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  • Published Date

    February 6, 2024
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Tax-Exempt Municipal Bonds We are pleased to announce the following tax-exempt municipal bond issue: $17,000,000* Mitchell School District 17-2, South Dakota General Obligation Bonds Series 2024 Expected effective net annual yield up to 4.45%* to a mandatory maturity date of 8/1/2053** *Amounts, prices, yields and maturities are subject to change and availability. **Subject to early redemption. This is neither an offer to sell nor a solicitation of an offer to buy the bonds. Such an offer is made only by the means of the Official Statement, which can be obtained from Colliers Securities LLC or from www.emma. msrb.org, and only in such jurisdictions as they may legally be offered. You must carefully review the Official Statement if you wish to learn more about the bonds, including the risks associated with investing, and before you decide whether to buy the bonds. In the opinion of Bond Counsel, according to federal laws, regulations, rulings and decisions in effect on the date of issuance of the bonds, the interest to be paid on the bonds is not includable in gross income for feder- al income tax purposes except under certain conditions, discussed under the caption "TAX EXEMPTION" in the Official Statement. Interest on the bonds is includable in gross income for South Dakota tax purposes when the owner is a financial institution as defined in South Dakota Codified Laws, Chapter 10-43. Contact a representative for more information: Dennis Martin | Alan Miller 605.990.6300 Colliers Securities | 721 West Havens Avenue | Mitchell, SD 57301 Member SIPC/FINRA Colliers Securities Tax - Exempt Municipal Bonds We are pleased to announce the following tax - exempt municipal bond issue : $ 17,000,000 * Mitchell School District 17-2 , South Dakota General Obligation Bonds Series 2024 Expected effective net annual yield up to 4.45 % * to a mandatory maturity date of 8 / 1 / 2053 ** * Amounts , prices , yields and maturities are subject to change and availability . ** Subject to early redemption . This is neither an offer to sell nor a solicitation of an offer to buy the bonds . Such an offer is made only by the means of the Official Statement , which can be obtained from Colliers Securities LLC or from www.emma . msrb.org , and only in such jurisdictions as they may legally be offered . You must carefully review the Official Statement if you wish to learn more about the bonds , including the risks associated with investing , and before you decide whether to buy the bonds . In the opinion of Bond Counsel , according to federal laws , regulations , rulings and decisions in effect on the date of issuance of the bonds , the interest to be paid on the bonds is not includable in gross income for feder al income tax purposes except under certain conditions , discussed under the caption " TAX EXEMPTION " in the Official Statement . Interest on the bonds is includable in gross income for South Dakota tax purposes when the owner is a financial institution as defined in South Dakota Codified Laws , Chapter 10-43 . Contact a representative for more information : Dennis Martin | Alan Miller 605.990.6300 Colliers Securities | 721 West Havens Avenue | Mitchell , SD 57301 Member SIPC / FINRA Colliers Securities