Notice of Sale of $4,928,750 Bond Anticipation Notes, Series 2021A

The Township of Little Egg Harbor, in Ocean County, New Jersey, is soliciting proposals for the purchase of $4,928,750 Bond Anticipation Notes, Series 2021A. This notice of sale invites qualified financial institutions and underwriters to bid on these non-callable, non-bank qualified municipal debt instruments, which will be issued at a price not less than par. The successful bidder will provide the lowest net interest cost to the Township, ensuring efficient public finance for municipal projects. The Notes have a principal amount of $4,928,750, are dated July 12, 2021, and mature on July 12, 2022. Prospective bidders must understand and adhere to the detailed specifications regarding the establishment of the issue price, which aligns with Treasury Regulation Section 1.148-1(f)(3)(i) for competitive sales. This includes requirements for bidders to assist the Issuer in establishing the issue price, executing an 'issue price' certificate at closing, and potentially complying with the '10% test' or the 'hold-the-offering-price rule' for reoffering. Bidders must also acknowledge their responsibility to file an annual disclosure statement on political contributions with the New Jersey Election Law Enforcement Commission (ELEC) if aggregate compensation from public entities exceeds $50,000, as per N.J.S.A. 19:44A-20.13. Bids for the Bond Anticipation Notes must be submitted on the official bid form by Thursday, July 1, 2021, at 11:00 a.m. New Jersey time. Submissions are accepted via facsimile at (609) 291-9940, via email to ainverso@muniadvisors.com, UNLOCK or electronically through the PARITY Electronic Bid System. Bidders are solely responsible for timely submission, as incomplete or untimely bids, regardless of transmission issues, will not be considered. The award determination will be made by 1:00 p.m. on the same day. For additional information, contact Anthony Inverso of Phoenix Advisors, LLC at (609) 291-0130, or Rodney Haines, Chief Financial Officer, at (609) 296-7241 extension 226.