Irvine Unified School District Community Facilities District No. 09-1
CUSIP 463612GF2
- Issue Currency: United States of America Dollars
- Announcement Date: 13-Jun-2017
- News: In accordance with Section 3.10 of the Indenture, all of the Outstanding $35,500,000 aggregate principal amount of the Irvine Unified School District Community Facilities District No. 09-1 Adjustable Rate Special Tax Bonds, Series 2014 A (the Series 2014 A Bonds), are to be amended to Amended Fixed Rate Bonds (the Series 2017 C Amended Fixed Rate Bonds) on June 29, 2017 (the Amended Fixed Rate Bonds Effective Date). Pursuant to Section 5.02(a) of the Indenture, the Series 2014 A Bonds are subject to mandatory purchase on the Amended Fixed Rate Bonds Effective Date. You are hereby notified that: (a) the Mandatory Purchase Date for the Series 2014 A Bonds is June 29, 2017; (b) each of the Series 2014 A Bonds must be tendered for purchase by delivery of such Series 2014 A Bonds to the Trustee at the Office of the Trustee on or prior to the Mandatory Purchase Date and any Series 2014 A Bonds not so tendered for purchase as required will be deemed to have been so tendered and, upon provision for payment of the Purchase Price therefor from the funds specified in the Indenture, will be deemed to have been purchased on the Mandatory Purchase Date after which no interest will accrue thereon for the benefit of the Owner required to so tender such Series 2014 A Bonds and such Owner will have no rights under the Indenture as the Owner of such Series 2014 A Bonds except the right to receive the Purchase Price thereof.
- Issue Currency: United States of America Dollars
- Announcement Date: 13-Jun-2017
- News: In accordance with Section 3.10 of the Indenture, all of the Outstanding $35,500,000 aggregate principal amount of the Irvine Unified School District Community Facilities District No. 09-1 Adjustable Rate Special Tax Bonds, Series 2014 A (the Series 2014 A Bonds), are to be amended to Amended Fixed Rate Bonds (the Series 2017 C Amended Fixed Rate Bonds) on June 29, 2017 (the Amended Fixed Rate Bonds Effective Date). Pursuant to Section 5.02(a) of the Indenture, the Series 2014 A Bonds are subject to mandatory purchase on the Amended Fixed Rate Bonds Effective Date. You are hereby notified that: (a) the Mandatory Purchase Date for the Series 2014 A Bonds is June 29, 2017; (b) each of the Series 2014 A Bonds must be tendered for purchase by delivery of such Series 2014 A Bonds to the Trustee at the Office of the Trustee on or prior to the Mandatory Purchase Date and any Series 2014 A Bonds not so tendered for purchase as required will be deemed to have been so tendered and, upon provision for payment of the Purchase Price therefor from the funds specified in the Indenture, will be deemed to have been purchased on the Mandatory Purchase Date after which no interest will accrue thereon for the benefit of the Owner required to so tender such Series 2014 A Bonds and such Owner will have no rights under the Indenture as the Owner of such Series 2014 A Bonds except the right to receive the Purchase Price thereof; (c) all Series 2014 A Bonds will be purchased on the Mandatory Purchase Date at the applicable Purchase Price, which is an amount equal to 100% of the principal amount of such Series 2014 A Bonds, plus accrued interest to the Mandatory Purchase Date; (d) the Amended Fixed Rate Bonds Effective Date for the Series 2014 A Bonds is June 29, 2017; (e) the Series 2017 C Amended Fixed Rate Bonds are to be sold to a Purchaser; and (f) the rights of the Owners of Series 2014 A Bonds to tender such Series 2014 A Bonds for purchase prior to the Amended Fixed Rate Bonds Effective Date, and the procedures for such a tender, remain in effect.
- Issue Currency: United States of America Dollars
- Announcement Date: 13-Jun-2017
- News: In accordance with Section 3.10 of the Indenture, all of the Outstanding $48,375,000 aggregate principal amount of the Irvine Unified School District Community Facilities District No. 09-1 Adjustable Rate Special Tax Bonds, Series 2012 B (the Series 2012 B Bonds), are to be amended to Amended Fixed Rate Bonds (the Series 2017 B Amended Fixed Rate Bonds) on June 29, 2017 (the Amended Fixed Rate Bonds Effective Date). Pursuant to Section 5.02(a) of the Indenture, the Series 2012 B Bonds are subject to mandatory purchase on the Amended Fixed Rate Bonds Effective Date. You are hereby notified that: (a) the Mandatory Purchase Date for the Series 2012 B Bonds is June 29, 2017; (b) each of the Series 2012 B Bonds must be tendered for purchase by delivery of such Series 2012 B Bonds to the Trustee at the Office of the Trustee on or prior to the Mandatory Purchase Date and any Series 2012 B Bonds not so tendered for purchase as required will be deemed to have been so tendered and, upon provision for payment of the Purchase Price therefor from the funds specified in the Indenture, will be deemed to have been purchased on the Mandatory Purchase Date after which no interest will accrue thereon for the benefit of the Owner required to so tender such Series 2012 B Bonds and such Owner will have no rights under the Indenture as the Owner of such Series 2012 B Bonds except the right to receive the Purchase Price thereof.
