Alachua County Health, Fla., to sell $145.27 million of revenue bonds

By Cristal Cody

Prospect News, July 22 - Alachua County Health Facilities Authority in Florida plans to sell $145.27 million of health facilities revenue bonds for the Terraces at Bonita Springs project, according to a preliminary official statement.

The sale includes $81.27 million of series 2011A fixed-rate bonds, $3 million of series 2011B accelerated redemption reset option securities, $15 million of series 2011C1 mandatory paydown securities and $46 million of series 2011C2 mandatory paydown securities.

Ziegler is the manager of the negotiated sale.

Proceeds will be used for the acquisition of land for and the construction, development and equipping of a continuing care retirement community in Bonita Springs, Fla.

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