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AnA�7.A. - Page 16 <br /> well as material risk factors relating to the security for the bonds in general, and <br /> other miscellaneous matters. <br /> Official Notice of Sale <br /> The Official Notice of Sale sets the terms and conditions for the sale of the <br /> bonds. In addition to other pertinent information, it establishes the date and time <br /> of the sale, the method of sale, the required form of the bid, the maximum <br /> discount and interest rate, the acceptable designation of interest rates by the <br /> bidders and the method of award of the bonds. It summarizes the authorization, <br /> purpose and form of the bonds. It states the principal maturities, the payment <br /> dates, the redemption provisions and the security for the bonds. It establishes <br /> the requirements to submit a bid, the method by which good faith deposits must <br /> be submitted, the rules of the auction process, and the right of the PFA to reject <br /> bids or to postpone or cancel the sale. <br />