Alaska Municipal Bond Bank plans to price $62.025 million general obligation bonds

By Cristal Cody

Springdale, Ark., March 7 - Alaska Municipal Bond Bank plans to price $62.025 million general obligation bonds in a competitive sale on March 18, according to a preliminary official statement released Friday.

The series 2008 one bonds have serial maturities from 2009 through 2038.

Western Financial Group LLC in Lake Oswego, Ore., is the financial advisor.

Proceeds will be lent to government units in the cities of Dillingham, Seward and Kodiak and the Kodiak Island Borough for projects that include school renovations, a public pool, a long-term care facility and a public safety building.

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