Florida Governmental Utility Authority to sell $62.33 million bonds

By Sheri Kasprzak

New York, July 19 - The Florida Governmental Utility Authority plans to price $62.325 million in series 2010 North Fort Myers Utility System revenue bonds, according to a preliminary official statement.

The offering includes $9.955 million in series 2010A tax-exempt bonds and $52.37 million in series 2010B Build America Bonds.

Wells Fargo Securities LLC is the senior manager.

The proceeds will be used to fund improvements to the North Fort Myers utility system.

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