Northeast Ohio Regional Sewer District


CUSIP 663903DA7
  • Issue Currency: United States of America Dollars
  • Announcement Date: 24-Mar-2016
  • News: Municipal Name: Northeast Ohio Regional Sewer District CUSIP: 663903DA7 Currency: USD Northeast Ohio Regional Sewer District announced today that it has rescinded the previously announced for the Defeasance notice for the Series 2007 Bonds. For Bond Document please visit www.BondPDF.com
CUSIP 663903ET5
  • Issue Currency: United States of America Dollars
  • Announcement Date: 18-Dec-2014
  • News: NEW ISSUE Ratings: Moodys: Aal Book-Entry Only Stuulard & Poors: AA+ See RATINGS herein. In the opinion of Squire Patton Boggs ((IS) LLPand Forbes, Fields & Associates Co., L.P.A., Go-Bond Counsel, under existing law (i) assuming continuing compliance with certain covenants and the accuracy of certain representations interest on the Series 2014 Bonds is (3.;eiudedJmrn glY)ss incermeforfederal iflCOflP tax P11PseS and iS not an item of tax prfrrenceforpnrposes of the federal cdternative minimum tax imposed on individuals and corporations: and (ii) interest on, and any profit nuide on Ihesale, eirlwnge or other (bsj)osition of; the Series 2014 Bonds are exeunptJrom all Ohio state and local taxation, except the estate tax, the domestic insurance company to; the dealers in intangibles tax, the tax leried on the basis of the total equity capital of funanri a! institutions, and the net worth base of the corponifr franchise tax. interest on the Series 2014 Bonds may be subject to certain federal taxes imposed only on certa in corpora! tons, including the copara(e alternative minimum tax on a portion of that interest. For a more complete discussion of tax aspects, see TAX MATTERS. $419,030,000 = Northeast Ohio NORTHEAST OHIO REGIONAL SEWER DISTRICT Regional Sewer District Wastewater Improvement Revenue and Refunding Bonds Series 2014 Dated: Date of Delivery Due: November 15, as slit) WIL lwreui The Wastewater Improvement Revenue and Refunding Bonds, Series 2014 (the Series 2014 Bonds) are being issued by the Northeast Ohio Regional Sewer District (the District) for the purpose of (i) paying Capital Costs (as (leflned herein) (including, without limitation, capitalized interest on the Series 2014 Bonds), (ii) advance refunding a portion of the .3109,805,0(X) ol1tstuI(liIIg Wastewater Improvement Revenue Bonds, Series 2007 (the Refunded Bonds) uid (iii) paymg Costs of Issuance (as defined herein) of the Series 2014 Bonds. The Series 2014 Bonds will be initially issued only as fully registered bonds, one for each maturhy, issuable tuider a book-entry only system, initially registered in the name of The Depository Trust Company (DTC) or its nominee. There will be no distribution of the Series 2014 Bonds to the ultimate purchasers. The Series 2014 Bonds in certificated fonu as such will not be transferable or exchangeable, except for transfer to another nominee of DTC or as otherwise described in this Official Statement. See APPENDIX D - Book-Entry Only System. Interest on the Series 2014 Bonds is payable semiannually on each May 15 and November 15, beginning May 15, 2015. Principal will be payable to the registered owner upon presentation and surrender of the Series 2014 Bonds at the designated office of The Bank of New York Mellon Trust Company, N.A., as successor to J.P. Morgan Trust Company, National Association, as the Trustee uid Paying Agent. So long as the Series 2014 Bonds are held by DTC in a bookentry only system, th



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