CUSIP 220633TA9

• ISIN: US220633TA97
• Entity Name: City of Cortland
• Sector: Municipal
• Announcement Date: 14-Jun-2017
• Effective Date: 01-Jun-2017
• Issue Date: *****
• Maturity Date: 01-Jun-2031
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• CA Type: Coupon Default
• News: As required under S.E.C. Rule 15c2-12, the above referenced City is filing a Material Event Notice due to an interest payment delinquency by the City. On June 1, 2017, the City had inadvertently missed an interest payment due for the $6,125,000 Public Improvement Refunding (Serial) Bonds, 2017. Due to a clerical error the payment was not made until June 9, 2017. The payment was the first payment scheduled for the bonds and the City has no reason to believe there will be any delinquent payments in the future.
• Description: Municipal Name: City of Cortland CUSIP: 220633TA9 Currency: USD City of Cortland announced today that it not paid the interest payment due to insufficient money on Revenue Fund for Series 2017 Public Improvement Refunding Bonds on June 1, 2017.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US220633TA97