Alexandria, Va., plans to price $63 million G.O. bonds

By Cristal Cody

Springdale, Ark., July 1 - Alexandria, Va., intends to price $63 million general obligation bonds in a competitive sale on July 9, according to a preliminary official statement released Tuesday.

The sale includes $58 million series 2008A tax-exempt bonds and $5 million series 2008B taxable bonds.

The bonds (Aaa/AAA/) have serial maturities from 2009 through 2028.

Davenport & Co. is the city's financial adviser.

Proceeds will be used to finance capital improvement projects and public housing in the city.

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