Agenda Version
NOTICE OF INTENTION TO SELL BONDS
$[Total par]*
CITY OF SAN JOSE, CALIFORNIA
GENERAL OBLIGATION BONDS
(DISASTER PREPAREDNESS, PUBLIC SAFETY, AND INFRASTRUCTURE) $[Par A]*, Series 2025A
$[Par B]*, Series 2025B
(Federally Taxable)
$[Par C]*, Series 2025C
(Federally Taxable)
NOTICE IS HEREBY GIVEN that, at [9:00] a.m. California time on Wednesday, July 9, 2025 (the “Sale Date”), and, so long as a proposal has not theretofore been accepted by the City of San José, California (the “City”), at any time on any date thereafter without further advertising , electronic bids will be received by the City for the purchase of all but not less than all of the (i) $[Par A]* principal amount of City of San José General Obligation Bonds, Series 2025A (Disaster Preparedness, Public Safety, and Infrastructure) , (ii) $[Par B] * principal amount of City of San José General Obligation Bonds, Series 2025B (Disaster Preparedness, Public Safety, and Infrastructure) (Federally Taxable), and (ii) $[Par C] * principal amount of City of San José General Obligation Bonds, Series 2025C (Disaster Preparedness, Public Safety, and Infrastructure) (Federally Taxable) ( collectively, the “Bonds”).
The sale of the Bonds will be conducted upon the terms and conditions set forth in the Official Notice Inviting Bids relating to the Bonds. The Bonds will be dated the date of delivery, and mature as described in the Official Notice Inviting Bids.
Bids may be submitted until the designated time shown above on the Sale Date only through S&P Global’s BiDCOMP/PARITY® Competitive Bidding System (“Parity”) at https://newissue.muni.spglobal.com. The City assumes no responsibility or liability for bids submitted through Parity. No bids will be accepted by facsimile , hand delivery or any other method. For additional information about Parity potential bidders may contact the City’s municipal advisor (identified below
).
The City reserves the right to postpone or cancel the date for accepting bids and establish a subsequent date on which bids are to be accepted , and to change the terms thereof, as more fully set forth in the Official Notice Inviting Bids. Notice of such cancellation , postponement and change in terms to the Official Notice Inviting Bids will be communicated by the City through MuniOS at www.munios.com and Parity as provided in the Official Notice Inviting Bids.
Copies of the Preliminary Official Statement to be disseminated in connection with the sale of the Bonds and the Official Notice Inviting Bids may be obtained from the City’s Municipal Advisor, Public Resources Advisory Group, 1999 Harrison Street, Suite 1800, Oakland, California 94612, Attn:
Jocelyn Mortensen, Senior Managing Director, telephone: (510) 339 -3212, e- mail:
[email protected]. The Preliminary Official Statement will be in a form deemed final by the City within the meaning of Rule 15c2 -12 promulgated by the U.S. Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, except for the omission of
* Preliminary; subject to change.
DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document. certain information permitted to be omitted therefrom pursuant to Rule 15c2 -12, but is subject to revision, amendment and completion in a final Official Statement. The Preliminary Official Statement and the Official Notice Inviting Bids will also be available at www.munios.com and Parity.
DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.