The North Hudson Sewerage Authority successfully issued a $20,000,000 I-Bank Construction Financing Program - Project Note (Clean Water, Project 43) dated June 13, 2024 to the New Jersey Infrastructure Bank.  JP Capizzi served as Bond Counsel to the Authority in this financing.  

05/30/24: The Long Branch Sewerage Authority successfully issued $5,770,000 Sewer Revenue Refunding Bonds, Series 2024 authenticated May 30, 2024. RBC Capital Markets, LLC. purchased the Bonds. Moody’s Investors Service, Inc. assigned the Bonds a credit rating of “Aa2”. The Bonds have a true interest cost of 3.3030% and finally mature on April 1, 2039. JP Capizzi served as Bond Counsel to the Authority in this financing.

03/26/24: The Township of Weehawken successfully issued a $4,476,000 Bond Anticipation Note dated March 26, 2024 to Piper Sandler & Co.  The Note bears interest at the rate of 4.50% per annum (computed on the basis of a 360-day year) payable at maturity on March 26, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.

03/26/24: The Township of Weehawken successfully issued $9,205,000 of Notes, consisting of a $8,707,000 Bond Anticipation Note, Series 2024 A-1 and a $498,000 Tax Appeal Refunding Note, Series 2024 A-2 dated March 26, 2024 to the Hudson County Improvement Authority.  The Notes bear interest at the rate of 4.25% per annum (computed on the basis of a 360-day year) payable at maturity on March 25, 2025. JP Capizzi served as Bond Counsel to the Township in this financing.

03/13/24: The Parking Authority of the Township of Weehawken successfully issued a $2,940,000 Parking Project Note (Township Guaranteed) (Federally Taxable), Series 2024 dated March 13, 2024 to Amboy Bank. The Note bears interest at the rate of 4.90% per annum (computed on the basis of a 360- day year) payable at maturity on July 24, 2024. JP Capizzi served as Guarantor’s Bond Counsel to the Township in this financing.

12/21/23: The Township of Weehawken successfully issued $16,782,100 of Notes, consisting of a $9,022,000 Bond Anticipation Note, a $199,000 Tax Appeal Refunding Note, and a $7,561,100 Special Emergency Note (Federally Taxable) dated December 21, 2023 to Amboy Bank.  The Notes bear interest at the rate of 5.25% per annum (computed on the basis of a 360-day year) payable at maturity on December 21, 2024. JP Capizzi served as Bond Counsel to the Township in this financing.

12/21/23: The North Hudson Sewerage Authority successfully issued $24,815,000 Gross Revenue Senior Lien Lease Certificates, Series 2023 authenticated December 21, 2023. Barclays Capital Inc. purchased the Certificates. S&P Global Ratings assigned the Certificates an insured credit rating of “A+” based upon a municipal bond insurance policy issued by Build America Mutual Assurance Company; and an underlying credit rating of “AA”. The Certificates have a true interest cost of 3.7096% and finally mature on June 1, 2044. JP Capizzi served as Special Counsel and as General Counsel to the Authority in this financing.