From time to time the Town issues debt to finance capital investments or to refinance existing outstanding debt. Prior to the issuance of debt the Town, in collaboration with the Local Government Commission, produces an “Official Statement” to facilitate sale of the debt instruments (bonds or Certificates of Participation (COPs)) and to provide detailed information to interested parties. The official statement acts as an offering document for the sale of debt and provides information about the bonds or COPs being offered for sale, the Town’s Finances and demographic information for the Town and the surrounding area.
Official Statements posted on this page are either “preliminary” or “final.” Preliminary statements are posted during the review process and are subject to change. Final statements have been approved for distribution in advance of the sale of the bonds or COPs.