Series 53: Soliciting The Bid

Soliciting the Bid

The issuer will post a Notice of Sale in The Bond Buyer and elsewhere that announces:

• • The amount of the proposed sale
• • The type of bonds being offered
• • The dated date (the date when interest will start accruing on the purchased bonds)
• • The process for submitting bids (including location and time)

The notice will also announce:

• • The structure of the issue
• • The desired form of the bid (whether net interest cost or true interest cost)
• • The status of the legal opinion (whether qualified or unqualified)

If the notice does n