Municipals Calendar: District of Columbia to sell $646 million in revenue bonds

WEEK OF DECEMBER 7

DECEMBER 9

DISTRICT OF COLUMBIA: $646.845 million series 2009 income tax secured revenue bonds (Aa2/AAA/AA); negotiated; J.P. Morgan Securities Inc. and Loop Capital Markets LLC (lead); Barclays Capital Inc., Goldman, Sachs & Co., Merrill Lynch & Co., Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., M.R. Beal & Co., Ramirez & Co. Inc., Rice Financial Products Co., Siebert Brandford Shank & Co. LLC and Wells Fargo Securities Inc. (co-managers); proceeds to fund capital projects; pricing Dec. 9.

• $46.845 million series 2009D tax-exempt bonds

• $600 million series 2009E Build America Bonds

NEW YORK CITY: $700 million series 2009 fixed-rate tax-exempt refunding bonds (Aa3/AA/AA-); negotiated; Citigroup Global Markets Inc. (lead); J.P. Morgan Securities Inc., Merrill Lynch & Co., Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC (co-managers); proceeds to refund existing debt; pricing Dec. 9.

NEW YORK CITY: $80 million series 2009 fixed-rate taxable bonds; competitive; proceeds to fund capital expenditures; pricing Dec. 9.

DECEMBER 10

ILLINOIS: $154.92 million series 2009A sales tax revenue bonds; competitive; Acacia Financial Group Inc. (financial adviser); bonds due 2011 to 2034; proceeds to fund capital projects within the state; pricing Dec. 10.

MARYLAND TRANSPORTATION AUTHORITY: $551.145 million series 2009 transportation facilities projects revenue bonds (Aa3/AA-/AA-); negotiated; Goldman, Sachs & Co. and Merrill Lynch & Co. (lead); Citigroup Global Markets Inc., Loop Capital Markets LLC and M&T Securities Inc. (co-managers); 2009A bonds due 2017 to 2022; 2009B bonds due 2033 and 2043; proceeds to fund a variety of transportation improvements; pricing Dec. 10.

• $69.335 million series 2009A tax-exempt bonds

• $481.81 million series 2009B Build America Bonds

NEW YORK CITY: $620 million series 2009 taxable Build America Bonds; negotiated; J.P. Morgan Securities Inc. (lead); Citigroup Global Markets Inc., Merrill Lynch & Co., Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. (co-managers); proceeds to fund capital expenditures; pricing Dec. 10.

WASHINGTON HEALTH CARE FACILITIES AUTHORITY/MULTICARE HEALTH SYSTEM: $102.59 million series 2010A revenue bonds (A1/A+/); negotiated; J.P. Morgan Securities Inc. (lead); Merrill Lynch & Co. and Wells Fargo Securities Inc. (co-managers); bonds due 2010 to 2022; proceeds to refund existing MultiCare Health debt; pricing Dec. 10.

WEEK OF DECEMBER 14

DECEMBER 15

GREATER ORLANDO AVIATION AUTHORITY (FLORIDA): $92.06 million series 2009C airport facilities revenue bonds (Aa3/A+/AA-); negotiated; J.P. Morgan Securities Inc. (lead); Merrill Lynch & Co., Morgan Stanley & Co. Inc., Raymond James & Associates Inc., Citigroup Global Markets Inc., Estrada Hinojosa & Co. Inc., FirstSouthwest Co., Gardnyr Michael Capital, Jefferies & Co., Loop Capital Markets LLC, M.R. Beal & Co., RBC Capital Markets Corp. and SunTrust Robinson Humphrey (co-managers); proceeds to fund aviation improvements; pricing Dec. 15.

DAY-TO-DAY

HILLSBOROUGH COUNTY (FLORIDA): $63.63 million series 2009 general obligation bonds (Aa1/AAA/AA+); competitive; Public Financial Management Inc. (financial adviser); 2009A bonds due 2012 to 2019; 2009B bonds due 2020 to 2039; proceeds to fund environmental protection projects within the county; pricing day-to-day before Dec. 15.

