CUSIP 364542AA8


  • ISIN: US364542AA86
  • Entity Name: City of Galveston
  • Sector: Municipal
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Unscheduled Draw
  • News: Event Notice Reserve Fund Draw: On March 1, 2017, an unscheduled draw of $28,800.00 was drawn from the Delinquency Reserve Account of the Reserve Fund and an unscheduled draw of $256,887.50 was drawn from the Reserve Account of the Reserve Fund to pay the March 1, 2017 debt service payment on the Bonds. The unscheduled draw of funds from the Delinquency Reserve Account and Reserve Account was required because of the failure to deposit or cause to be deposited into the Pledged Revenue Fund by February 20, 2017, Annual Installments of the Assessments levied against parcels within the Bayside at Watermans Public Improvement District to pay debt service on the Bonds constituting an Event of Default under the Indenture.
  • Description: *****
  • Bond Document: https://www.bondpdf.com/bonds/US364542AA86
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US364542AA86

Data Unleashed

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