Fort Worth plans to price $98.86 million revenue refunding bonds

By Cristal Cody

Tupelo, Miss., April 26 - The City of Fort Worth expects to sell $98.855 million in revenue refunding bonds, according to a notice of sale.

The series 2010 water and sewer system bonds (/AA/) have serial maturities from 2011 through 2020.

The bonds are expected to price through a competitive sale on Tuesday, according to the notice.

First Southwest Co. and Estrada Hinojosa & Co. Inc. are co-financial advisers on the sale.

The proceeds will be used to refund a portion of the city's outstanding debt, which includes the series 1998, 1999 and 1999A subordinate-lien revenue bonds and the series 2000B revenue refunding and improvement bonds.

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