Jason P. Capizzi closes note financing for the Long Branch Sewerage Authority

Jason P. Capizzi serves as Bond Counsel to the Long Branch Hudson Sewerage Authority.  The Authority successfully issued a $5,237,000 Project Note to the New Jersey Infrastructure Bank dated August 14, 2019.  The Note bears interest at the rate of 0.00% per annum payable at maturity on June 30, 2025.  The Note proceeds will be used to temporarily finance the Authority’s Sanitary Sewer Railroad Crossing Study Improvements; Inflow and Infiltration Study and Improvements; and Hoey Pump Station Force Main Improvements.

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