Municipal Advisor Disclosure

City of New York – Municipal Advisor Disclosure

The City has retained registered municipal advisors. The City is represented by, and will rely on, its municipal advisors Public Resources Advisory Group, Inc. (“PRAG”) and Frasca & Associates, LLC (“Frasca”) to provide advice on proposals from underwriters concerning the issuance of municipal securities and municipal financial products generally (including the investment of bond proceeds and escrow investments). The contact person at PRAG is Steven Peyser. The contact person at Frasca is Marvin Sun. The City’s contracts with PRAG and Frasca extend through June 30, 2028 (or through June 30, 2029 or June 30, 2030, if so extended by the City); accordingly, this certificate may be relied upon until such date or until its earlier withdrawal (notice of which will be posted on this website). If a proposal received from an underwriter will be seriously considered by the City, the City will share the proposal with its municipal advisors. The City makes no representation as to the independence of its municipal advisors with respect to any individual municipal market participant.