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JEA, Fla., defeases $82.24 million of water and sewer system bonds
By Tali David
Minneapolis, Aug. 21 - JEA, Fla., defeased $82,235,000 of its 2004 series A water and sewer system revenue bonds, according to a notice.
The following will be redeemed at par plus accrued interest on Oct. 1:
• $720,000 of 3.2% bonds due Oct. 1, 2014;
• $5.51 million of 5% bonds due Oct. 1, 2014;
• $6.47 million of 5% bonds due Oct. 1, 2015;
• $6.77 million of 5% bonds due Oct. 1, 2016;
• $7,085,000 of 5% bonds due Oct. 1, 2017;
• $6,735,000 of 5% bonds due Oct. 1, 2018;
• $7.09 million of 5% bonds due Oct. 1, 2019;
• $8.58 million of 5% bonds due Oct. 1, 2020;
• $10,545,000 of 5% bonds due Oct. 1, 2021;
• $11,075,000 of 5% bonds due Oct. 1, 2022; and
• $11,655,000 of 5% bonds due Oct. 1, 2023.
U.S. Bank NA is the escrow agent.
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