Fairfax County Economic Development, Va., to price $95.02 million Metrorail bonds Thursday

By Sheri Kasprzak

New York, July 8 - The Fairfax County Economic Development Authority of Virginia is slated to sell $95.02 million of series 2011 Wiehle Avenue Metrorail Station Parking project revenue bonds on Thursday, according to a notice of sale.

The bonds (Aa2/AA+/) will be sold on a competitive basis with Public Financial Management Inc. as the financial adviser.

The bonds are due 2015 to 2034.

Proceeds will be used to finance or reimburse the costs of constructing a parking area in Reston, Va., for the Dulles Corridor of the Washington Area Metropolitan Transit Authority's Metrorail system.

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