Jason P. Capizzi Closes Cash Defeasance for The North Hudson Sewerage Authority

Jason P. Capizzi serves as Bond Counsel to The North Hudson Sewerage Authority.  On August 17, 2018, the Authority successfully defeased with cash all or a portion of its outstanding Gross Revenue Senior Lien Lease Certificates, Series 2012 A (Tax Exempt) dated May 24, 2012 in the aggregate principal amount of $8,000,000 (the “2012 Certificates”) and of its outstanding Gross Revenue Senior Lien Lease Certificates, Series 2012 A (Tax Exempt) authenticated August 12, 2016 in the aggregate principal amount of $10,825,000 (the “2016 Certificates”).  The Authority also successfully issued Gross Revenue Senior Lien Lease Certificates, Series 2012 A (Tax Exempt) authenticated August 17, 2018 in the aggregate principal amount of $115,150,000 for the nondefeased portions of the 2012 Certificates and the 2016 Certificates.

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