NOTICE IS HEREBY GIVEN that on July 28, 2021, the New York State Thruway Authority (the “Authority”) made a deposit of money and direct obligations of the United States of America with The Bank of New York Mellon, as successor to The Bank of New York, the Trustee and Escrow Agent, in accordance with Section A-1104 of the General Resolution of the Authority, adopted June 27, 2002, as supplemented (the “General Resolution”), sufficient to (A) defease the State Personal Income Tax Revenue Bonds (Transportation) described in the table below (collectively, the “Refunded Bonds”), and (B) redeem all of the Refunded Bonds on September 15, 2021 (the “Redemption Date”), at a redemption price of one hundred percent (100%) of the principal amount of the Refunded Bonds, plus accrued interest to the Redemption Date. As a result of such deposit and the Authority’s irrevocable call for redemption prior to maturity of the Refunded Bonds, notice of which is hereby given, the Refunded Bonds are deemed to have been paid in accordance with Section A-1104 of the General Resolution.
NOTICE OF DEFEASANCE AND REDEMPTION - New York State Thruway Authority - State Personal Income Tax Revenue Bonds (Transportation), Series 2012A
August 04, 2021, 12:01 a.m. EDT 1 Min Read