NOTICE IS HEREBY GIVEN to the holders of the below-noted bonds (the "Bonds") of the Cape May County Bridge Commission (the "Commission") that there has been irrevocably deposited with U.S. Bank National Association, as Escrow Agent (the "Escrow Agent"), pursuant to the Escrow Deposit Agreement, dated December 1, 2020, by and between the Commission and the Escrow Agent, sufficient moneys and federal securities, the principal of and interest on which, together with the moneys deposited with the Escrow Agent, shall be sufficient to pay, when due, the Redemption Price of the Bonds, all as set forth below, and the interest due and to become due on the Bonds on their redemption date (June 1, 2022), all pursuant to Article VII of the Commission's Resolution Authorizing the Issuance of Revenue Bonds of the Cape May County Bridge Commission adopted by the Commission on December 11, 1990, as amended and supplemented (collectively, the "Resolution").
NOTICE OF DEFEASANCE OF A PORTION OF CAPE MAY COUNTY BRIDGE COMMISSION COUNTY GUARANTEED REVENUE BONDS, SERIES 2012
January 20, 2021, 12:01 a.m. EST 1 Min Read