NOTICE OF DEFEASANCE OF BY MAYOR AND CITY COUNCIL OF BALTIMORE OF CITY OF BALTIMORE, MARYLAND (MAYOR AND CITY COUNCIL OF BALTIMORE) PROJECT REVENUE BONDS (WATER PROJECTS), SERIES 2011A

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NOTICE IS HEREBY GIVEN that there have been deposited in trust with Manufacturers and Traders Trust Company (the “Escrow Deposit Agent”) proceeds of certain refunding bonds issued by Mayor and City Council of Baltimore (the “City”) and certain other funds, which have been invested in non-callable direct obligations of the United States of America (the “Government Obligations”), for the purpose of refunding $31,485,000 aggregate principal amount of City of Baltimore, Maryland (Mayor and City Council of Baltimore) Project Revenue Bonds (Water Projects), Series 2011A, which mature on July 1 in the years set forth below (the “Refunded Bonds”)

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This article originally appeared in The Bond Buyer.
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