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OFFICIAL STATEMENT DATED JULY 16, 2021 O Sell Or the T NEW ISSUE RATING: SEE “RATING” HEREIN BOND ANTICIPATION NOTES

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OFFICIAL STATEMENT DATED JULY 16, 2021 O Sell Or the T NEW ISSUE RATING: SEE “RATING” HEREIN BOND ANTICIPATION NOTES PRELIMINARY OFFICIAL STATEMENT DATED JULY 16, 2021 o sell or the t NEW ISSUE RATING: SEE “RATING” HEREIN BOND ANTICIPATION NOTES In the opinion of Orrick, Herrington & Sutcliffe LLP, Bond Counsel, based upon an analysis of existing laws, regulations, rulings and court itute an offer t decisions, and assuming among other matters, the accuracy of certain representations and compliance with certain covenants, interest on the laws of such jurisdiction. Notes is excluded from gross income for federal income tax purposes under Section 103 of the Internal Revenue Code of 1986. In the further opinion of Bond Counsel, interest on the Notes is not a specific preference item for purposes of the federal, as amended (the “Code”), alternative minimum tax. Bond Counsel is also of the opinion that interest on the Notes is exempt from personal income taxes imposed by the State of New York or any political subdivision thereof (including The City of New York). Bond Counsel expresses no opinion regarding any other tax consequences related to the ownership or disposition of, or the amount, accrual or receipt of interest on, the Notes. See “Tax Matters” herein. The Notes WILL be designated by the Fire District as “qualified tax-exempt obligations” pursuant to the provision of Section 265 of the Code. lification under the securities HARRISON WATER DISTRICT NO. 2 (FIRE PROTECTION DISTRICT NO. 2) IN THE TOWN OF HARRISON tration or qua or tration WESTCHESTER COUNTY, NEW YORK $8,475,000 BOND ANTICIPATION NOTES, 2021 l prior to regis (the “Notes”) cumstances shall this Preliminary Offering Statement cons r Date of Issue: August 10, 2021 Maturity Date: August 10, 2022 The Notes are general obligations of the Harrison Water District No. 2 (Fire Protection District No. 2) in the Town of Harrison, Westchester County, New York (the “Fire District”), and will contain a pledge of the faith and credit of the Fire District for the payment of the principal thereof and interest thereon and, unless paid from other sources, the Notes are payable from ad valorem taxes which may be levied upon all the taxable real property within the Fire District, subject to applicable statutory limitations (see “Nature of Obligation” notice. Under no ci t and “Tax Levy Limitation Law” herein). withou itation, or sale would be unlawfu be would sale or itation, t The Notes are dated their Date of Issue and bear interest from that date until the Maturity Date, at the annual rate(s) as specified by the purchaser(s) of the Notes. The Notes will not be subject to redemption prior to maturity. At the option of the purchaser, the Notes will be issued in (i) registered form registered in the name of the successful bidder(s) or (ii) registered book-entry form registered to Cede & Co., as the partnership nominee for The Depository Trust Company ("DTC"). If the Notes are issued registered in the name of the successful bidder(s), a single note certificate will be issued for those Notes bearing the same rate of interest in the aggregate principal amount awarded to such purchaser at such interest rate. Principal of and interest on such Notes will be payable in Federal Funds by the Fire District, at such bank or trust company located and authorized to do business in the State of New York as selected by the successful bidder(s). ubject to completion or amendmen If the Notes are issued in book-entry form, such notes will be delivered to DTC, which will act as securities depository for the Notes. Beneficial owners will not receive certificates representing their interest in the Notes. Individual purchases may be made in denominations of $5,000 or integral multiples thereof. A single note certificate will be issued for those Notes bearing the same rate of interest and CUSIP number in the aggregate principal amount awarded to such purchaser(s) at such interest rate. Principal of and interest on said Notes will be paid in Federal Funds by the Fire District to Cede & Co., as nominee for DTC, which will in turn remit such principal and interest to its participants for subsequent distribution to the beneficial owners of the Notes as described herein. Transfer of principal and interest payments to beneficial owners by participants of DTC will be the responsibility of such participants and other the securities, in any jurisdiction in which such offer, solic offer, such which in jurisdiction inany securities, the nominees of beneficial owners. The Fire District will not be responsible or liable for payments by DTC to its participants or by DTC