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HomeMy WebLinkAbout103-Attachment B.pdfCONDITIONALNOTICE OFFULLREDEMPTION TO THE HOLDERS OF CITYOFSARATOGA GENERALOBLIGATION BONDS SERIES 2001 (SARATOGACOMMUNITYLIBRARYPROJECT) NOTICE IS HEREBYGIVEN that there have been called for full redemption on August 1, 2011 all outstanding Bonds of the above captioned bonds, totaling $12,235,000 in principal amount, plus applicable premium, if any, as listed below: Maturity Amount Rate Redemption Price CUSIP No.* 08/01/2012$395,0005.00%100.00%803446BL6 08/01/2013$415,0005.00%100.00%803446BM4 08/01/2014$435,0005.00%100.00%803446BN2 08/01/2015$455,0005.00%100.00%803446BP7 08/01/2016$440,0005.00%100.00%803446BQ5 08/01/2017$460,0005.00%100.00%803446BR3 08/01/2018$485,0005.00%100.00%803446BS1 08/01/2019$510,0005.00%100.00%803446BT9 08/01/2020$535,0005.125%100.00%803446BU6 08/01/2021$565,0005.125%100.00%803446BV4 08/01/2022$590,0005.125%100.00%803446BW2 08/01/2023$625,0005.125%100.00%803446BX0 08/01/2027$2,840,0005.25%100.00%803446BY8 08/01/2031$3,485,0005.25%100.00%803446BZ5 Such Redemption of the Bonds is conditional upon the receipt by the Trustee, on or prior to August 1, 2011, of moneys sufficient to pay the Prepayment Price of the Bonds to be redeemed, and if such moneys shall not have been so received, this notice shall be of no force and effect and the Issuer shall not be required to redeem the Bonds. Since the Bond is held under the book entry system, payment will be made directly to the registered holder. CITYOF SARATOGA By: The Bank of New York Mellon Trust Company, N.A. as Trustee or Agent BondholderCommunications: 800-254-2826 Dated: July 1, 2011 IMPORTANT TAX NOTICE Withholding of 28% of gross redemption proceeds of any payment made within the United States may be required by the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the "Act"), unless the Paying Agent has the correct taxpayer identification number (social security or employer identification number) or exemption certificate of the payee. Please furnish a properly completed Form W-9 orexemption certificate orequivalent when presenting yoursecurities. *Note: The Issuer and Trustee/Agent shall not be responsible for the selection or use of the CUSIPnumbers selected, nor is any representation made as to their correctness indicated in the notice or as printed on any Bond. They are included sole- ly for the convenience of the holders. Notice #:363939 File Name: www.ezdisclose.com