| Issuer |
Township of Marlboro |
| State |
New Jersey |
|
Amount1 |
$17,544,000 |
| Type
Issue/Series |
General Obligation Bonds, Series 2018
consisting of:
$14,508,000* General Improvement Bonds and
$3,036,000* Water Utility Bonds |
|
Rating |
S&P: AAA |
| Bank
Qualified |
No |
|
Good Faith |
$350,880 wire or check or Surety to Township prior to bidding. See NOS for details. |
|
|
Sale Date |
4/24/18 |
|
Dated Date |
5/09/18 |
| Settlement
Date2 |
5/09/18
|
|
Sale Time |
10:30 AM - 10:59 AM Eastern Time |
|
|
Interest Due |
11/1, 5/1 |
| Principal Due |
5/01/19 - 5/01/38 |
| First Interest
Date |
11/01/18 |
| Call Dates |
5/01/25 @ Par |
| Term Bonds |
No |
|
Min/Max Bid Price
|
100.000% / 110.000% |
| Bid Details |
Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
McManimon, Scotland & Baumann, LLC
Roseland, NJ
Attn: Matthew D. Jessup, Esq.
Email: mjessup@msbnj.com
Phone: 973-622-4850
Attn: Sandra S. Jessup, Paralegal
Email: sjessup@msbnj.com
Phone: 973-622-5258 |
| Web
Site |
www.MuniAuction.com |
| Contact |
Phoenix Advisors, LLC
Bordentown, NJ
Phone: 609-291-0130
Attn: Anthony P. Inverso
Email: ainverso@muniadvisors.com |
|
|