Municipal Calendar: San Francisco Unified School to sell $205 million of bonds

Week of January 6

COLUMBUS (OHIO): $97.8 million series 2014 general obligation bonds (//AAA); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund select maturities of outstanding G.O. bonds; pricing week of Jan. 6.

• $33.9 million series 2014-1 various purpose unlimited tax refunding bonds

• $21.3 million series 2014-2 various purpose limited tax refunding bonds

• $32.5 million series 2014-3 taxable various purpose unlimited tax refunding bonds

• $10.1 million series 2014-4 taxable various purpose limited tax refunding bonds

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY/NORTHEASTERN UNIVERSITY: $150 million series 2014A revenue bonds; negotiated; Barclays and Morgan Stanley & Co. LLC (lead); proceeds to construct, design and equip a new interdisciplinary science and engineering building, as well as to renovate existing administrative and office space; pricing week of Jan. 6.

MASSACHUSETTS DEVELOPMENT FINANCE AUTHORITY/PHILLIPS ACADEMY: $81.8 million series 2014 revenue bonds (Aaa/AAA/); negotiated; J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (lead); proceeds to finance the construction, renovation and improvement of dormitory buildings, academy halls and other campus buildings, as well as to install electronic security systems throughout the Phillips Academy campus and to refund existing bonds; pricing week of Jan. 6.

• $51.57 million series 2014A bonds due 2038 and 2043

• $30.23 million series 2014B taxable bonds due 2043

NORTHEASTERN UNIVERSITY (MASSACHUSETTS): $100 million series 2014B taxable bonds (A2); negotiated; Barclays and Morgan Stanley & Co. LLC (lead); proceeds to construct, design and equip a new interdisciplinary science and engineering building, as well as to renovate existing administrative and office space; pricing week of Jan. 6.

TROY SCHOOL DISTRICT (MICHIGAN): $56 million series 2014 general obligation school building and site bonds; negotiated; Stifel, Nicolaus & Co. Inc. (lead); Comerica Securities Inc. and Fifth Third Securities Inc. (co-managers); bonds due 2015 to 2028; proceeds to finance the renovation, construction, design and improvement of school facilities, as well as to acquire properties for school construction; pricing week of Jan. 6.

UNIVERSITY OF TEXAS SYSTEM: $240 million series 2014A permanent university fund bonds (Aaa/AAA/AAA); negotiated; J.P. Morgan Securities LLC and BofA Merrill Lynch (lead); Baird & Co. Inc., Barclays, Estrada Hinojosa & Co. Inc., Jefferies & Co. Inc., Ramirez & Co. Inc. and Southwest Securities Inc. (co-managers); bonds due July 1, 2041; proceeds to refund existing taxable commercial paper notes; pricing week of Jan. 6.

WALLED LAKE CONSOLIDATED SCHOOL DISTRICT (MICHIGAN): $67.5 million series 2014 general obligation school building and site bonds (Aa2); negotiated; Stifel, Nicolaus & Co. Inc. (lead); Baird & Co. and Comerica Securities Inc. (co-managers); bonds due 2016 to 2042; proceeds to be deposited into the district's school building fund to construct, equip and renovate school facilities, as well as to purchase sites for new construction; pricing week of Jan. 6.

January 8

LEON COUNTY SCHOOL DISTRICT (FLORIDA): $75 million series 2014 sales tax revenue bonds (Aa3//AA); competitive; Ford & Associates Inc. (financial adviser); proceeds to acquire, construct, improve and renovate school facilities within the district; pricing Jan. 8.

OHIO: $150 million series 2014A infrastructure improvement general obligation bonds; competitive; bonds due 2015 to 2034; proceeds to finance capital improvements of local subdivisions; pricing Jan. 8.

January 9

SAN FRANCISCO UNIFIED SCHOOL DISTRICT (CALIFORNIA): $205 million Proposition A, election of 2011, series 2014B general obligation bonds (Aa2/AA-/); competitive; Tamalpais Advisors Inc. (financial advisers); proceeds to be deposited into the school district's school building fund; pricing Jan. 9.

Week of January 13

January 16

GREENWICH (CONNECTICUT): $130 million series 2014 general obligation bonds and G.O. bond anticipation notes; competitive; Independent Bond & Investment Consultants Inc. (financial adviser); proceeds to finance capital improvements approved by the town; pricing Jan. 16.

