CUSIP 394376BV8

• ISIN: US394376BV88
• Entity Name: Greene County Development Authority
• Sector: Municipal Agency
• Announcement Date: 03-Jan-2018
• Effective Date: 02-Jan-2018
• Issue Date: *****
• Maturity Date: 01-Jan-2046
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• CA Type: Unscheduled Draw
• News: On January 2, 2018, interest on the Series 2015A Bonds in the amount of $1,137,593.75 came due. There were insufficient funds in the 2015A Capitalized Interest Account, the Bond Fund, the Surplus Fund, the Operating Reserve Fund and the Repair and Replacement Fund to pay this amount in full. Therefore, pursuant to Sections 5.07 and 5.11 of the Indenture, the Trustee drew on the 2015A Debt Service Reserve Account to make the scheduled interest payment on the Series 2015A Bonds.
• Description: Municipal Name: Greene County Development Authority CUSIP: 394376BV8 Currency: USD Greene County Development Authority today announced that the trustee has drawn the amount of USD from the Debt Service Reserve Fund for the interest payment relating to the Series 2015B Subordinated Adjustable Rate Revenue Bonds on January 2, 2018.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US394376BV88