Fort Bend Independent School District
CUSIP 346843HN8
- Issue Currency: United States of America Dollars
- Announcement Date: 27-Jun-2016
- News: NOTICE IS HEREBY GIVEN by Wilmington Trust, National Association, as Paying Agent/Registrar for the Bonds, that the Bonds shall be converted on August 1, 2016 (the Conversion Date) from the Initial Rate Period to a Term Rate Period, which Term Rate Period shall commence on the Conversion Date and continue through and including July 31, 2018 (the New Term Rate Period). No Liquidity Facility or Liquidity Agreement shall be provided for the Bonds upon such conversion to the New Term Rate Period. In accordance with the terms of the Order, an Opinion of Bond Counsel, dated as of June 15, 2016 (the Conversion Opinion), has been delivered to the Paying Agent/Registrar and the Remarketing Agent in connection with such conversion to the New Term Rate Period, which Conversion Opinion shall, pursuant to the terms of the Order, be confirmed on the Conversion Date. The Remarketing Agent will determine the Term Rate for the New Term Rate Period not later than 12:00 p.m., New York City time, on a Business Day that is not less than one Business Day preceding the Conversion Date. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 27-Jun-2016
- News: NOTICE IS HEREBY GIVEN by Wilmington Trust, National Association, as Paying Agent/Registrar for the Bonds, that the Bonds shall be converted on August 1, 2016 (the Conversion Date) from the Initial Rate Period to a Term Rate Period, which Term Rate Period shall commence on the Conversion Date and continue through and including July 31, 2018 (the New Term Rate Period). No Liquidity Facility or Liquidity Agreement shall be provided for the Bonds upon such conversion to the New Term Rate Period. In accordance with the terms of the Order, an Opinion of Bond Counsel, dated as of June 15, 2016 (the Conversion Opinion), has been delivered to the Paying Agent/Registrar and the Remarketing Agent in connection with such conversion to the New Term Rate Period, which Conversion Opinion shall, pursuant to the terms of the Order, be confirmed on the Conversion Date. The Remarketing Agent will determine the Term Rate for the New Term Rate Period not later than 12:00 p.m., New York City time, on a Business Day that is not less than one Business Day preceding the Conversion Date. NOTICE IS HEREBY FURTHER GIVEN that, pursuant to the terms of the Order, the Bonds are subject to mandatory tender for purchase on the Conversion Date at a Purchase Price equal to the par amount thereof. Pursuant to the terms of the Order, the Conversion Date is an Interest Payment Date. No Owner has any right to retain its Bond. The Depository Trust Company, New York, New York (DTC), acts as securities depository for the Bonds. Payment of the Purchase Price of the Bonds and delivery of the Bonds in connection with the mandatory tender thereof on the Conversion Date shall be governed by DTCs book-entry only system and the terms and provisions of the Order. In the event that the confirmation of the Conversion Opinion is not delivered on the Conversion Date or if all of the Bonds are not converted and remarketed to new purchasers on the Conversion Date, the mandatory tender will be deemed to have been rescinded for that date, the conversion of the Bonds to the New Term Rate Period shall not occur, and the provisions of Section 4.08 of the Order shall apply to such failed conversion and remarketing. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 28-Jun-2017
- News: NOTICE IS HEREBY GIVEN by Wilmington Trust, National Association, as Paying Agent/Registrar for the Bonds, that the Bonds Being Converted shall be converted on August 1, 2017 (the Conversion Date) from the Initial Rate Period to a Term Rate Period, which Term Rate Period shall commence on the Conversion Date and continue through and including a date that is not earlier than July 31, 2018 or later than July 31, 2022 (the New Term Rate Period). The length of the New Term Rate Period will be established by the District prior to the Conversion Date. No Liquidity Facility or Liquidity Agreement shall be provided for the Bonds upon such conversion to the New Term Rate Period. In accordance with the terms of the Order, an Opinion of Bond Counsel, dated as of June 14, 2017 (the Conversion Opinion), has been delivered to the Paying Agent/Registrar and the Remarketing Agent in connection with such conversion to the New Term Rate Period, which Conversion Opinion shall, pursuant to the terms of the Order, be confirmed on the Conversion Date. The Remarketing Agent will determine the Term Rate for the New Term Rate Period not later than 12:00 p.m., New York City time, on a Business Day that is not less than one Business Day preceding the Conversion Date. NOTICE IS HEREBY FURTHER GIVEN that, pursuant to the terms of the