• $45 million series 2014 general obligation bonds due 2015 to 2034

• $85 million series 2014 general obligation bond anticipation notes due Jan. 22, 2015

On the Horizon

AHS HOSPITAL CORP. (NEW JERSEY): $112 million series 2013 taxable bonds (A1/A+/); negotiated; Goldman, Sachs & Co. (lead); proceeds for general corporate purposes.

ALASKA HOUSING FINANCE CORP.: $96,005,000 series 2014A state capital project bonds II; negotiated; J.P. Morgan Stanley & Co. LLC (lead); BofA Merrill Lynch, KeyBanc Capital Markets Inc. and Raymond James/Morgan Keegan (co-managers); bonds due 2016 to 2033; proceeds to refund existing corporation obligations.

ALLEGHENY COUNTY (PENNSYLVANIA): $186 million series 2013 general obligation bonds (A1/A+/); negotiated; PNC Capital Markets LLC (lead); Drexel Hamilton LLC, The Huntington Investment Co., Janney Montgomery Scott LLC, RBC Capital Markets LLC and Rice Financial Products Co. (co-managers); proceeds to refund the county's series C-57 notes.

• $135 million series C-71A taxable G.O. refunding bonds due 2013 to 2021

• $16 million series C-71B G.O. refunding bonds due 2021 to 2023

• $35 million series C-72 bonds due 2014 to 2027

ATLANTA DEVELOPMENT AUTHORITY/GEORGIA TECH: $116,095,000 series 2013 TUFF-GATV revenue bonds (A2/A/); negotiated; BofA Merrill Lynch and SunTrust Robinson Humphrey (lead); proceeds to refund the authority's series 2002A-B and 2005A-B revenue bonds.

• $45,645,000 series 2013A-1 revenue bonds due 2020 to 2033 with term bonds due 2038 and 2043

• $5.62 million series 2013A-2 taxable revenue bonds due 2014 to 2020

• $5.35 million series 2013B-1 revenue bonds due 2025 to 2028

• $56,415,000 series 2013B-2 taxable revenue bonds due 2014 to 2033 with term bonds due 2028, 2033 and 2043

• $3,065,000 series 2013C revenue bonds due 2014 to 2027

BRIDGEPORT (CONNECTICUT): $71.5 million series 2013B general obligation tax anticipation notes (/SP-1+/); negotiated; Raymond James/Morgan Keegan (lead); notes due Feb. 18, 2014; proceeds to pay expenses for the city due to cash flow needs.

BRISTOL TOWNSHIP SCHOOL DISTRICT (PENNSYLVANIA): $122.94 million series 2013 general obligation bonds (A1); negotiated; Boenning & Scattergood (lead); proceeds to finance capital improvements to the district's infrastructure.

CATHOLIC HEALTH SERVICES OF LONG ISLAND (NEW YORK): $290 million series 2013 taxable bonds (Baa1/BBB+/BBB+); negotiated; Morgan Stanley & Co. LLC and Goldman, Sachs & Co. (lead); proceeds to finance corporate needs for Catholic Health Services.

COLORADO HEALTH FACILITIES AUTHORITY/COLORADO WEST HEALTHCARE SYSTEM: $76.19 million series 2013 hospital revenue bonds; negotiated; Cain Brothers (lead); bonds due 2033, 2043 and 2048; proceeds to finance the construction and equipment of a new hospital, as well as to reimburse the health care system for capital improvements and land acquisitions.

DALLAS INDEPENDENT SCHOOL DISTRICT (TEXAS): $143.34 million series 2013 taxable limited maintenance tax school construction notes; negotiated; Loop Capital Markets LLC (lead); BOSC Inc., Citigroup Global Markets Inc. and M.R. Beal & Co. (co-managers); proceeds to pay lawful maintenance expenses of the district, including the repair, rehabilitation, renovation, equipment and replacement of existing school facilities, including heating and air conditions system improvements.

DISTRICT OF COLUMBIA/NATIONAL LAW ENFORCEMENT MUSEUM: $99.43 million series 2013 revenue bonds; negotiated; H.J. Sims & Co. (lead); proceeds to reimburse the city for the costs associated with constructing, equipping and furnishing the National Law Enforcement Museum at 444 E Street in Washington, D.C.

• $77.98 million series 2013A bonds due 2023, 2033 and 2048

• $21.45 million series 2013B bonds due 2048

FORT WORTH (TEXAS): $99.2 million series 2013 bonds and certificates of obligation; negotiated; Citigroup Global Markets Inc. (lead); Barclays, BOSC Inc., Stephens Inc. and M.R. Beal & Co. (co-managers); proceeds to finance storm sewer system and street improvements, as well as improvements to park facilities and to refund existing debt.

