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Res-2020-010
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2020-01-21 10:00 AM - Commissioners' Agenda
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Res-2020-010
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Last modified
1/29/2020 9:26:41 AM
Creation date
1/29/2020 9:25:20 AM
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Meeting
Date
1/21/2020
Meeting title
Commissioners' Agenda
Location
Commissioners' Auditorium
Address
205 West 5th Room 109 - Ellensburg
Meeting type
Regular
Meeting document type
Fully Executed Version
Supplemental fields
Alpha Order
h
Order
8
Placement
Consent Agenda
Row ID
59336
Type
Resolution
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APPENDIX B <br />Notice of Defeasance* <br />Kittitas County, Washington <br />Limited Tax General Obligation and Refunding Bonds, 2010 <br />NOTICE IS HEREBY GIVEN to the owners of that portion of the above captioned bonds <br />with respect to which, pursuant to an Escrow Agreement dated , 2020, by and <br />between Kittitas County, Washington (the "County") and , <br />(the "Escrow Agent"), the County has deposited into an escrow account, held by the Escrow <br />Agent, cash or non -callable direct obligations of the United States of America, the principal of <br />and interest on which, when due, will provide money to pay each year, to and including the <br />respective maturity or redemption dates of such bonds so provided for, the principal thereof and <br />interest thereon (the "2010 Bonds"). Such 2010 Bonds are therefore deemed to be no longer <br />outstanding pursuant to Resolution No. 2010-099 of the County authorizing the 2010 Bonds, but <br />will be paid by application of the assets in such escrow. <br />The 2010 Bonds are described as follows: <br />Kittitas County, Washington <br />Limited Tax General Obligation and Refunding Bonds, 2010 <br />(Dated September 30, 2010) <br />Maturity Years <br />Par Amounts <br />Interest <br />Call Date <br />(December 1) <br />Defeased <br />Rates <br />CUSIP Nos. <br />(100%) <br />2020 <br />$ 510,000 <br />3.000% <br />498226AZ2 <br />06/01/2020 <br />2021 <br />520,000 <br />3.000 <br />498226BA6 <br />06/01/2020 <br />2022 <br />530,000 <br />3.000 <br />49822613134 <br />06/01/2020 <br />2023 <br />555,000 <br />3.000 <br />498226BC2 <br />06/01/2020 <br />2024 <br />565,000 <br />3.125 <br />498226BDO <br />06/01/2020 <br />2025 <br />590,000 <br />3.250 <br />498226BE8 <br />06/01/2020 <br />2026 <br />610,000 <br />3.375 <br />49822613175 <br />06/01/2020 <br />2027 <br />625,000 <br />3.375 <br />498226BG3 <br />06/01/2020 <br />2028 <br />650,000 <br />3.500 <br />498226BHI <br />06/01/2020 <br />2029 <br />665,000 <br />3.625 <br />498226BJ7 <br />06/01/2020 <br />2030 <br />690,000 <br />3.750 <br />498226BK4 <br />06/01/2020 <br />* This notice shall be given immediately by first-class mail to each registered owner of the 2010 Bonds. In <br />addition notice shall be mailed to The Depository Trust Company of New York, New York; Robert W. Baird & Co.; <br />Fitch Ratings, S&P Global Ratings, and the MSRB. <br />Page 1—Appendix B 502686980 v1 <br />
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