Conflict Bond Counsel

2026-11-03

( 1 ) Counsel will prepare or review all bond ordinances adopted or to be adopted by the governing body . ( 2 ) Counsel will assemble a certified record of proceedings to evidence the proper adoption of each bond ordinance in accordance with the provisions of the Local Bond Law and other applicable New Jersey statutes . ( 3 ) When the Township determines to issue bonds or notes , Counsel will prepare the necessary resolutions or other operative documents to set up the bond or note sale and will submit them to the Township ’ s general counsel for review . Counsel will seek the advice of the Township ’ s financial advisor and / or auditor in connection with the appropriate maturity schedule for the bonds or notes to be sold and will review legal issues relating to the structure of the bond or note issue . Counsel will assist the Township in seeking from other governmental authorities such approvals , permissions and exemptions as Counsel determines are necessary or appropriate in connection with the authorization , issuance and delivery of bonds or notes . Counsel will review those sections of the official statement , private placement memorandum or other form of offering or disclosure document to be disseminated in connection with the sale of the bonds or notes and will arrange for the printing and the distribution of such offering or disclosure document . Counsel will prepare and review the notice of sale pertaining to the competitive sale of the bonds or notes and will arrange for the printing of such notice of sale in The Bond Buyer ¸ as applicable , and will answer inquiries made by the investment community concerning the bond or note sale . Counsel will assist the Township in presenting information to bond rating organizations and providers of credit enhancement relating to legal issues affecting the issuance of bonds or notes . Counsel will render legal advice as necessary concerning the submission of bids for the bonds or notes in accordance with the notice of sale and the requirements of law . After the bond or note sale , Counsel will prepare the bonds or notes for execution , will prepare and see to the execution of the necessary closing certificates , including the continuing disclosure undertaking of the Township , and will establish the time and the place for the delivery of the bonds or notes to the successful bidder . Counsel will coordinate the closing , at which time the bonds or notes will be delivered , payment will be made for the bonds or notes , and Counsel will issue a final approving legal opinion with respect to the validity and binding effect of the bonds or notes , the source of payment and security for the bonds or notes and the excludability of interest on the bonds or notes from gross income for federal and New Jersey income tax purposes , if applicable . ( 4 ) Counsel will provide basic advice in regard to the effect of the federal arbitrage regulations on the issuance of bonds or notes and the investment of the proceeds thereof . ( 5 ) Counsel will provide such other services as may be requested from time to time by the Township including any referendum , validation proceedings or other action relating to the Township or the authorization and issuance of a financing instrument by the Township , or other transactions involving the Township .

New Jersey

2026-04-29