• $35,755,000 series 2013 general purpose refunding and improvement bonds due 2014 to 2033

• $63,445,000 series 2013 combination tax and revenue certificates of obligation due 2014 to 2034

IDAHO HEALTH FACILITIES AUTHORITY/TERRACES OF BOISE: $101,925,000 series 2013 revenue bonds; negotiated; Ziegler Capital Markets (lead); proceeds to finance or refinance the construction, acquisition and equipment of residential living apartments at the Terraces of Boise facility, as well as to refinance debt incurred during the project's completion.

• $79,425,000 series 2013A revenue bonds due 2049

• $5 million series 2013B-1 tax-exempt mandatory paydown securities due 2022

• $7.75 million series 2013B-2 tax-exempt mandatory paydown securities due 2021

• $8.5 million series 2013B-3 tax-exempt mandatory paydown securities due 2020

• $1.25 million series 2013C taxable mandatory paydown securities due 2019

ILLINOIS FINANCE AUTHORITY/MEMORIAL HEALTH SYSTEM: $60 million series 2014A revenue bonds (A1/A+/); negotiated; Piper Jaffray & Co. (lead); proceeds to construct and equip a new patient tower, construct and equip a learning center, construct and equip an expansion to operating room facilities, renovate and improve the main lobby and waiting area and improve other facilities for Memorial Health.

IOWA FINANCE AUTHORITY/UNITYPOINT HEALTH: $71,795,000 series 2013C health facilities revenue bonds (Aa3/AA-/); negotiated; Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC (lead); proceeds to refund the authority's series 2005A revenue bonds.

KERN COMMUNITY COLLEGE DISTRICT (CALIFORNIA): $98,985,000 series 2013 general obligation bonds (Aa2); negotiated; Piper Jaffray & Co. (lead); proceeds to finance capital projects for the district, as well as to refund existing G.O. debt.

• $54,805,000 series 2013C G.O. bonds

• $10,375,000 series 2013 G.O. refunding bonds

• $33,805,000 series 2013 taxable G.O. refunding bonds

LANCASTER COUNTY (PENNSYLVANIA): $108.29 million series 2013 solid waste disposal system revenue bonds (/AA-/); negotiated; Guggenheim Securities LLC (lead); proceeds to finance improvements to the county's solid waste disposal system.

LA PAZ INDUSTRIAL DEVELOPMENT AUTHORITY (ARIZONA): $285 million series 2013 taxable senior lien project revenue bonds (/BBB/); negotiated; Raymond James/Morgan Keegan (lead); proceeds to refinance debt incurred by the authority for the construction, acquisition, equipment and improvement of six correctional facilities in Texas and Louisiana.

LIVONIA PUBLIC SCHOOLS SCHOOL DISTRICT (MICHIGAN): $66 million series 2014 unlimited tax general obligation refunding bonds; negotiated; J.P. Morgan Securities LLC (lead); Stifel, Nicolaus & Co. Inc. and Fifth Third Securities Inc. (co-managers); bonds due 2015 to 2025; proceeds to refund the district's series 2004A-B unlimited tax G.O. bonds.

LOUISIANA STATE BOND COMMISSION/BIONITROGEN LOUISIANA HOLDINGS LLC: $1.25 billion tax-exempt bonds; proceeds to construct five plants in Point Coupee Parish, La., to convert biomass into urea fertilizer.

METROPOLITAN SEWER DISTRICT OF GREATER CINCINNATI (OHIO): $430,505,000 series 2013 sewer system improvement and refunding revenue bonds (Aa2/AA+/); negotiated; Citigroup Global Markets Inc. (lead); proceeds to make capital improvements to the system, as well as to refund existing debt.

• $294.51 million series 2013A revenue bonds

• $135,995,000 series 2013B taxable refunding bonds

METROPOLITAN WATER DISTRICT OF SOUTHERN CALIFORNIA: $145.49 million series 2013 water revenue refunding bonds (Aa1/AAA/AA+); negotiated; Goldman, Sachs & Co. (lead for 2013A, 2013C); De La Rosa & Co. Inc., J.P. Morgan Securities LLC, Loop Capital Markets LLC and US Bancorp Inc. (co-managers for 2013A, 2013C); J.P. Morgan Securities LLC and Loop Capital Markets LLC (lead for 2013B); proceeds to refund existing water revenue bonds.