participants to beneficial owners or for maintaining, supervising or reviewing the records maintained by DTC, its participants or persons rmation rmation contained herein are s acting through such participants. (See "Book-Entry-Only System" herein). Capital Markets Advisors, LLC has served as the Municipal Advisor to the Fire District in connection with the issuance of the Notes. The Notes are offered subject to the final approving opinion of Orrick, Herrington & Sutcliffe LLP, New York, New York, Bond Counsel, and certain other conditions. It is anticipated that the Notes will be available for delivery through the facilities of DTC in Jersey City, New Jersey or as otherwise agreed with the purchaser(s) on the Date of Issue stated above. THIS PRELIMINARY OFFICIAL STATEMENT IS IN A FORM “DEEMED FINAL” BY THE FIRE DISTRICT FOR THE PURPOSE OF SECURITIES AND EXCHANGE COMMISSION RULE 15c2-12. FOR A DESCRIPTION OF THE FIRE y Offering Statement and the info r DISTRICT’S AGREEMENT TO PROVIDE CONTINUING DISCLOSURE FOR THE NOTES AS DESCRIBED IN THE RULE, SEE “DISCLOSURE UNDERTAKING” HEREIN. Dated: July __, 2021 This Prelimina solicitation of an offer to buy, nor shall there be any sale of sale be any there shall nor buy, to offer an of solicitation HARRISON WATER DISTRICT NO. 2 (FIRE PROTECTION DISTRICT NO. 2) IN THE TOWN OF HARRISON WESTCHESTER COUNTY, NEW YORK RONALD BELMONT Chairman of the Board of Fire Commissioners BOARD OF FIRE COMMISSIONERS Richard Dioniso ................................................................ Commissioner Frank Gordan ................................................................ Commissioner Lauren Leader ................................................................ Commissioner Fred W. Sciliano ................................................................ Commissioner ____________________ Maureen Mackenzie ................................................... Fire District Treasurer Jacqueline Greer ..........................................................Fire District Clerk ______________________________ BOND COUNSEL Orrick, Herrington & Sutcliffe LLP New York, New York ______________________________ MUNICIPAL ADVISOR CAPITAL MARKETS ADVISORS, LLC Long Island * Hudson Valley * Southern Tier * Western New York (516) 487-9818 No dealer, broker, salesman or other person has been authorized by the Fire District to give any information or to make any representations, other than those contained in this Official Statement and if given or made, such other information or representations must not be relied upon as having been authorized by the Fire District. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Notes by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation or sale. The information set forth herein has been obtained by the Fire District from sources which are believed to be reliable but it is not guaranteed as to accuracy or completeness. The information and expressions of opinion herein are subject to change without notice and neither the delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the Fire District since the date hereof. TABLE OF CONTENTS Page Page THE NOTES .................................................................. 1 COVID-19... .............................................................. ...9 Description ............................................................... 1 CYBERSECURITY ....................................................... 9 Authority for and Purpose of the Notes .................... 1 LITIGATION ................................................................ 10 Optional Redemption ............................................... 1 TAX MATTERS ........................................................... 10 Nature of Obligation ................................................. 2 LEGAL MATTERS ...................................................... 11 Book-Entry-Only System ........................................ 3 DISCLOSURE UNDERTAKING ................................. 11 TAX LEVY LIMITATION LAW ................................. 5 RATINGS ...................................................................... .12 SPECIAL PROVISIONS AFFECTING MUNICIPAL ADVISOR .............................................. .12 REMEDIES UPON DEFAULT .................................... 6 MISCELLANEOUS ...................................................... .12 MARKET FACTORS AFFECTING FINANCINGS OF THE STATE AND MUNICIPALITIES OF THE STATE ........................... 8 APPENDIX A Valuations and Tax Data ................................................ A-5 THE FIRE DISTRICT .......................................................... A-1 Tax Collection Procedure ............................................... A-5 General Information .......................................................
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