CUSIP 22757LAB8
- ISIN: US22757LAB80
- Entity Name: Crosscreek Community Development District
- Sector: Municipal Agency
- Announcement Date: 23-Dec-2016
- Effective Date: 15-Dec-2016
- Issue Date: *****
- Maturity Date: 01-May-2017
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Default Interest
- News: U.S. Bank National Association acts as trustee (the Trustee) under the terms of that certain Master Trust Indenture dated as of February 1, 2007 (the Master Indenture), as supplemented by that certain First Supplemental Trust Indenture dated as of February 1, 2007 (the First Supplement and, together with the Master Indenture, the Indenture), each between Crosscreek Community Development District (the District) and the Trustee. Any capitalized term used, but not defined, in this Notice to Bondholders shall have the meaning assigned thereto in the Indenture. PAYMENT OF ACCRUED BUT UNPAID INTEREST ON THE SERIES 2007 BONDS This Notice of Payment will inform the recipients of this Notice that the Trustee will provide payment in the amount of $2,250,000 to be applied to the payment of accrued but unpaid interest on the Series 2007 Bonds, as approved by the Holders of 100% of the Series 2007 Bonds. The remainder of the accrued but unpaid interest is being written off. The Trustee makes no recommendations and gives no investment advice. CUSIP Total Amount Rate Per Thousand 22757L AA0 $1,328,106.68 $131.887456 22757L AB8 $921,893.32 $131.887456
- Description: Municipal Name: Crosscreek Community Development District CUSIP: 22757LAB8 Currency: USD Crosscreek Community Development District announced today that it will make a defaulted principal payment in the amount of USD 1,328,106.68 per 131.887456 for the Series 2007 Bonds on December 15, 2016.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US22757LAB80
