NOTICE OF DEFEASANCE To the Holders of New York State Urban Development Corporation_State Sales Tax Revenue Bonds, Series 2020A identified on the attached Exhibit A

NOTICE IS HEREBY GIVEN, with respect to the above-referenced bonds identified on Exhibit A attached hereto (collectively, the "Bonds") that (i) the New York State Urban Development Corporation (the "Corporation") has made a deposit pursuant to Section A-1104 of the State Sales Tax Revenue Bonds General Bond Resolution of the Corporation,adopted on September 19, 2019 (the "Sales Tax General Resolution"), with the undersigned in order to defease the Bonds and (ii) the Bonds are deemed to have been paid in accordance with Section A-1104 of the Sales Tax General Resolution.

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