BOROUGH OF SOUTH BOUND BROOK,
IN THE COUNTY OF SOMERSET, NEW JERSEY
NOTICE OF SALE OF
$1,517,448 BOND ANTICIPATION NOTES, SERIES 2019A (FEDERALLY TAXABLE)
AND
$596,000 BOND ANTICIPATION NOTES, SERIES 2019B (TAX-EXEMPT)
Proposals are being solicited for the above issue of Bond Anticipation Notes, Series 2019A (Federally Taxable) in the aggregate principal amount of $1,517,448 (the “Taxable Notes”) and Bond Anticipation Notes, Series 2019B (Tax-Exempt Notes”, and together with the Taxable Notes, the “Notes”) for the purchase at not less than the par amount of each series of the Notes through a fair and open process in accordance with N.J.S.A. 40A:2-28. Separate bids must be submitted for (i) the Taxable Notes, and (ii) the Tax-Exempt Notes, and the selection of the winning bidder(s) will be made separately for the Taxable Notes and for the Tax-Exempt Notes. All bids will be publicly opened and announced at the Borough of South Bound Brook, in the County of Somerset, New Jersey (the “Borough” or the “Issuer”) at the 12 Main Street, South Bound Brook, New Jersey 08880 on Tuesday, February 12, 2019, until 11:00 a.m. with respect to the Taxable Notes and until 11:15 a.m. with respect to the Tax-Exempt Notes.