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4/24/12 - Barnegat Township School District

4/24/12 - Barnegat Township School District

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EXHIBIT D TO ESCROW DEPOSIT AGREEMENT<br />

NOTICE OF REDEMPTION<br />

THE BOARD OF EDUCATION OF THE TOWNSHIP OF BARNEGAT, IN THE COUNTY<br />

OF OCEAN, NEW JERSEY<br />

Notice is hereby given to the holders of the Board of Education of the <strong>Township</strong> of<br />

<strong>Barnegat</strong>, in the County of Ocean, New Jersey (the “Board”) of $6,084,000 <strong>School</strong> Bonds, dated<br />

July 1, 2004 maturing on July 15 in the years 2015 through 20<strong>24</strong>, inclusive (the “Refunded<br />

Bonds”), of the redemption by the Board, on July 15, 2014 (the “Redemption Date”), of all of<br />

said Refunded Bonds. On such Redemption Date, the Refunded Bonds shall become due and<br />

payable at a redemption price of 100% of the principal amount thereof, plus accrued interest to<br />

the Redemption Date. From and after the Redemption Date, interest on the Refunded Bonds<br />

shall cease to accrue and to be payable to the holders entitled to payment thereof upon such<br />

redemption.<br />

The Refunded Bonds mature on the dates and in the amounts and bear the CUSIP<br />

numbers as follows:<br />

Maturity Principal Amount CUSIP Numbers<br />

July 15, 2015<br />

July 15, 2016<br />

July 15, 2017<br />

July 15, 2018<br />

July 15, 2019<br />

July 15, 2020<br />

July 15, 2021<br />

July 15, 2022<br />

July 15, 2023<br />

July 15, 20<strong>24</strong><br />

On the Redemption Date set forth above, the redemption price set forth above will<br />

become due and payable at the addresses set forth below, and from such redemption Date interest<br />

on the Refunded Bonds will cease to accrue. Payment for the Refunded Bonds will be made<br />

upon presentation and surrender of said Refunded Bonds to [Insert Escrow Agent], Attention:<br />

_______________.<br />

No representation is made as to the correctness of the CUSIP numbers either as printed<br />

on the Refunded Bonds or as contained in this notice and reliance may be placed only on the<br />

identification numbers as printed on the Refunded Bonds.<br />

<strong>Barnegat</strong> <strong>Township</strong> Board of Education Meeting Minutes<br />

April <strong>24</strong>, 20<strong>12</strong> 68

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