NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY_070820

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NOTICE IS HEREBY GIVEN to the holders of the Bonds of the New York City Municipal Water Finance Authority (the “Authority”) set forth in the Schedule below (the “General Resolution Defeased Bonds”) that there has been deposited with U.S. BANK NATIONAL ASSOCIATION, as General Resolution Trustee and Escrow Agent, moneys and direct obligations of the United States of America, as permitted by the Authority’s Water and Sewer System General Revenue Bond Resolution, adopted by the Authority on November 14, 1985, as amended and supplemented to the date hereof (the “General Resolution”), the principal of and interest on which, when due, will provide moneys which, together with the moneys deposited with the Escrow Agent at the same time, shall be sufficient and available to pay the principal amount thereof and interest due and to become due on the General Resolution Defeased Bonds on and prior to June 15, 2021 (the “General Resolution Defeased Bonds Maturity Date”). The Defeased Bonds are deemed to be paid in accordance with Section 1201 of the General Resolution. The General Resolution Trustee has been irrevocably instructed to make all payments due on the Defeased Bonds on the General Resolution Defeased Bonds Maturity Date and at 100% of the principal amount thereof, plus accrued or compounded interest, as applicable, thereon to the Defeased Bonds Maturity Date.

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