• $12.655 million series 2009A bonds

• $50.705 million series 2009B bonds

ON THE HORIZON

ADELANTO PUBLIC UTILITY AUTHORITY: $77.43 million series 2009A fixed-rate refunding revenue bonds; negotiated; Stone & Youngberg (lead); proceeds to refund authority's series 2005 and fund capital improvements to city's water system.

ARLINGTON COUNTY (VIRGINIA): $76.185 million series 2009D general obligation refunding bonds (Aaa/AAA/AAA); negotiated; Morgan Stanley & Co. Inc. (lead); bonds due 2011 to 2021; proceeds to refund existing county debt.

CALIFORNIA DEPARTMENT OF WATER RESOURCES: $168 million series AG Central Valley Project water system revenue bonds (Aa2/AAA/); negotiated; Stone & Youngberg (lead); Alamo Capital, BMO Capital Markets GKST Inc., Cabrera Capital Markets LLC, Citigroup Global Markets Inc., De La Rosa & Co. Inc., Grigsby & Associates Inc., Jackson Securities Inc., Merrill Lynch & Co. and RBC Capital Markets Inc. (co-managers); proceeds to refund department's series 1995 and 1997 bonds.

CITY OF LOS ANGELES (CALIFORNIA): $117.35 million solid waste resources revenue bonds (Aa3/AA/AA-); negotiated; Stone & Youngberg LLC (lead); Cabrera Capital Markets, LLC. (co-manager); proceeds to refund the outstanding series 2001A bonds and to finance the acquisition of solid waste trucks, equipment and automated recycling containers.

• $67.435 million series 2009A bonds due 2010-2022

• $49.915 million series 2009B bonds due 2010-2020

COMMUNITY DEVELOPMENT AUTHORITY OF THE CITY OF MADISON/WISCONSIN ALUMNI FOUNDATION RESEARCH PROJECT: $150 million series 2009 development revenue bonds; negotiated; Merrill Lynch & Co. (lead); proceeds to reimburse foundation for the construction of a research building at the University of Wisconsin.

DEVELOPMENT AUTHORITY OF FULTON COUNTY (GEORGIA): $170.58 million series 2009A revenue bonds (Aa3/AA/); negotiated; SunTrust Robinson Humphrey and Merrill Lynch & Co. (lead); bonds due 2024, 2029, 2033 and 2037; proceeds to refund existing debt.

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/MARYMOUNT MANHATTAN COLLEGE: $50 million series 2009 revenue bonds (Baa2); negotiated; Merrill Lynch & Co. and George K. Baum & Co. (lead); proceeds to refund college's series 1999 bonds.

FLORIDA HOUSING FINANCE CORP.: $620 million series 2010 homeowner mortgage revenue bonds; negotiated; RBC Capital Markets Corp. (lead); Citigroup Global Markets Inc., Morgan Stanley & Co. Inc., George K. Baum & Co., Merrill Lynch & Co. and Morgan Keegan & Co. Inc. (co-managers); series 2010A-1 bonds due 2012 to 2019 with term bonds due 2024, 2027 and 2028; series 2010A-2 bonds due 2041; series 2010B bonds due 2042; proceeds to fund mortgage loans.

• $80 million series 2010A-1 non-AMT bonds

• $120 million series 2010A-2 non-AMT bonds

• $420 million series 2010B taxable convertible bonds

FRANKLIN COUNTY/NATIONWIDE CHILDREN'S HOSPITAL (OHIO): $100 million series 2009 hospital improvement revenue bonds (Aa2/AA/); negotiated; PNC Capital Markets and J.P. Morgan Securities Inc. (lead); proceeds to construct a new inpatient, outpatient and administrative building.

ILLINOIS: $375 million series 2009B sales tax revenue bonds; negotiated; Cabrera Capital Markets LLC (lead); Siebert Brandford Shank & Co. LLC, Jefferies & Co., Ross, Sinclaire & Associates Inc. and Ramirez & Co. Inc. (co-managers); bonds due 2011 to 2034; proceeds to fund capital projects.

ILLINOIS FINANCE AUTHORITY/RESURRECTION HEALTH CARE CORP.: $110 million series 2009 revenue refunding bonds (Baa1/BBB+/BBB+); negotiated; Merrill Lynch & Co. (lead); Cabrera Capital Markets LLC and Loop Capital Markets LLC (co-managers); proceeds to refund Resurrection's series 2008 bonds.

