Wilentz Serves as Bond Counsel to The Board of Education of the Township of Clinton

10.21.2021

A Wilentz public finance team led by Lisa Gorab and Tony Solimine served as bond counsel to The Board of Education of the Township of Clinton in the County of Hunterdon, New Jersey in connection with the issuance of $10,490,000 Refunding School Bonds, Series 2021, dated October 19, 2021. As a result of this transaction, the Board will realize $1,244,211 in budgetary savings over the remaining life of the bonds. This transaction resulted in 12.26% net present value savings, exceeding the 3% threshold established for local public entities in New Jersey.