TERMS* [ Print Page ]    
  Issuer Township of Upper
  State New Jersey
  Amount $8,000,000
  Type Issue/Series   General Improvement Bonds
  Rating   S&P: AA (Stable Outlook)
  Bank Qualified No
  Good Faith $160,000 wire, check or surety due to the Issuer prior to bid. See NOS for details.

  Sale Date 12/03/19
  Dated Date 12/18/19
  Settlement Date1   12/18/19
  Sale Time 11:00 AM - 11:15 AM Eastern Time

  Interest Due 5/15, 11/15
  Principal Due 11/15/20 - 11/15/29
  First Interest Date   5/15/20
  Call Dates 11/15/26 @ Par
  Term Bonds No
  Min/Max Bid Price   100.000% / 105.000%
  Bid Details Max. Spread: 2.000%
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
Attn: Elizabeth Manuel, Paralegal
Email: emanuel@msbnj.com
Phone: 973-622-5280
  Web Site www.MuniAuction.com
  Contact Phoenix Advisors, LLC
Bordentown, NJ
Attn: Sherry Tracey
Phone: 609-291-0130
Email: stracey@muniadvisors.com
Terms as of 7/6/2020 @ 3:52 pm
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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