• $90.46 million series 2013A bonds due 2013 and 2018 to 2021

• $18.7 million series 2013B taxable bonds due 2018

• $13,505,000 series 2013C-1 bonds due 2027

• $14.02 million series 2013C-2 bonds due 2025

• $8,805,000 series 2013C-3 bonds due 2023

MISSOURI HEALTH AND EDUCATIONAL FACILITIES AUTHORITY/BJC HEALTH SYSTEM: $255 million series 2013C health facilities revenue bonds (Aa2/AA/); negotiated; RBC Capital Markets LLC (lead); BMO Capital Markets LLC, BNY Mellon Capital Markets LLC, Edward D. Jones & Co. LP, Mitsubishi UFJ Securities and US Bancorp Investments Corp. (co-managers); bonds due 2017 to 2028 with term bonds due 2033 and 2039; proceeds to finance or reimburse the health system for costs related to the construction, acquisition, equipment and installation of improvements and additions to BJC Health System facilities.

MOON INDUSTRIAL DEVELOPMENT AUTHORITY (PENNSYLVANIA)/BAPTIST HOMES SOCIETY: $143.49 million series 2013 revenue bonds; negotiated; H.J. Sims & Co. (lead); bonds due 2023, 2033 and 2048; proceeds to refund the authority's series 2007 variable-rate Baptist Homes Society revenue bonds.

NORFOLK (VIRGINIA): $229,575,000 series 2013 general obligation bonds (Aa2/AA+/AA+); negotiated; BofA Merrill Lynch (lead); Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Raymond James/Morgan Keegan, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC (co-managers); proceeds to finance projects from the city's capital improvement plan and to refund the city's series 2008C G.O. capital improvement bonds, its series 2011A-B G.O. bond anticipation notes, its series 1999 parking system revenue bonds, its 2000B parking system revenue bonds, its series 2004 parking system revenue and refunding bonds, its series 2005A parking system revenue refunding bonds and its series 2012 taxable parking system revenue bonds.

• $145.37 million series 2013A tax-exempt G.O. capital improvement and refunding bonds due 2014 to 2034 with term bonds due 2038 and 2043

• $81,735,000 series 2013B taxable G.O. capital improvement and refunding bonds due 2014 to 2027 with term bonds due 2030 and 2037

• $2.47 million series 2013C taxable G.O. qualified energy conservation bonds due Aug. 1, 2032

ORANGE COUNTY SCHOOL BOARD (FLORIDA): $85.16 million series 2013A certificates of participation (Aa2//AA); negotiated; J.P. Morgan Securities LLC (lead); BofA Merrill Lynch, Citigroup Global Markets Inc., Jefferies & Co., Loop Capital Markets LLC, Raymond James/Morgan Keegan and Wells Fargo Securities LLC (co-managers); certificates due 2015 to 2029; proceeds to refund the board's series 2004A COPs.

PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY/WIDENER UNIVERSITY: $52.52 million series 2013A revenue bonds (/BBB+/A-); negotiated; BofA Merrill Lynch (sole); bonds due 2014 to 2028 with term bonds due 2033 and 2038; proceeds to current refund the authority's series 2003 revenue bonds issued for the university and to advance refund its series 2005 revenue bonds.

PENNSYLVANIA HOUSING FINANCE AGENCY: $129.07 million series 2013-116 AMT single-family mortgage revenue bonds; negotiated; RBC Capital Markets LLC and BofA Merrill Lynch (lead); Barclays, George K. Baum & Co., Drexel Hamilton LLC, Janney Montgomery Scott LLC, J.P. Morgan Securities LLC, Loop Capital Markets LLC, Morgan Stanley & Co. LLC, PNC Capital Markets LLC, Quoin Capital LLC and Wells Fargo Securities LLC (co-managers); bonds due 2013 to 2024 with term bonds due in 2028, 2033, 2038, 2040 and 2043; proceeds to finance single-family mortgage loans to qualified Pennsylvania residents.

PUBLIC FINANCE AUTHORITY (WISCONSIN): $51 million series 2013A Linda Paseo student housing senior revenue bonds; negotiated; Guggenheim Securities LLC (lead); proceeds to finance the construction of student housing connected to the Village Linda Paseo project.

RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP./ROGER WILLIAMS UNIVERSITY: $54.79 million series 2013 higher education facility revenue refunding bonds; negotiated; BofA Merrill Lynch (lead); Janney Montgomery Scott LLC, RBC Capital Markets LLC and US Bancorp Investment Co. (co-managers); bonds due 2014 to 2038; proceeds to refund the university's series 2003 and 2008B revenue bonds.

