the securities.
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Relevant keywords

bonds Charter Township of Lyon financial statement tax exempt municipal bonds public library funding investment bond sale government finance S&P Global Ratings

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