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Published on 8/11/2010 in the Prospect News Municipals Daily.

Municipals Calendar: Hamden, Conn., to sell $51 million in bonds

WEEK OF AUGUST 9

DISTRICT OF COLUMBIA: $54.435 million series 2010 deed tax revenue bonds (A1//A); negotiated; Rice Financial Products Co. and M.R. Beal & Co. (lead); Cabrera Capital Markets LLC and Prager, Sealy & Co. LLC (co-managers); proceeds to finance construction of public housing, fund social services and provide education and training programs to impoverished areas of the city; pricing week of Aug. 9.

• $23.935 million series 2010A

• $27.04 million series 2010B

• $3.46 million series 2010C taxable bonds

OHIO WATER DEVELOPMENT AUTHORITY: $451.355 million series 2010B water pollution control loan fund revenue bonds (Aaa/AAA/); negotiated; Morgan Stanley & Co. Inc. (lead); Barclays Capital Inc.; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; Cabrera Capital Markets, Inc.; KeyBanc Capital Markets, Inc.; Fidelity Capital Markets Inc.; the Huntington Investment Co.; and MFR Securities, Inc. (co-managers); proceeds for the Water Pollution Control Loan Fund and to fund the debt service reserve fund for the series 2010B water quality bonds; pricing week of Aug. 9.

SPORTS AND EXHIBITION AUTHORITY OF PITTSBURGH AND ALLEGHENY COUNTY (PENNSYLVANIA): $180 million series 2010 regional asset district sales tax revenue bonds (Baa1); negotiated; PNC Capital Markets LLC (lead); proceeds to construct a hockey arena in Pittsburgh; pricing week of Aug. 9.

AUGUST 12

HAMDEN (CONNECTICUT): $51.725 million general obligation bond anticipation notes; competitive; Webster Bank, NA (financial adviser); due Aug. 24, 2011; proceeds to refinance bond anticipation notes that mature on Aug. 25, 2010 and to finance school and town projects; pricing Aug. 12.

WEEK OF AUGUST 16

AUGUST 17

WICHITA (KANSAS): $192.2 million general obligation bonds and notes; competitive; Springsted Inc. (financial adviser); 2010A bonds due 2012 to 2019; 2010B bonds due 2011 to 2018; series 240 G.O. notes due Sept. 15, 2011; proceeds to pay the principal of and redemption premium on the city's outstanding series 2004 general obligation sales tax bonds that mature on or after April 1, 2012; refund the outstanding series 768, 770, 772, 773 and 774 bonds; and provide temporary financing for improvements to the water system aquifer storage and recovery project; pricing Aug. 17.

• $22.315 million series 2010A sales tax refunding bonds

• $29.885 million in series 2010B refunding bonds

• $140 million series 240 general obligation improvement temporary notes

WEEK OF AUGUST 9

AUGUST 24

NASSAU COUNTY (NEW YORK): $141.725 million general obligation bonds (Aa3/A+/AA-); competitive; Public Financial Management, Inc. (financial adviser); 2010C bonds due 2012 to 2026; 2010D bonds due 2026 and 2027; proceeds to fund various public purposes, including payments to county employees, capital projects and judgments and settlements; pricing Aug. 24.

• $126.62 million series 2010C bonds

• $15.105 million series 2010D Build America Bonds

ON THE HORIZON

BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY: $205 million series 2010B general revenue tax-exempt bonds (Aa2/AA/); negotiated; Bank of America Merrill Lynch and J.P. Morgan Securities Inc. (lead); 2010A bonds are due 2044 to 2050; proceeds to construct, furnish and equip replacement for Morrill Hall; renovate, remodel and equip Brody, Bailey and Emmons halls; and upgrade the university's power plant.

CHICAGO: $70.425 million series 2010 general obligation notes; negotiated; BMO Capital Markets Corp. and Grigsby & Associates, Inc. (co- senior managers); due June 1, 2012; proceeds for the Chicago Public Library maintenance, operation and building funds.

CUYAHOGA COUNTY PUBLIC LIBRARY (OHIO): $75.425 million series 2010 special obligation bonds (Aa2/AA-/); negotiated; Stifel, Nicolaus & Co. Inc. (lead); KeyBanc Capital Markets Inc. and PNC Capital Markets LLC (co-managers); 2010A bonds due 2011 to 2019; 2010B bonds due 2020 to 2021 with term bonds due 2025, 2030 and 2035; proceeds to construct, remodel, renovate, improve, equip and furnish library facilities within the county.

