CUSIP 802576AS7

  • ISIN: US802576AS76
  • Entity Name: Santa Rosa Bay Bridge Authority
  • Sector: Municipal Agency
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Trustee Change
  • News: THIS NOTICE CONTAINS IMPORTANT INFORMATION THAT IS OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE ABOVE BONDS. IF YOU RECEIVE THIS NOTICE AND ARE ACTING FOR A BENEFICIAL OWNER, PLEASE SEND THIS NOTICE TO THE BENEFICIAL OWNER(S) IMMEDIATELY. The Bank of New York Mellon Trust Company, N.A. was the prior trustee (the Prior Trustee) under that certain Amended and Restated Bond Resolution No. 96-1 adopted on January 10, 1996, by the Santa Rosa Bay Bridge Authority (the ""Authority""), as amended by the following: (i) Series Resolution No. 96-2 adopted on January 10, 1996; (ii) Series Resolution No. 96-3 adopted on January 24, 1996; (iii) Series Resolution No. 96-4B adopted on March 20, 1996; (iv) Series Resolution No. 96-31 adopted on May 16, 1996; and (v) Series Resolution No. 96-33 adopted on October 21, 1996 (as so amended, the ""Resolution""). Capitalized terms not defined herein shall have the meanings assigned thereto in the Resolution. Pursuant to Section 8.07 of the Resolution, the Bondholders removed the Prior Trustee as trustee under the Resolution. Because all members of the Authority have resigned, there was no Authorized Officer who could appoint a successor trustee in accordance with Section 8.08 of the Resolution. Accordingly, on or about July 21, 2016, the Prior Trustee filed a Petition to Remove and Replace Trustee (Petition) with the Circuit Court of the First Judicial Circuit in and for Santa Rosa County, Florida, Case Number 2016-603-CA (the Court). On or about September 7, 2016, the Court entered its final judgment removing the Prior Trustee and appointed UMB Bank, N.A. as successor trustee (the Successor Trustee).
  • Description: *****
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