Jason P. Capizzi closes note financing for the Township of Weehawken

Jason P. Capizzi serves as Bond Counsel to the Township of Weehawken.  The Township successfully issued $8,620,000 Notes consisting of a $6,756,000 Bond Anticipation Note, Series 2018C-1A and a $1,864,000 Tax Appeal Refunding Note, Series 2018 C-1B dated October 4, 2018 to the Hudson County Improvement Authority.  The Notes bear interest at the rate of 3.00% per annum payable at maturity on October 3, 2019.  The Note proceeds will be used to refund $6,756,000 of a $7,043,000 Bond Anticipation Note (less $287,000 pursuant to a budget appropriation) that matures on October 18, 2018; and to refund $1,864,000 of a $2,176,000 Tax Appeal Refunding Note (less $312,000 pursuant to a budget appropriation) that matures on October 18, 2018.

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