TERMS* [ Print Page ]    
Perth.Amboy.NJ.GOB.19
  Issuer City of Perth Amboy
  State New Jersey
  Amount $19,088,000
  Type Issue/Series   General Obligation Bonds
  consisting of
  $18,190,000 General Improvement Bonds, and
  $898,000 Water/Wastewater Utility Bonds
  Rating   S&P: A+/Stable Outlook
  Bank Qualified No
  Good Faith $381,760 wire, check or surety due to the Issuer prior to bid. See NOS for details.

  Sale Date 12/11/19
  Dated Date 12/24/19
  Settlement Date1   12/24/19
  Sale Time 11:00 AM - 11:16 AM Eastern Time

  Interest Due 5/1, 11/1
  Principal Due 5/01/20 - 5/01/30
  First Interest Date   5/01/20
  Call Dates 5/01/26 @ Par
  Term Bonds No
  Min/Max Bid Price   100.000% / 105.000%
  Bid Details Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th of 1%
  Insurance Bidder's Option / Bidder Pays / Not Factored into TIC

  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: Edward J. McManimon, III, Esq.
Email: emcManimon@msbnj.com
Phone: 973-622-5028
  Web Site www.MuniAuction.com
  Contact GB Associates LLC
Livingston, NJ
Attn: Neil Grossman
Phone: 973-994-4314
Email: neggba@verizon.net
Terms as of 12/12/2019 @ 1:29 am
1Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
* Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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