The North Hudson Sewerage Authority successfully issued $1,915,041 of Bonds, consisting of a $915,000 I-Bank Bond (Clean Water, Projects 34, 36 and 38) and a $1,000,041 Fund Bond (Clean Water, Projects 34, 36 and 38), dated December 22, 2022 to the New Jersey Infrastructure Bank and the State of New Jersey. JP Capizzi served as Bond Counsel to the Authority in this financing.

The Borough of Tenafly successfully issued a $8,500,000 Bond Anticipation Note, Series 2022 dated November 29, 2022 to Piper Sandler & Co.  The Note bears interest at the rate of 4.50% per annum (computed on the basis of a 360-day year) payable at maturity on May 26, 2023; and has a net interest cost of 3.77%.  JP Capizzi served as Bond Counsel to the Borough in this financing.

The Township of Weehawken successfully issued $3,452,000 of Notes, consisting of a $952,000 Bond Anticipation Note and a $2,500,000 Bond Anticipation Note (Federally Taxable), dated November 8, 2022 to Amboy Bank.  The Notes bear interest at the rate of 4.35% per annum (computed on the basis of a 360-day year) payable at maturity on November 8, 2023.  JP Capizzi served as Bond Counsel to the Township in this financing.

The Borough of Keyport successfully issued a $3,093,000 Bond Anticipation Note, Series 2022 dated October 18, 2022 to Amboy Bank.  The Note bears interest at the rate of 3.92% per annum (computed on the basis of a 360-day year) payable at maturity on October 18, 2023.  JP Capizzi served as Bond Counsel to the Borough in this financing.  

The Township of Logan successfully issued a $15,390,000 Bond Anticipation Note, Series 2022 dated October 18, 2022 to Jefferies LLC.  Moody’s Investors Service, Inc. assigned the Note a credit rating of “MIG 1”.  The Note bears interest at the rate of 4.50% per annum (computed on the basis of a 360-day year) payable at maturity on October 18, 2023; and has a net interest cost of 3.6360%.  JP Capizzi served as Bond Counsel to the Township in this financing.

The Borough of Tenafly successfully issued $8,135,000 General Obligation Bonds, Series 2022 dated September 29, 2022.  JP Morgan Securities LLC purchased the Bonds.  Moody’s Investors Service, Inc. assigned the Bonds a credit rating of “Aaa” (stable outlook).  The Bonds have a true interest cost of 2.670084% and finally mature on September 15, 2030.  JP Capizzi served as Bond Counsel to the Borough in this financing.  

The Township of Weehawken successfully issued $16,468,000 of Notes, consisting of a $15,852,000 Bond Anticipation Note, Series 2022 B-1A1 and a $616,000 Tax Appeal Refunding Note, Series 2022 B-1A2 dated August 5, 2022 to the Hudson County Improvement Authority. The Notes bear interest at the rate of 3.00% per annum (computed on the basis of a 360-day year) payable at maturity on August 4, 2023. JP Capizzi served as Bond Counsel to the Township in this financing.