INDIANA FINANCE AUTHORITY: $175.715 million series 2009A state revolving fund program bonds (Aaa/AAA/AAA); negotiated; Citigroup Global Markets Inc. and Merrill Lynch & Co. (lead); Andes Capital Group LLC, City Securities Corp., KeyBanc Capital Markets Inc., Loop Capital Markets LLC and Raymond James & Associates Inc. (co-managers); proceeds to provide loans for eligible projects and refund existing debt.

INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF KIRKWOOD (MISSOURI): $172.795 million series 2009 retirement community revenue bonds; negotiated; Ziegler Capital Markets Inc. (lead); proceeds to construct Aberdeen Heights Commons retirement community.

• $98.345 million series 2009A revenue bonds

• $8.075 million series 2009B accelerated redemption reset option securities

• $32.225 million series 2009C-1 tax-exempt mandatory paydown securities

• $33.8 million series 2009C-2 tax-exempt mandatory paydown securities

LONG BEACH (CALIFORNIA): $60.265 million series 2009 senior airport revenue bonds (A2/A-/); negotiated; J.P. Morgan Securities Inc. and De La Rosa & Co. (lead); 2009A bonds due 2012 to 2022; 2009B bonds due 2010 to 2016; 2009C bonds due 2024, 2029 and 2039; proceeds to refund city's series 1993 debt and construct a parking structure at the city's airport.

MAINE HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY: $91.5 million series 2009A revenue bonds (Aa3//AA); negotiated; Morgan Stanley & Co. Inc. and Wachovia Bank, NA; Barclays Capital Inc., Cain Brothers and Merrill Lynch & Co. (co-managers); proceeds to construct, acquire, renovate, improve and equip health care and educational facilities throughout the state.

MAINE STATE HOUSING AUTHORITY: $173 million series 2009 mortgage purchase bonds; negotiated; Citigroup Global Markets Inc. and J.P. Morgan Securities Inc. (lead); Merrill Lynch & Co., Morgan Stanley & Co. Inc. and RBC Capital Markets Inc. (co-managers); 2009D bonds due 2011 to 2019 with term bond due 2026 and 2029; 2009E bonds due 2041; 2009F bonds due 2041; proceeds to fund mortgage loans.

• $28 million series 2009D non-AMT bonds

• $42 million series 2009E non-AMT bonds

• $103 million series 2009F taxable bonds

MINNESOTA HOUSING FINANCE AGENCY: $175.695 million series 2009 residential housing finance bonds; negotiated; RBC Capital Markets Inc. and Piper Jaffray & Co. (lead); 2009D bonds due 2011 to 2020 with a term bond; 2009E bonds due Jan. 1, 2013 and July 1, 2013 with term bonds due 2024, 2029, 2034 and 2040; 2009F bonds due 2031; proceeds to fund residential mortgage loans.

• $25.58 million series 2009D non-AMT bonds

• $103.96 million series 2009E non-AMT bonds

• $46.155 million series 2009F AMT variable-rate demand term bonds

NEW YORK MUNICIPAL BOND BANK AGENCY: $189.29 million series 2009 recovery act bonds; negotiated; Jefferies & Co. (lead); M.R. Beal & Co., RBC Capital Markets Inc. and Wells Fargo Securities Inc. (co-managers); 2009A-1 bonds due 2010 to 2020; 2009A-2 bonds due 2013 to 2019 with term bonds due 2024; 2009A-3 bonds due 2024 and 2029; 2009B-1 bonds due 2010 to 2029 with a term bond due 2035; 2009B-2 bonds due 2029 and 2033; 2009B-3 bonds due 2035; 2009C-1 bonds due 2011 to 2023; 2009C-2 bonds due 2013 to 2019 with term bond due 2028; 2009C-3 bonds due 2029; proceeds to distribute funds to local municipalities for various uses.

• $50.4 million series 2009A bonds

• $33.169 million series 2009B bonds

• $105.721 million series 2009C bonds

RALEIGH, N.C.: $70.005 million series 2009A combined enterprise system revenue refunding bonds (Aa1/AAA/AAA); negotiated; Davenport & Co. LLC (lead); Citigroup Global Markets Inc. and Loop Capital Markets LLC (co-managers); bonds due 2010 to 2023; proceeds to refund existing debt.