• $20.425 million series 2010A tax-exempt library fund library notes

• $55 million series 2010B Build America Bonds

DORMITORY AUTHORITY OF THE STATE OF NEW YORK/ROCKEFELLER UNIVERSITY: $50 million series 2010A revenue bonds; negotiated; J.P. Morgan Securities Inc. (lead); proceeds to renovate and modernize existing university buildings, as well as construct a bridging building between two existing buildings.

FORSYTH COUNTY (NORTH CAROLINA): $199.625 million series 2010 general obligation bonds (Aaa/AAA/AAA); negotiated; Bank of America Merrill Lynch and Stephens Inc. (lead); 2010A bonds due 2012 to 2021; 2010B bonds due 2012 to 2020; 2010C bonds due 2021 to 2025 with term bond due 2030; 2010D bonds due 2027; 2010E bonds due 2011 to 2023; proceeds to finance capital improvements, including construction of new schools, as well as to refund county's series 2003A-B, 2007 and 2008 bonds.

• $14.225 million series 2010A G.O. public improvement bonds

• $41.195 million series 2010B G.O. public improvement bonds

• $75.8 million series 2010C Build America Bonds

• $26.405 million series 2010D taxable qualified school construction bonds

• $42 million series 2010E G.O. refunding bonds

GROSSMONT UNION HIGH SCHOOL DISTRICT (CALIFORNIA): $80 million series 2010 general obligation bonds; negotiated; De La Rosa & Co. (lead); Stone & Youngberg LLC, Bank of America Merrill Lynch and Citigroup Global Markets Inc. (co-managers); proceeds to fund improvements to district's school facilities.

ILLINOIS FINANCE AUTHORITY/GREENFIELDS OF GENEVA: $117.48 million series 2010 revenue bonds; negotiated; Ziegler Capital Markets (lead); 2010B bonds due Feb. 15, 2017; 2010C-1 bonds due Feb. 15, 2017; 2010C-2 bonds due Feb. 15, 2016; 2010C-3 bonds due Feb. 15, 2016; proceeds to reimburse Greenfields of Geneva for construction of a senior living facility in Geneva, Ill., as well as to provide working capital for facility.

• $88.48 million series 2010A

• $5 million series 2010B accelerated redemption reset option securities

• $4.575 million series 2010C-1 tax-exempt mandatory paydown securities

• $8.35 million series 2010C-2 tax-exempt mandatory paydown securities

• $11.075 million series 2010C-3 tax-exempt mandatory paydown securities

IMPERIAL IRRIGATION DISTRICT (CALIFORNIA): $250 million series 2010B Build America Bonds electric system revenue certificates of participation (A1/AA-/); negotiated; Citigroup Global Markets Inc. and Goldman, Sachs & Co. (lead); Barclays Capital Inc. and De La Rosa & Co. (co-managers); certificates due 2018 to 2040; proceeds to finance the El Centro Unit 3 Repower Project, which will provide an additional 100 megawatts of generation capacity to the El Centro Generating Station.

JURUPA PUBLIC FINANCING AUTHORITY (CALIFORNIA): $86.23 million series 2010 revenue bonds (/A-/); negotiated; Stone & Youngberg (lead); Piper Jaffray & Co. (co-manager); proceeds to fund loans to public entities for general capital improvements.

• $67.26 million series 2010A superior lien bonds

• $18.97 million series 2010B subordinate lien bonds

KENTUCKY ASSET/LIABILITY COMMISSION: $468.15 million first series 2010 general fund funding notes; negotiated; J.P. Morgan Securities Inc. (lead); Citigroup Global Markets Inc.; Morgan Stanley & Co. Inc.; J.J.B. Hilliard, W.L. Lyons, LLC; PNC Capital Markets LLC; Edwards D. Jones & Co., LP; First Kentucky Securities Corp.; Stifel, Nicolaus & Co., Inc.; and Ross, Sinclaire & Associates, LLC (co-managers); serial maturities from 2011 through 2020; proceeds to finance or refinance outstanding obligations and to fund state medical insurance fund obligations of the Teachers' Retirement System of the State of Kentucky.

LOS ANGELES DEPARTMENT OF WATER AND POWER: $140 million series 2010C power system revenue bonds (Aa3/AA-/AA-); negotiated; Loop Capital Markets LLC, Ramirez & Co. Inc., Stone & Youngberg and Wells Fargo Securities LLC (co-managers); bonds due July 1, 2027; proceeds to construct Pine Tree Wind Turbine Expansion Project, a 120MW wind generating facility in Mohave, Calif., as well as construct the Pine Tree and Adelanto solar projects, two photovoltaic generators.

