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2015-070A
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2015-070A
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Last modified
4/19/2018 10:26:00 AM
Creation date
7/21/2015 2:28:23 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Bond
Approved Date
04/07/2015
Control Number
2015-070A
Agenda Item Number
12.E.1.
Entity Name
Nabors Giblin & Nickerson
Subject
Limited General Obligation Refunding Note
Series 2015 Land Acquisition
Document Relationships
2015-047
(Agenda)
Path:
\Resolutions\2010's\2015
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III. SETTLEMENTS FROM THE PURCHASER <br />Note Proceeds transfer from the Purchaser is as follows: <br />Total <br />Par Amount <br />Total Transfer Amount <br />Total Transfer Amount from the Purchaser will be applied as follows: <br />$ 20,369,000.00 <br />S 20,369,000.00 <br />Total <br />Escrow Cash Deposit $ 20,315,118.75 <br />Cost of Issuance 53,881.25 <br />Total Transfer Amount $ 20,369,000.00 <br />IV. SETTLEMENTS FROM THE COUNTY <br />Transfer from the County is as follows: <br />Total <br />Issuer Contribution <br />Total Transfer Amount <br />Total Transfer Amount from the County will be applied as follows: <br />$ 100,000.00 <br />$ 100,000.00 <br />Total <br />Escrow Cash Deposit <br />Total Transfer Amount <br />V. TRANSFER OF SERIES 2015 NOTE PROCEEDS <br />$ 100,000.00 <br />$ 100,000.00 <br />On April 9, 2015, after all note documents have been executed, the Purchaser will transfer funds <br />consisting of two (2) wires totaling $20,369,000.00 (the "Purchase Price"). Transfer of funds from <br />the Purchaser consists of (i) $20,315,118.75 to be sent to The Bank of New York Mellon Trust <br />Company, N.A. ("Escrow Agent") for deposit to the Escrow Fund; and (ii) $53,881.25 to be sent to <br />the County for costs of issuance associated with the issuance of the Series 2015 Note. <br />Wire instructions are below. <br />1. Transfer of Funds from the Purchaser to the Escrow Agent: <br />Amount: $20,315,118.75 <br />To: The Bank of New York Mellon <br />101 Barclay <br />New York, NY 10286 <br />ABA#: 021000018 <br />Account #: 1856528400 <br />Acct Name: Indian River GO 2015 Esc 2006 <br />Attn: Jan Scott (904) 645-1980 <br />2 <br />
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