NEWS
$2,196,962 of Bonds issued by the North Hudson Sewerage Authority
The North Hudson Sewerage Authority successfully issued $2,196,962 of Bonds, consisting of a $1,651,964 Fund Bond (Clean Water, Project 23) and a $545,000 I-Bank Bond (Clean Water, Project 23), dated May 13, 2020 to the State of New Jersey and the New Jersey Infrastructure Bank. JP Capizzi served as Bond Counsel to the Authority in this financing.
$16,117,444 of Bonds issued by the North Hudson Sewerage Authority
The North Hudson Sewerage Authority successfully issued $16,117,444 of Bonds, consisting of a $13,602,444 Fund Bond (Clean Water, Project 22) and a $2,515,000 I-Bank Bond (Clean Water, Project 22), dated May 13, 2020 to the State of New Jersey and the New Jersey Infrastructure Bank. JP Capizzi served as Bond Counsel to the Authority in this financing.
$3,000,000 Note (Township Guaranteed) of the Parking Authority of the Township of Weehawken
The Parking Authority of the Township of Weehawken issued a $3,000,000 Parking Project Note (Township Guaranteed), Series 2020 dated May 12, 2020 to the Hudson County Improvement Authority. The Note bears interest at the rate of 2.50% per annum (computed on the basis of a 360-day year) payable at maturity on May 11, 2021. JP Capizzi served as Guarantor’s Bond Counsel to the Township in this financing.
$3,605,000 of Notes issued by the Township of Weehawken
The Township of Weehawken successfully issued $3,605,000 of Notes, consisting of a $2,180,000 Bond Anticipation Note, Series 2020 B-1 and a $1,425,000 Taxable Bond Anticipation Note, Series 2020 B-2, dated May 12, 2020 to the Hudson County Improvement Authority. The Series 2020 B-1 Note bears interest at the rate of 2.50% per annum (computed on the basis of a 360-day year) payable at maturity on May 11, 2021; and the Series 2020 B-2 Note bears interest at the rate of 2.75% per annum (computed on the basis of a 360-day year) payable at maturity on May 11, 2021. JP Capizzi
$2,475,000 Note of the Township of Weehawken
The Township of Weehawken successfully issued a $2,475,000 Bond Anticipation Note dated April 22, 2020 to SB One Bank. The Note bears interest at the rate of 2.40% per annum (computed on the basis of a 360-day year) payable at maturity on April 22, 2021. JP Capizzi served as Bond Counsel to the Township in this financing.