Crawford Health Facilities Development Corporation


CUSIP 22502CAA8
  • Issue Currency: United States of America Dollars
  • Announcement Date: 02-Jan-2018
  • News: Regions Bank is communicating the following to you in its capacity as trustee (the Trustee) under the Trust Indenture dated as of July 1, 2016 (the Indenture) for the above-referenced bonds (the Bonds) of the Crawford Health Facilities Development Corporation (the Issuer) and as the Dissemination Agent under the Continuing Disclosure Agreement (the Agreement) between Issuer, LLV1, LP (the Borrower), and Trustee, in its capacity as Dissemination Agent, dated as of July 1, 2016. Capitalized terms used herein but not defined herein shall have the respective meanings set forth in the Indenture. On January 2, 2018, the Trustee made an unscheduled draw on the Debt Service Reserve Fund for the purpose of paying accrued interest due to bondholders on January 1, 2018. The total amount due was $442,800.00. Of this amount $10,670.43 was paid from the Capitalized Interest Account, and $432,129.57 was paid from the Debt Service Reserve Fund. The Debt Service Reserve Fund balance after the draw is $627,311.76. Pursuant to the Indenture, the Required Reserve to be maintained in the Debt Service Reserve Fund is $1,050,000.
CUSIP 22502CAA8
  • Issue Currency: United States of America Dollars
  • Announcement Date: 30-Jun-2018
  • News: Regions Bank is communicating the following to you in its capacity as trustee (the Trustee) under the Trust Indenture dated as of July 1, 2016 (the Indenture) for the above-referenced bonds (the Bonds) of the Crawford Health Facilities Development Corporation (the Issuer) and as the Dissemination Agent under the Continuing Disclosure Agreement (the Agreement) between Issuer, LLV1, LP (the Borrower), and Trustee, in its capacity as Dissemination Agent, dated as of July 1, 2016. Capitalized terms used herein but not defined herein shall have the respective meanings set forth in the Indenture. On July 2, 2018, the Trustee made an unscheduled draw on the Debt Service Reserve Fund for the purpose of paying accrued interest due to bondholders on July 1, 2018. The total amount due was $442,800.00. Of this amount $8.07 was paid from the Capitalized Interest Account, and $442,791.93 was paid from the Debt Service Reserve Fund. The Debt Service Reserve Fund balance after the draw is $281,074.07. Pursuant to the Indenture, the Required Reserve to be maintained in the Debt Service Reserve Fund is $1,050,000. Owners who wish to communicate with the Trustee, or who did not receive a copy of this communication directly from the Trustee and who wish to receive further communications at an address other than the address to which this Notice was delivered, should contact the Trustee by email or in writing at the following address: Regions Bank Attn: Deloris Lynch 3773 Richmond Ave., Suite 1100 Houston, TX 77046 deloris.lynch@regions.com Fax: (713) 960-4058 This Notice is provided for informational purposes only. The Trustee gives no legal, financial or tax advice regarding the Bonds or the matters described herein. Owners should consult their own professionals regarding the Bonds. The Trustee is acting solely as dissemination agent and has not and will not review, analyze, or assess the information provided and makes no representations as to its accuracy or completeness. Trustee will not request updates or status reports with regard to the information provided. Owners should consult their own professional advisors regarding the information provided.



Data Unleashed

All of the Municipal Disclosure provided on MuniAlerts are sourced from FactEntry.


This site best viewed in the latest version of Google Chrome or Firefox.
© FactEntry 2024