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Fairfax County, Va., to price $156.61 million revenue bonds June 2
By Sheri Kasprzak
New York, May 26 - Fairfax County in Virginia is set to sell $156.605 million in series 2009 sewer revenue bonds on June 2, according to a preliminary official statement.
The bonds (Aa2/AAA/AAA) will be sold on a competitive basis with Public Financial Management Inc. as the financial adviser.
The bonds are due 2010 to 2039.
Proceeds will be used to pay for upgrades to the wastewater treatment system. The remainder will be used to make a deposit to a reserve subfund.
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