Public Recreational Facilities Authority


CUSIP 11943DAC2
  • Issue Currency: United States of America Dollars
  • Announcement Date: 11-Feb-2016
  • News: Municipal Name: Public Recreational Facilities Authority CUSIP: 11943DAC2 Currency: USD Public Recreational Facilities Authority announced today that the trustee failed to provide a Notice of Default and Demand For Cure Certificate of the Original Indenture of Series 2005A Bonds is cured. For Bond Document please visit www.BondPDF.com
CUSIP 11943DAD0
  • Issue Currency: United States of America Dollars
  • Announcement Date: 11-Feb-2016
  • News: Municipal Name: Public Recreational Facilities Authority CUSIP: 11943DAD0 Currency: USD Public Recreational Facilities Authority announced today that the trustee failed to provide a Notice of Default and Demand For Cure Certificate of the Original Indenture of Series 2005A Bonds is cured. For Bond Document please visit www.BondPDF.com
CUSIP 11943DAD0
  • Issue Currency: United States of America Dollars
  • Announcement Date: 14-Jun-2016
  • News: Reference is made to the Trust Agreement, dated as of April 1, 2005 (the Trust Agreement), between Public Recreational Facilities Authority of the City of Buena Vista, Virginia (the Issuer) and Suntrust Bank, as Trustee (the Original Trustee). The Lease Revenue Bonds named above (the Bonds) were issued pursuant to and are governed by the Trust Agreement. The Bonds were issued to refinance previously issued bonds, the proceeds of which were used to fund the purchase, construction and equipping of a municipal golf course. The Issuer leased the golf course to the City of Buena Vista, Virginia (the City) under that certain Lease Agreement dated as of April 1, 2015 (the Lease Agreement) between the Issuer and the City. Capitalized terms not otherwise defined herein have the meanings given to them in the Trust Agreement. Payment of principal and interest on the Bonds when due is insured by a bond insurance policy issued by ACA Financial Guaranty Corporation (the Bond Insurer). The Bond Insurer has appointed UMB Bank, National Association (the Successor Trustee) as successor Trustee under the Trust Agreement. Such appointment has been accepted and has become effective. For Bond Document please visit www.BondPDF.com



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