$6,010,000 of Bonds issued by the Borough of Keyport

The Borough of Keyport successfully issued $6,010,000 General Obligation Bonds consisting of a $5,070,000 General Obligation Bond and a $940,000 General Obligation Refunding Bond dated December 30, 2021. The Monmouth County Improvement Authority purchased the Bonds. The General Obligation Bond has a true interest cost of 0.9470% and finally matures on December 1, 2031; the General Obligation Refunding Bond has a true interest cost of 0.6404% and finally matures on December 1, 2026. JP Capizzi served as Bond Counsel to the Borough in this financing.