RHODE ISLAND HOUSING AND MORTGAGE FINANCE CORP.: $84,195,000 series 64-T taxable homeownership opportunity bonds; negotiated; J.P. Morgan Securities LLC, BofA Merrill Lynch and Morgan Stanley & Co. LLC (lead); Janney Montgomery Scott LLC, M.R. Beal & Co., Oppenheimer & Co. Inc., RBC Capital Markets LLC and Roosevelt & Cross Inc. (co-managers); bonds due 2014 to 2023 with term bonds due in 2028 and 2034; proceeds to refund existing debt.

SAGINAW COUNTY (MICHIGAN): $60.55 million series 2013 general obligation limited tax pension obligation bonds (Aa3); negotiated; Fifth Third Securities Inc. (lead); BofA Merrill Lynch and Stifel, Nicolaus & Co. Inc. (co-managers); bonds due 2014 to 2028 with term bond due in 2033; proceeds to fund unfunded pension liabilities for state employees.

SOUTH ORANGE COUNTY PUBLIC FINANCING AUTHORITY (CALIFORNIA): $65,875,000 series 2014A senior lien special tax revenue refunding bonds (/BBB+/); negotiated; Piper Jaffray & Co. (lead); proceeds to purchase local obligations for the purchase of refunding existing debt to reduce special taxes.

TANGIPAHOA PARISH HOSPITAL SERVICE DISTRICT NO. 1/NORTH OAKS HEALTH SYSTEM (LOUISIANA): $66,245,000 series 2013 hospital revenue bonds (/BBB/); negotiated; Raymond James/Morgan Keegan (lead); proceeds to finance hospital improvements for North Oaks, as well as the refund the district's series 2003A revenue bonds.

• $55,445,000 series 2013A refunding bonds due 2014 to 2028

• $10.8 million series 2013B revenue bonds due 2031 and 2034

TEXAS: $177 million series 2013 water finance assistance refunding bonds (Aaa/AAA/AAA); negotiated; J.P. Morgan Securities LLC (lead); proceeds to refund existing debt initially used to fund loans to local governments for water capital projects.

• $20 million series 2013D taxable bonds

• $15,095,000 series 2013E taxable bonds

• $27,295,000 series 2013F taxable bonds

• $114.61 million series 2013G taxable bonds

TEXAS PUBLIC FINANCE AUTHORITY: $50 million series 2013 general obligation refunding bonds (Aaa/AAA/); negotiated; Piper Jaffray & Co. (lead); proceeds to refund existing G.O. bonds.

UNIVERSITY OF MASSACHUSETTS BUILDING AUTHORITY: $250 million series 2013 refunding revenue bonds; negotiated; Jefferies & Co. (sole underwriter for 2013-3); Wells Fargo Securities LLC (lead for 2013-4); Ramirez & Co. Inc. (lead for 2013-5); proceeds to refund existing revenue debt.

• $80 million series 2013-4 taxable revenue refunding bonds

• $170 million series 2013-5 taxable refunding revenue bonds

UNIVERSITY OF UTAH: $320 million series 2013A general revenue and refunding bonds (Aa1/AA/); negotiated; Goldman, Sachs & Co. and Barclays (lead); BofA Merrill Lynch and J.P. Morgan Securities LLC (co-managers); proceeds to construct and acquire university capital projects, as well as to refund existing debt.

VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO. 10 (FLORIDA): $69.43 million series 2014 special assessment revenue bonds; negotiated; Citigroup Global Markets Inc. (lead); bonds due 2024, 2031 and 2044; proceeds to construct, equip and renovate phase II of the Villages adult retirement community in Sumter County, Fla., including the construction of roads and multimodal trails.

VIRGINIA PUBLIC SCHOOL AUTHORITY/PRINCE WILLIAM COUNTY: $62.43 million series 2013 special obligation school facility bonds (Aaa/AAA/AAA); competitive; Public Financial Management Inc. (financial adviser); bonds due 2014 to 2033; proceeds to finance school capital expenditures in Prince William County.

WASHINGTON STATE HOUSING FINANCE COMMISSION: $107,295,000 series 2013 nonprofit housing revenue bonds; negotiated; Ziegler Capital Inc. (lead); proceeds to construct residential housing units at Rockwood South Hill in Seattle, as well as to refund variable-rate debt.

• $82,495,000 series 2013A revenue and refunding bonds due Jan. 1, 2049

• $4.65 million series 2013B-1 tax-exempt mandatory paydown securities due Jan. 1, 2021

• $4.65 million series 2013B-2 tax-exempt mandatory paydown securities due Jan. 1, 2020

• $15.5 million series 2013B-3 tax-exempt mandatory paydown securities due Jan. 1, 2020

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