Eagle River Water & Sanitation District
CUSIP 26982VAJ7
- Issue Currency: United States of America Dollars
- Announcement Date: 21-Dec-2017
- News: NOTICE IS HEREBY GIVEN OF A CROSSOVER REFUNDING OF THE EAGLE RIVER WATER AND SANITATION DISTRICT, EAGLE COUNTY, COLORADO, TAXABLE ENTERPRISE WASTEWATER REVENUE BONDS (DIRECT PAY BUILD AMERICA BONDS), SERIES 2009B, MATURING ON AND AFTER DECEMBER 1, 2023. All of the 2009B Bonds maturing on and after December 1, 2023 (the Refunded Bonds), in the aggregate principal amount of $13,870,000, will be called for prior redemption on December 1, 2019 (the Redemption Date). On the Redemption Date, the principal of such Refunded Bonds plus accrued interest thereon will become due and payable at the principal office of U.S. Bank National Association, as paying agent for the 2009B Bonds, and thereafter interest will cease to accrue. The Refunded Bonds will be redeemed without a premium. The District has deposited to an escrow account held by U.S. Bank National Association an amount which will be invested in Federal Securities and will, together with interest income, be sufficient to pay the principal of such Refunded Bonds on the Redemption Date. The accrued interest will be paid by the District on the Redemption Date from legally available revenues. The Refunded Bonds are not legally defeased.
- Issue Currency: United States of America Dollars
- Announcement Date: 21-Dec-2017
- News: NOTICE IS HEREBY GIVEN OF A CROSSOVER REFUNDING OF THE EAGLE RIVER WATER AND SANITATION DISTRICT, EAGLE COUNTY, COLORADO, TAXABLE ENTERPRISE WASTEWATER REVENUE BONDS (DIRECT PAY BUILD AMERICA BONDS), SERIES 2009B, MATURING ON AND AFTER DECEMBER 1, 2023. All of the 2009B Bonds maturing on and after December 1, 2023 (the Refunded Bonds), in the aggregate principal amount of $13,870,000, will be called for prior redemption on December 1, 2019 (the Redemption Date). On the Redemption Date, the principal of such Refunded Bonds plus accrued interest thereon will become due and payable at the principal office of U.S. Bank National Association, as paying agent for the 2009B Bonds, and thereafter interest will cease to accrue. The Refunded Bonds will be redeemed without a premium. The District has deposited to an escrow account held by U.S. Bank National Association an amount which will be invested in Federal Securities and will, together with interest income, be sufficient to pay the principal of such Refunded Bonds on the Redemption Date. The accrued interest will be paid by the District on the Redemption Date from legally available revenues. The Refunded Bonds are not legally defeased.
- Issue Currency: United States of America Dollars
- Announcement Date: 10-May-2017
- News: NOTICE IS HEREBY GIVEN that on May 8, 2017, S&P Global Ratings upgraded the underlying rating on the 2009 Bonds from A to A+ (stable outlook). For Bond Document please visit www.BondPDF.com
