Fort Worth, Texas, to redeem $190.23 million from six bond series

By Tali Rackner

Norfolk, Va., Sept. 9 – The City of Fort Worth, Texas, plans to redeem $190.23 million from six series of its bonds, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.

The following were called and will be redeemed at par Sept. 25:

• $6,265,000 of 5% series 2004 general purpose refunding bonds due March 1, 2016 to 2021; and

• $27.14 million of 5% series 2005A water and sewer system revenue refunding bonds due Feb. 15, 2016 to 2018.

The following were defeased and will be redeemed at par on their respective redemption dates:

• $26 million of 4.48% series 2007 general purpose bonds due March 1, 2027, to be redeemed on March 1, 2017;

• $48,795,000 of 4.531% series 2007A general purpose bonds due March 1, 2018 to 2027, to be redeemed on March 1, 2017;

• $20.1 million of 5.25% series 2007 combination tax and limited surplus revenue certificates of obligation due March 1, 2018 to 2028, to be redeemed on March 1, 2017; and

• $62.93 million of 5% series 2007 water and sewer system revenue bonds due Feb. 15, 2016, 2018 to 2022 and 2027, to be redeemed at maturity or on Feb. 15, 2017.

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