Miriam Osborn Memorial, N.Y., to price up to $55 million revenue bonds

By Sheri Kasprzak

New York, May 23 - The Dormitory Authority of the State of New York plans to bring to market up to $55 million of fixed-rate, tax-exempt revenue bonds for the Miriam Osborn Memorial Home Association of Rye, N.Y., according to a statement from the authority.

The offering could be conducted in one or more offerings through senior manager Herbert J. Sims & Co.

Proceeds from the offering will be used to make renovations and upgrades to the association's independent and assisted living facilities, as well as to refund its series 2000B revenue bonds.

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