NEW ISSUE-BOOK-ENTRY-ONLY INSURED RATING: S&P Global Ratings: AA UNDERLYING RATINGS: S&P Global Ratings: AA- Moody’s: A2 (See “MISCELLANEOUS - Ratings” herein) ® In the opinion of Bond Counsel, assuming continuing compliance by the District with certain covenants, interest on the Series 2021 Bonds is excludable from gross income for federal income tax purposes under existing statutes, regulations and judicial decisions. Interest on the Series 2021 Bonds is not an item of tax preference for purposes of the alternative minimum tax. See “TAX EXEMPTION” for a brief description of certain federal income tax consequences to certain recipients of interest on the Series 2021 Bonds. The Series 2021 Bonds and the interest thereon will also be exempt from all State, county, municipal and school district and other taxes or assessments imposed within the State of South Carolina, except estate, transfer and certain franchise taxes. $11,030,000 STARR-IVA WATER AND SEWER DISTRICT, SOUTH CAROLINA WATERWORKS AND SEWER SYSTEM REVENUE REFUNDING BONDS SERIES 2021 Dated: Date of Delivery Due: June 1 as shown below The Starr-Iva Water and Sewer District, South Carolina Waterworks and Sewer System Revenue Refunding Bonds, Series 2021 (the “Series 2021 Bonds”) will initially be issued to and registered only in the name of Cede & Co., as nominee for The Depository Trust Company, New York, New York (“DTC”), which will act as securities depository for the Series 2021 Bonds. The Series 2021 Bonds will be available to purchasers under the book-entry system maintained by DTC through brokers and dealers who are, or act through, DTC Participants. Purchasers will not be entitled to receive physical delivery of the Series 2021 Bonds. For so long as any purchaser is the beneficial owner of a Series 2021 Bond, such purchaser must maintain an account with a broker or dealer who is, or acts through, a DTC Participant in order to receive payment of principal of and interest on such Series 2021 Bond. See “THE SERIES 2021 BONDS - Book-Entry-Only System” herein. The Bank of New York Mellon Trust Company, N.A. is serving as Trustee for the Series 2021 Bonds. The Series 2021 Bonds will be issued in fully-registered form in denominations of $5,000 or any integral multiple thereof. Interest on the Series 2021 Bonds (payable each June 1 and December 1, commencing June 1, 2021) is payable by payment to DTC or its nominee as the registered owner of the Series 2021 Bonds. Disbursements of payments of interest and of principal to DTC Participants is the responsibility of DTC, and disbursement of such payments to the owners of book-entry interests is the responsibility of DTC Participants and Indirect Participants, as more fully described herein. The Series 2021 Bonds are being issued under the authority of the Constitution and laws of the State of South Carolina, including Title 6, Chapter 17 of the Code of Laws of South Carolina 1976, as amended, and pursuant to the provisions of a Bond Resolution and a Series Resolution adopted by the Board (the “Board”), the governing body of Starr-Iva Water and Sewer District, South Carolina (the “District”), a special purpose district and a political subdivision of the State of South Carolina. The Series 2021 Bonds are subject to optional and mandatory redemption prior to maturity as described herein. The Series 2021 Bonds are being issued (i) to provide the funds required to pay the redemption price of the Refunded Bonds (as defined herein); and (ii) to pay certain costs of issuance of the Series 2021 Bonds. The Series 2021 Bonds are payable solely from and secured by a pledge of and lien upon the portion of Gross Revenues remaining after payment of the costs of operation and maintenance of the waterworks and sewer system of the District (the “System”). See “SECURITY FOR THE SERIES 2021 BONDS” herein. MATURITY SCHEDULE Due Principal Interest Due Principal Interest June 1 Amount Rate Yield CUSIP* June 1 Amount Rate Yield CUSIP* 2021 $235,000 4.00% 0.26% 855610AA9 2029 $320,000 4.00% 1.05% 855610AJ0 2022 240,000 4.00 0.31 855610AB7 2030 335,000 4.00 1.18 855610AK7 2023 250,000 4.00 0.36 855610AC5 2031 345,000 4.00 1.31 855610AL5 2024 260,000 4.00 0.43 855610AD3 2032 360,000 3.00 1.56c 855610AM3 2025 270,000 4.00 0.49 855610AE1 2033 370,000 2.00 1.65c 855610AN1 2026 285,000 4.00 0.62 855610AF8 2034 375,000 2.00 1.75c 855610AP6 2027 295,000 4.00 0.75 855610AG6 2035 385,000 2.00 1.86c 855610AQ4 2028 305,000 4.00 0.90 855610AH4 2036 390,000 2.00 1.89c 855610AR2 $1,645,000 2.000% Term Bond Due June 1, 2040, Yield 2.05%, CUSIP 855610AS0 $1,320,000 2.125% Term Bond Due June 1, 2043, Yield 2.16%, CUSIP 855610AT8 $1,275,000 2.250% Term Bond Due June 