Wilentz, Goldman & Spitzer served as bond counsel to The Board of Education of the Township of Teaneck.
The Board of Education of the Township of Teaneck issued $3,595,000 Refunding School Bonds, Series 2021.
As a result of this transaction, the Board will realize $273,075 in budgetary savings over the remaining life of the bonds.
This transaction resulted in 7.744% net present value savings, far exceeding the 3% threshold established for local public entities in New Jersey.
The Wilentz team was led by Lisa Gorab (Picture) and Tony Solimine.
Law Firms: Wilentz, Goldman & Spitzer;
Clients: Teaneck Board of Education ;