SOUTH JERSEY TRANSPORTATION AUTHORITY - Transportation System Revenue Refunding Bonds, Series 2012A

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NOTICE IS HEREBY GIVEN pursuant to Section 12.01 of the Resolution (as hereinafter defined) to the holders of the outstanding South Jersey Transportation Authority (the “Authority”) Transportation System Revenue [Refunding] Bonds described below (the “Refunded Bonds”), issued pursuant to the Authority’s Third Amended and Restated Resolution Authorizing Revenue Bonds and Other Obligations adopted by the Authority on May 19, 2009, as amended and supplemented (the “Resolution”), that the Authority has provided for the defeasance of the Refunded Bonds, pursuant to an Escrow Deposit Agreement (“Escrow Deposit Agreement”) dated October 29, 2020 between the Authority and The Bank of New York Mellon, as escrow agent (“Escrow Agent”)

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This article originally appeared in The Bond Buyer.
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