RIVERSIDE COUNTY (CALIFORNIA): $75 million series 2009C Teeter obligation notes (MIG 1//F1+); negotiated; Barclays Capital Inc. and Citigroup Global Markets Inc. (lead); notes due Oct. 15, 2010; proceeds to refund county's series 2008C Teeter obligation notes.

SCHOOL DISTRICT OF THE CITY OF DETROIT: $123.24 million series 2009A unlimited tax school building and site general obligation bonds; negotiated; J.P. Morgan Securities Inc. and Siebert Brandford Shank & Co. LLC (lead); Loop Capital Markets LLC, Citigroup Global Markets Inc. and PNC Capital Markets LLC (co-managers); bonds due May 1, 2025; proceeds to purchase land and construct schools at qualified schools within the district.

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT NO. 5/OREGON HEALTH AND SCIENCE UNIVERSITY VACCINE AND GENE THERAPY INSTITUTE FLORIDA CORP.: $68.455 million series 2009 research facilities revenue bonds; negotiated; Prager, Sealy & Co., LLC; proceeds to finance or reimburse for the costs of building and land improvement projects.

ST. LOUIS PARK (MINNESOTA)/PARK NICOLLET HEALTH SERVICES: $191.66 million series 2009 health care facilities revenue refunding bonds (/A/); negotiated; Morgan Stanley & Co. Inc. and Wells Fargo Securities Inc. (lead); proceeds to refund health system's series 2008A-B bonds, as well as terminate a swap agreement connected to those bonds.

TENNESSEE HOUSING DEVELOPMENT AGENCY: $400 million housing finance program bonds; negotiated and private placement; Morgan Keegan & Co., Inc. (lead); RBC Capital Markets Corp.; Merrill Lynch & Co.; Citigroup Global Markets Inc.; Raymond James & Associates, Inc.; M.R. Beal & Co.; and Duncan-Williams, Inc. (co-managers); proceeds will be used for fund deposits.

• $40 million series 2009A1 bonds

• $60 million series 2009A2 bonds

• $300 million series 2009B bonds

TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK/CARNEGIE HALL: $110 million series 2009A revenue bonds (A1/A+/); negotiated; Citigroup Global Markets Inc. (lead); Morgan Stanley & Co. Inc. and Merrill Lynch & Co.; bonds due 2029 and 2039; proceeds to construct, renovate and upgrade two studio towers at Carnegie Hall, including a new education wing with music rooms, communication technologies and educational support spaces, as well a new rooftop terrace and improvements to the backstage.

WATER WORKS BOARD OF THE CITY OF BIRMINGHAM (ALABAMA): $71.285 million series 2009 subordinate water revenue bonds (A3/A+/); negotiated; Raymond James & Associates Inc. and Grigsby & Associates Inc. (lead); bonds due 2010 to 2029; proceeds to refund series 1998A, 1998B and 2000 general obligation warrants which were used to finance water infrastructure improvements.

WASHINGTON TOWNSHIP HEALTH CARE DISTRICT (CALIFORNIA): $55 million series 2009A revenue bonds (A3); negotiated; Merrill Lynch & Co. (lead); proceeds to construct, renovate, improve and acquire health facilities operated by the district.

WEST VIRGINIA HOSPITAL FINANCE AUTHORITY/WEST VIRGINIA UNITED HEALTH SYSTEM OBLIGATED GROUP: $104.415 million series 2009C hospital revenue refunding and improvement bonds (A2/A+/); negotiated; Merrill Lynch & Co. (lead); J.P. Morgan Securities Inc. (co-manager); bonds due 2017 to 2024 with term bonds due 2029 and 2039; proceeds to construct, acquire, equip and renovate facilities operated by West Virginia United Health System, as well as refund the authority's series 2008C bonds.

WICHITA (KANSAS)/VIA CHRISTI HEALTH SYSTEM: $90 million series 2009X hospital facilities revenue refunding bonds (/A+/A+); negotiated; Morgan Stanley & Co. Inc. (lead); proceeds to refund health system's series 1999 bonds.

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