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Lee County School, Fla., defeases 2005A certificates of participation
By Tali Rackner
Norfolk, Va., Sept. 26 – The Lee County School Board, Fla., defeased its series 2005A certificates of participation, according to a notice.
The following will be redeemed on Aug. 1, 2015:
• $1,515,000 of 4.125% bonds due Aug. 1, 2016;
• $1,575,000 of 4.25% bonds due Aug. 1, 2017;
• $50,000 of 4.3% bonds due Aug. 1, 2018;
• $1.52 million of 5% bonds due Aug. 1, 2018;
• $30,000 of 4.35% bonds due Aug. 1, 2019;
• $1,625,000 of 5% bonds due Aug. 1, 2019;
• $70,000 of 4.4% bonds due Aug. 1, 2020;
• $1.66 million of 5% bonds due Aug. 1, 2020;
• $1.82 million of 5% bonds due Aug. 1, 2021;
• $1,905,000 of 5% bonds due Aug. 1, 2022;
• $2.01 million of 5% bonds due Aug. 1, 2023;
• $2,175,000 of 5% bonds due Aug. 1, 2024;
• $2,365,000 of 4.5% bonds due Aug. 1, 2025;
• $6.14 million of 5% bonds due Aug. 1, 2026;
• $21,535,000 of 5% bonds due Aug. 1, 2027;
• $300,000 of 4.625% bonds due Aug. 1, 2028; and
• $31,215,000 of 5% bonds due Aug. 1, 2028.
U.S. Bank NA is the escrow agent.
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