Florida to take bids on $99.69 million Everglades restoration revenue refunding bonds

By Cristal Cody

Springdale, Ark., April 15 - Florida plans to price $99.685 million Everglades restoration revenue refunding bonds in a competitive sale on Wednesday, the state reported Tuesday.

Florida prices bonds on an 18-hour notice.

The Department of Environmental Protection series 2008A bonds (A1/AA-/A+) have maturities from July 1, 2008 through July 1, 2025.

Proceeds will be used to refinance the outstanding series 2006A and B multi-modal Everglades restoration revenue bonds and to fund a reserve account.

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