TOWN OF CARMEL PUTNAM COUNTY, NEW YORK …

The Bonds will not be subject to redemption prior to maturity as described herein. ... the Refunded Bonds are to be called and redeemed as detailed in the chart below. The net proceeds of the Bonds (after payment of the underwriting fee and other costs of issuance relating to the Bonds) ... Holders of any series of bonds or notes of the Town ... ................
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