CONTRACTAMENDED

CTASC Amends Repayment on NYS Tobacco Trust Bonds

Town of Big Flats logoTown of Big Flats
Disclosed value
$8,090,000 (face value at issuance); $2,250,000 (face value remaining at end of 2024)
From report
Document date
Mar 10, 2025
Renews
Free account

The 30-second brief

What it covers

The CTASC restructured its bond payments with the New York State Counties Tobacco Trust, extending the maturity of outstanding Series 2000 bonds to June 1, 2042 due to revenue shortfalls, with revised interest and payment terms.

Who holds it

New York State Counties Tobacco Trust/tobacco Settlement Pass-through Bond Series 2000 holds this financial services contract with Town of Big Flats.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Big Flats contract.

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Contract details

Contract type
Financial Services
Amount
$8,090,000 (face value at issuance); $2,250,000 (face value remaining at end of 2024)
Document date
March 10, 2025
Term
December 7, 2000 – June 1, 2042 (extended)
Renews
Free account
Vendor
New York State Counties Tobacco Trust/tobacco Settlement Pass-through Bond Series 2000
Source document
CHEMUNG TOBACCO ASSET SECURITIZATION CORPORATION 2024 Annual Report (Report)

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Questions about this contract

Who was awarded the financial services contract by Town of Big Flats?

New York State Counties Tobacco Trust/tobacco Settlement Pass-through Bond Series 2000 was awarded this financial services contract by Town of Big Flats, as recorded on March 10, 2025. The contract value is $8,090,000 (face value at issuance); $2,250,000 (face value remaining at end of 2024).

How much is the New York State Counties Tobacco Trust/tobacco Settlement Pass-through Bond Series 2000 contract with Town of Big Flats worth?

The New York State Counties Tobacco Trust/tobacco Settlement Pass-through Bond Series 2000 contract with Town of Big Flats is valued at $8,090,000 (face value at issuance); $2,250,000 (face value remaining at end of 2024), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in CHEMUNG TOBACCO ASSET SECURITIZATION CORPORATION 2024 Annual Report (Report), dated March 10, 2025 from Town of Big Flats. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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