Port of Tacoma, Wash., defeases its 2004B & 2005 AMT revenue bonds

By Tali Rackner

Norfolk, Va., June 11 – The Port of Tacoma, Wash., defeased $21,925,000 of its series 2004B and $71,605,000 of series 2005 AMT revenue bonds, according to two notices.

The following 2004B bonds will be redeemed at par plus accrued interest on Dec. 1, 2014:

• $21,925,000 of 5% bonds due Dec. 1, 2034.

The following 2005 bonds will be redeemed at par plus accrued interest on Dec. 1, 2015:

• $1.9 million of 5% bonds due Dec. 1, 2014, to be redeemed at maturity;

• $1,985,000 of 5% bonds due Dec. 1, 2015, to be redeemed at maturity;

• $2,075,000 of 5% bonds due Dec. 1, 2016;

• $2.17 million of 5% bonds due Dec. 1, 2017;

• $2,265,000 of 5% bonds due Dec. 1, 2018;

• $2.37 million of 5% bonds due Dec. 1, 2019;

• $2,485,000 of 5% bonds due Dec. 1, 2020;

• $2.61 million of 5% bonds due Dec. 1, 2021;

• $2.74 million of 5% bonds due Dec. 1, 2022;

• $2.88 million of 5% bonds due Dec. 1, 2023;

• $3,025,000 of 5% bonds due Dec. 1, 2024;

• $3,175,000 of 5% bonds due Dec. 1, 2025;

• $18.42 million of 5% bonds due Dec. 1, 2030; and

• $23,505,000 of 5% bonds due Dec. 1, 2035.

U.S. Bank NA is the refunding trustee.

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