LOUISIANA: $405.3 million series 2010B second-lien gasoline and fuel tax revenue bonds (Aa2/AA/); negotiated; Goldman, Sachs & Co. and Citigroup Global Markets Inc. (lead); Morgan Keegan & Co. Inc., Stephens Inc., Loop Capital Markets LLC and Sterne, Agee & Leach Inc. (co-managers); bonds due 2013 to 2030 with term bonds due 2035, 2040 and 2045; proceeds to construct and maintain the New Florida Avenue Bridge and the Interstate 12 to Bush Highway project, also known as Louisiana Highway 3241.

MEDICAL CENTER HOSPITAL AUTHORITY/COLUMBUS REGIONAL HEALTH CARE SYSTEM INC. (GEORGIA): $170 million series 2010 tax-exempt revenue anticipation certificates (Aa3/AAA/); negotiated; Barclays Capital Inc. (lead); proceeds to finance improvements to Columbus Regional Health Care System facilities, as well as refund debt.

MICHIGAN FINANCE AUTHORITY: $745.9 million series 2010D state aid revenue notes; negotiated; Siebert Brandford Shank & Co. LLC and Morgan Stanley & Co. Inc. (lead); Cabrera Capital Markets LLC, Fidelity Capital Markets Inc., Fifth Third Securities Inc., PNC Capital Markets LLC, Stifel, Nicolaus & Co. Inc. and Wells Fargo Brokerage LLC (co-managers); 2010D-1 notes due Aug. 19, 2011; 2010D-2 notes due Aug. 22, 2011; 2010D-3 notes due Aug. 22, 2011; proceeds to purchase notes issued by school districts within the state.

• $256.625 million series 2010D-1 notes

• $269.1 million series 2010D-2 notes

• $220.175 million series 2010D-3 notes

MICHIGAN FINANCE AUTHORITY/SCHOOL DISTRICT OF THE CITY OF DETROIT: $198 million series 2010E state aid revenue notes (/SP-1/); negotiated; J.P. Morgan Securities Inc. and Loop Capital Markets, LLC (co- senior managers); due Aug. 22, 2011; proceeds to purchase a note issued by the school district.

MISSISSIPPI BUSINESS FINANCE CORP.: $100 million series 2010 Gulf Opportunity Zone industrial development bonds (Aaa/VMIG 1); negotiated; SunTrust Robinson Humphrey and Natixis Securities North America Inc. (lead); bonds due Aug. 1, 2035; proceeds to construct, install and equip the Southern Pines Energy Center, a 40 billion cubic-foot natural gas storage facility in Green County, Miss.

NEW YORK MORTGAGE AGENCY: $92.885 million mortgage revenue bonds; negotiated; Morgan Stanley & Co. Inc. (lead); Bank of America Merrill Lynch, J.P. Morgan Securities Inc., Citigroup Global Markets Inc., George K. Baum & Co. Inc., Goldman, Sachs & Co., Ramirez & Co. Inc., RBC Capital Markets Corp. and Roosevelt & Cross Inc. (co-managers); 41st series bonds due 2011 to 2021 with term bond due 2024; 42nd series bonds due 2011 to 2019; 43rd series bonds due 2011 to 2017; 44th series bonds due 2011 to 2021 with term bond due 2024; proceeds to finance mortgage loans.

• $18.66 million 41st series non-AMT bonds

• $21.34 million 42nd series non-AMT bonds

• $14.33 million 43rd series non-AMT bonds

• $38.555 million 44th series AMT bonds

PUBLIC UTILITY DISTRICT NO. 1 OF DOUGLAS COUNTY (WASHINGTON):$113.065 million series 2010 Wells Hydroelectric bonds (Aa3/AA/); negotiated; J.P. Morgan Securities Inc. and Seattle-Northwest Securities Corp. (lead); proceeds to finance generator rebuilds and other capital improvements, as well as to refund the district's series 1999A and 2000A bonds.

• $57.3 million series 2010A bonds

• $39.225 million series 2010B Build America Bonds

• $3.475 million series 2010C non-AMT bonds

• $13.065 million series 2010D AMT bonds

TOHOPEKALIGA WATER AUTHORITY (FLORIDA): $95 million series 2010A utility system revenue refunding bonds (Aa3/AAA/); negotiated; FirstSouthwest Co. (lead): proceeds to refund existing debt issued to improve and expand utility system.


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