CUSIP 56781RCX3
- ISIN: US56781RCX35
- Entity Name: Marin Community College District
- Sector: Municipal Agency
- Announcement Date: 14-Dec-2017
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 01-Aug-2033
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Offer Defeasance
- News: Notice is hereby given to the holders of the outstanding Marin Community College District (County, California) Election of 2004 General Obligation Bonds, Series C maturing on August 1, 2022 through and including August 1, 2034 the Bonds) (i) that there has been deposited with U.S. Bank National Association, as escrow agent (the Escrow Agent), moneys and investment securities as permitted by the Escrow Agreement, dated as of December 1, 2017, between the Marin Community College District and the Escrow Agent (the Agreement), the principal of and the interest on which when due will provide moneys which, together with such other moneys deposited with the Escrow Agent, shall be available and sufficient (a) to pay the interest with respect to the Bonds scheduled to be paid on and prior to August 1, 2021 and (b) to redeem the Bonds on August 1, 2021 at a redemption price (expressed as a percentage of the principal amount of the Bonds to be redeemed) equal to 100%; (ii) that the Escrow Agent has been irrevocably instructed to redeem on August 1, 2021 such Bonds; and (iii) that such Bonds are deemed to be paid in accordance with Sections 3 and 9 of the Agreement.
- Description: Municipal Name: Marin Community College District CUSIP: 56781RCX3 Currency: USD Marin Community College District announced today that it will be refunding all or a portion of its Series 2011C General Obligation Bonds.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US56781RCX35
