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D-1
<br />EXHIBIT D
<br />
<br />FORM OF NOTICE OF DEFEASANCE
<br />
<br />
<br />$26,870,000
<br />City of Redwood City Public Financing Authority
<br />Water Revenue Refunding Bonds, Series 2013
<br />
<br />
<br />NOTICE IS HEREBY GIVEN, by the City of Redwood City Public Financing Authority
<br />(the “Authority”) that the captioned bonds (the “2013 Bonds”) have been defeased and
<br />discharged under and within the meaning of the Indenture of Trust, dated as of June 1, 2013
<br />(the “2013 Indenture”), by and between the Authority and U.S. Bank Trust Company, National
<br />Association as trustee (the “2013 Trustee”), and that the Authority has irrevocably elected to
<br />redeem the outstanding 2013 Bonds on _______, 2024 (the “Redemption Date”), at a
<br />redemption price equal to the par amount thereof together with accrued interest thereon to the
<br />redemption date, without premium (the “Redemption Price”).
<br />
<br />The 2013 Bonds consist of the following:
<br />
<br />Maturity
<br />Date
<br />CUSIP Outstanding
<br />Principal Amount
<br />Interest
<br /> Rate
<br />February 1, 2025 75788R DY3 $1,265,000 5.000%
<br />February 1, 2026 75788R DZ0 1,330,000 5.000
<br />February 1, 2027 75788R EA4 1,395,000 5.000
<br />February 1, 2028 75788R EB2 1,465,000 5.000
<br />February 1, 2029 75788R EC0 1,540,000 5.000
<br />February 1, 2030 75788R ED8 1,615,000 5.000
<br />February 1, 2031 75788R EE6 1,695,000 5.000
<br />February 1, 2032 75788R EF3 1,780,000 5.000
<br />February 1, 2033 75788R EG1 1,870,000 5.000
<br />February 1, 2034 75788R EH9 1,960,000 5.000
<br />
<br />
<br />Funds for the payment of the 2013 Bonds have been deposited with the 2013 Trustee,
<br />as escrow agent and 2013 Trustee, and the sufficiency of the funds and investments for the
<br />purpose of paying the principal of and interest on the 2013 Bonds has been verified by
<br />__________.
<br />
<br />As a consequence of the foregoing actions and in accordance with the 2013 Indenture,
<br />all obligations of 2013 Trustee and the Authority with respect to the 2013 Bonds have ceased
<br />and terminated, except the obligation to use moneys set aside in escrow as described above to
<br />pay the Redemption Price on the Redemption Date, and, if necessary, from other legally
<br />available funds of the City.
<br />
<br />
<br />Additional information regarding the foregoing actions may be obtained from the 2013
<br />Trustee’s Bondholder Communications team at 1-800-934-6802 Monday through Friday from 8
<br />A.M. to 6 P.M. CST.
<br />
<br />Note: The Authority and the Escrow Agent shall not be responsible for the selection or
<br />use of the CUSIP numbers selected, nor is any representation made as to the correctness of
<br />8.A. - Page 254 of 255
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