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OTHER-2021-023 Escrow Agreement
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OTHER-2021-023 Escrow Agreement
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Last modified
8/27/2021 3:04:20 PM
Creation date
8/27/2021 3:02:52 PM
Metadata
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Template:
BOCC
Date
5/18/2021
Meeting Type
Business
Document Type
Others
Agenda Item
8-e
Document Relationships
Agenda - 05-18-2021; 8-e - Adoption of the Final Financing Resolution Authorizing the Issuance of Installment Purchase Financing for Various CIP Projects and To Refinance Existing County Obligations
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 05-18-2021 Virtual Business Meeting
Agenda for May 18, 2021 Board Meeting
(Attachment)
Path:
\Board of County Commissioners\BOCC Agendas\2020's\2021\Agenda - 05-18-2021 Virtual Business Meeting
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Interest on the Bonds will cease to accrue from and after October 1, 2022. <br /> The Bonds maturing October 1, 2022, have not been refunded or <br /> defeased and will be paid in the ordinary course. <br /> Payment of the redemption price for the Bonds will be made on presentation <br /> and surrender of the Bonds through The Depository Trust Company. <br /> The County has deposited with the Escrow Agent United States Treasury <br /> Obligations sufficient to pay the redemption price in a timely manner. <br /> All owners submitting their Bonds must also submit Internal Revenue Service <br /> Form W-9. Failure to provide a completed Form W-9 will result in 31% backup <br /> withholding to bondowners pursuant to the Interest and Dividend Tax Compliance <br /> Act of 1983. Form W-9 may be obtained from the Internal Revenue Service. <br /> Persons seeking additional information may contact the undersigned Escrow <br /> Agent at [telephone number]. <br /> The Bank of New York Mellon Trust Company, N.A., <br /> as Escrow Agent <br /> Jacksonville, Florida <br /> 17 <br />
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