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Home My WebLink AboutAD 12-01 Notice of Redemption 09-02-17NOTICE OF REDEMPTION CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY LIMITED OBLIGATION REVENUE BONDS (CITY OF BAKERSFIELD CONSOLIDATED REASSESSMENT DISTRICT NO. 12-1) SERIES 2012 Redemption Date: September 2, 2017 Called Bonds: $70,000.00 NOTICE IS HEREBY GIVEN pursuant to Section 4.05 of the Trust Agreement dated as of December 1, 2012 ( the “Trust Agreement”) between California Statewide Communities Development Authority (the “Authority”) and Wilmington Trust, National Association, as Trustee, that $70,000 of the Issuer’s outstanding Limited Obligation Revenue Bonds (the “Called Bonds”) will be redeemed and become due and payable on September 2, 2017 (the “Redemption Date”), at a redemption price of 100% of the principal amount of the Called Bonds (the “Redemption Price”), plus accrued and unpaid interest to the Redemption Date. Interest on the Called Bonds will cease to accrue from and after the Redemption date. The maturity date, principal amount, and cusip are as follows: Maturity 9/02/2022 Principal $70,000.00 Interest Rate 5.00% *Cusip Number 13080TAH5 Payment of the Redemption Price of the Called Bonds shall be made to the registered holder thereof, Cede & Co., without presentation. However, should the registered holder elect to make presentation, the Called bonds are to be presented for payment at the office of the Trustee, Wilmington Trust, N.A. 1100 N. Market Street, Rodney Square North, Wilmington, Delaware 1980-1615. Under the provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the “Act”), paying agents making payments of interest or principal on municipal securities may be obligated to withhold a 28% tax from remittance to individuals who have failed to furnish the paying agent with a certified and valid taxpayer identification number. Owners of the Called Bonds who wish to avoid the imposition of the tax should submit certified taxpayer identification numbers when presenting the Called Bonds for payment. CALIFORNIA STATEWIDE COMMUNITY DEVELOPMENT AUTHORITY By: Wilmington Trust, National Association As Trustee Dated: August 1, 2017 __________________________________________________________________________________________ *No representation is made herein as to the accuracy or correctness of the CUSIP number printed herein or on the Called Bonds.