Agenda Version
NOTICE OF INTENTION TO SELL BONDS
$[PAR]*
CITY OF SAN JOSE FINANCING AUTHORITY
LEASE REVENUE BONDS, SERIES 2025A
(CIVIC CENTER GARAGE AND MUNI WATER BUILDING PROJECTS)
NOTICE IS HEREBY GIVEN that , at [9:00] a.m. California time on [Tuesday, August 12, 2025] (the “Sale Date”), and, so long as a proposal has not theretofore been accepted by the City of San José Financing Authority (the “Authority”) , at any time on any date thereafter without further advertising, electronic bids will be received by the Authority for the purchase of all but not less than all of the $[PAR]* principal amount of City of San José Financing Authority Lease Revenue Bonds, Series 2025A (City Center Garage and Muni Water Building Projects) (the “2025A Bonds”).
The sale of the 2025A Bonds will be conducted upon the terms and conditions set forth in the Official Notice Inviting Bids relating to the 2025A Bonds. The 2025A 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 Authority 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 Authority’s municipal advisor (identified below).
The Aut
hority 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 Authority 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 2025A Bonds and the Official Notice Inviting Bids may be obtained from the Authority’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 Authority and the City of San José 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 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.
* Pr eliminary; subject to change.
DRAFT--Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.