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Published on 1/7/2013 in the Prospect News Municipals Daily.

Fairfax County, Va., prepares $317.62 million sale of public improvement bonds for Wednesday

By Sheri Kasprzak

New York, Jan. 7 - Fairfax County, Va., plans to come to market Wednesday with $317,615,000 of series 2013 public improvement bonds, according to a preliminary official statement.

The deal includes $216.16 million of series 2013A bonds and $101,455,000 of series 2013B refunding bonds.

The bonds (Aaa/AAA/AAA) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The 2013A bonds are due 2013 to 2032 and the 2013B bonds are due 2014 to 2024.

Proceeds will be used to finance school, transportation, public safety, parks and recreation and other improvement, as well as to refund the county's series 2004A-B, 2005A, 2007A and 2008A public improvement bonds.


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