NEWS
$1,350,000 Refunding Bond issued by the Township of Weehawken
The Township of Weehawken successfully issued a $1,350,000 General Obligation Refunding Bond, Series 2020 dated August 20, 2020 to Webster Public Finance Corporation. The Bond has a net interest cost of 2.4970% and finally matures on August 1, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.
$750,000 Note issued by the North Hudson Sewerage Authority
The North Hudson Sewerage Authority successfully issued a $750,000 I-Bank Construction Loan Project Note (Clean Water, Project 36) dated August 19, 2020 to the New Jersey Infrastructure Bank. JP Capizzi served as Bond Counsel to the Authority in this financing.
$10,500,000 Note issued by the Township of Weehawken
The Township of Weehawken successfully issued a $10,500,000 Tax Anticipation Note of 2020-2021 (Taxable) dated July 30, 2020 to Amboy Bank. The Note bears interest at the rate of 0.85% per annum (computed on the basis of a 360-day year) payable at maturity on July 30, 2021. JP Capizzi served as Bond Counsel to the Township in this financing.
$3,509,000 of Notes issued by the Township of Weehawken
The Township of Weehawken successfully issued $3,509,000 of Notes, consisting of a $1,700,000 Bond Anticipation Note and a $1,809,000 Bond Anticipation Note (Taxable), dated June 23, 2020 to Amboy Bank. The Notes bear interest at the rate of 1.50% per annum (computed on the basis of a 360-day year) payable at maturity on June 23, 2021. JP Capizzi served as Bond Counsel to the Township in this financing.
$8,910,000 Note issued by the Borough of Tenafly
The Borough of Tenafly successfully issued a $8,910,000 Bond Anticipation Note, Series 2020 dated May 28, 2020 to TD Securities (USA) LLC. The Note bears interest at the rate of 1.25% per annum (computed on the basis of a 360-day year) payable at maturity on May 28, 2021. JP Capizzi served as Bond Counsel to the Borough in this financing.
$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.