NEWS
$1,569,597 of Bonds issued by the Long Branch Sewerage Authority
05/15/25: The Long Branch Sewerage Authority successfully issued $1,569,597 of Bonds, consisting of a $1,067,594 I-Bank Bond (Clean Water, Project 8) and a $502,003 Fund Bond (Clean Water, Project 8), dated May 15, 2025 to the New Jersey Infrastructure Bank and the State of New Jersey. JP Capizzi served as Bond Counsel to the Authority in this financing.
$4,345,817 of Bonds issued by the Long Branch Sewerage Authority
The Long Branch Sewerage Authority successfully issued $4,345,817 of Bonds, consisting of a $1,554,758 I-Bank Bond (Clean Water, Project 9) and a $2,791,059 Fund Bond (Clean Water, Project 9), dated May 15, 2025 to the New Jersey Infrastructure Bank and the State of New Jersey. JP Capizzi served as Bond Counsel to the Authority in this financing.
$2,560,000 Note issued by the Borough of Atlantic Highlands
The Borough of Atlantic Highlands successfully issued a $2,560,000 Bond Anticipation Note dated March 13, 2025 to the Monmouth County Improvement Authority. The Note bears interest at the rate of 4.00% per annum (computed on the basis of a 360-day year) payable at maturity on March 13, 2026. JP Capizzi served as Bond Counsel to the Borough in this financing.
$8,750,000 Note issued by the Borough of Keyport
The Borough of Keyport successfully issued a $8,750,000 Bond Anticipation Note dated March 13, 2025 to the Monmouth County Improvement Authority. The Note bears interest at the rate of 4.00% per annum (computed on the basis of a 360-day year) payable at maturity on March 13, 2026. JP Capizzi served as Bond Counsel to the Borough in this financing.
$13,100,000 of Notes issued by the Township of Weehawken
The Township of Weehawken successfully issued $13,100,000 of Notes, consisting of a $12,768,000 Bond Anticipation Note, Series 2025 A-1 and a $332,000 Tax Appeal Refunding Note, Series 2025 A-2 dated March 13, 2025 to the Hudson County Improvement Authority. The Notes bear interest at the rate of 4.00% per annum (computed on the basis of a 360-day year) payable at maturity on March 12, 2026. JP Capizzi served as Bond Counsel to the Township in this financing.
$4,711,500 of Notes issued by the Township of Weehawken
12/19/24: The Township of Weehawken successfully issued $4,711,500 of Notes, consisting of a $2,331,500 Bond Anticipation Note and a $2,380,000 Bond Anticipation Note (Federally Taxable) dated December 19, 2024 to Amboy Bank. The Notes bear interest at the rate of 4.40% per annum (computed on the basis of a 360-day year) payable at maturity on December 19, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.
$17,021,700 of Notes issued by the Township of Weehawken
12/19/24: The Township of Weehawken successfully issued $17,021,700 of Notes, Series 2024 consisting of a $10,744,500 Bond Anticipation Note, Series 2024A and a $6,277,200 Special Emergency Note (Federally Taxable), Series 2024B dated December 19, 2024. BNY Mellon Capital Markets, LLC purchased the Series 2024A Note and Piper Sandler & Co. purchased the Series 2024B Note. The Series 2024A Note bears interest at the rate of 5.00% per annum (computed on the basis of a 360-day year) payable at maturity on August 15, 2025. The Series 2024B Note bears interest at the rate of 5.75% per annum (computed on the basis