Fremont Redevelopment Agency, Calif., to price $138.03 million of TABs

By Sheri Kasprzak

New York, Feb. 17 - The Fremont Redevelopment Agency of California is set to sell $138.03 million of series 2011 tax allocation bonds, said a preliminary official statement.

The bonds (A2/A+) will be sold through senior managers Goldman, Sachs & Co. and Morgan Stanley & Co. Inc.

The bonds are due 2011 to 2036.

Proceeds will be used to finance redevelopment activities, including the costs of a new Bay Area Rapid Transit station.

The Fremont-based agency provides financing for redevelopment projects.

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