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Published on 7/17/2014 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Rancho Cucamonga, Calif., defeases $224.29 million redevelopment bonds

By Tali Rackner

Norfolk, Va., July 17 – The Rancho Cucamonga Redevelopment Agency of California called $224.29 million of its series 1999, 2001 and 2004 tax allocation bonds issued for the Rancho Redevelopment Project, according to multiple notices.

The following agency will redeem $25,105,000 of 1999 bonds, $71.74 million of 2001 bonds and $127,445,000 of 2004 bonds at par plus accrued interest on Aug. 14.

Wells Fargo Bank, NA is the trustee.


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