1, 2046, Yield 2.25%, CUSIP 855610AU5 $1,770,000 2.250% Term Bond Due June 1, 2050, Yield 2.30%, CUSIP 855610AV3 cYield to June 1, 2031 call at 100% THE SERIES 2021 BONDS DO NOT CONSTITUTE AN INDEBTEDNESS OF STARR-IVA WATER AND SEWER DISTRICT, SOUTH CAROLINA WITHIN THE MEANING OF ANY PROVISION, LIMITATION OR RESTRICTION OF THE CONSTITUTION OR THE LAWS OF THE STATE OF SOUTH CAROLINA, OTHER THAN THOSE PROVISIONS AUTHORIZING INDEBTEDNESS PAYABLE SOLELY FROM A REVENUE-PRODUCING PROJECT NOT INVOLVING REVENUES FROM ANY TAX OR LICENSE. THE DISTRICT IS NOT OBLIGATED TO PAY ANY OF THE SERIES 2021 BONDS OR THE INTEREST THEREON EXCEPT FROM REVENUES DERIVED FROM THE OPERATION OF THE SYSTEM. NO RECOURSE MAY BE HAD FOR THE PAYMENT OF THE SERIES 2021 BONDS AGAINST THE GENERAL FUND OF THE DISTRICT, AND THE FULL FAITH AND CREDIT OF THE DISTRICT SHALL NOT BE DEEMED PLEDGED TO THE PAYMENT OF THE SERIES 2021 BONDS. THE DISTRICT HAS NO TAXING POWER. The scheduled payment of principal of and interest on the Series 2021 Bonds when due will be guaranteed under a municipal bond insurance policy to be issued concurrently with the delivery of the Series 2021 Bonds by Assured Guaranty Municipal Corp. The Series 2021 Bonds are offered when, as and if issued and delivered to the Underwriter and are subject to the approval of legality and of certain other legal matters by Haynsworth Sinkler Boyd, P.A., Greenville, South Carolina, Bond Counsel. Certain legal matters will be passed upon for the Underwriter by its counsel, Parker Poe Adams & Bernstein LLP, Columbia, South Carolina, and for the District by its counsel, Rame L. Campbell Law Office, Anderson, South Carolina. Haynsworth Sinkler Boyd, P.A., Charleston, South Carolina, is serving as Disclosure Counsel. Southern Municipal Advisors, Inc. serves as Municipal Advisor to the District. It is expected that the Series 2021 Bonds will be available for delivery through the facilities of DTC on or about January 27, 2021, against payment therefor. This cover page contains certain information for quick reference only. It is not a summary of this issue. Investors must read the entire Official Statement to obtain information essential to the making of an informed investment decision. January 13, 2021 * Copyright, American Bankers Association. CUSIP data herein are provided by CUSIP Global Services. The CUSIP numbers listed above are being provided solely for the convenience of bondholders only at the time of issuance of the Series 2021 Bonds, and the District makes no representation with respect to such numbers nor undertakes any responsibility for their accuracy now or at any time in the future. IN CONNECTION WITH THIS OFFERING, STEPHENS INC., AS UNDERWRITER (THE “UNDERWRITER”), MAY OVERALLOT OR EFFECT TRANSACTIONS WHICH STABILIZE OR MAINTAIN THE MARKET PRICE OF THE SERIES 2021 BONDS AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET. SUCH STABILIZING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME. This Official Statement does not constitute an offering of any security other than the original offering of the Series 2021 Bonds identified on the cover. No dealer, broker, salesman or other person has been authorized 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 Starr-Iva Water and Sewer District, South Carolina (the “District”) or the Underwriter. This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, and there shall not be any sale of the Series 2021 Bonds by any person in any jurisdiction in which it is unlawful to make such offer, solicitation or sale. Certain information contained in this Official Statement may have been obtained from sources other than the District and, while believed to be reliable, is not guaranteed as to completeness or accuracy. THE INFORMATION AND EXPRESSIONS OF OPINION IN THIS OFFICIAL STATEMENT ARE SUBJECT TO CHANGE, AND NEITHER THE DELIVERY OF THIS OFFICIAL STATEMENT NOR ANY SALE MADE UNDER SUCH DOCUMENT SHALL CREATE ANY IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE DISTRICT OR THE SYSTEM. Southern Municipal Advisors, Inc. (the “Municipal Advisor”), is not obligated to undertake, and has not undertaken to make, an independent verification or to assume responsibility for the accuracy, completeness or fairness of the information contained in this Official Statement. The Municipal Advisor is an independent advisory firm and is not engaged in the business of underwriting, trading or distributing municipal securities or other public securities. Upon execution and delivery, the Series 2021 Bonds will not be registered under the Securities Act of 1933, as amended, or any state securities law, and will not be listed on any stock or other securities exchange.