McKinney ISD, Texas, defeases school building, refunding bonds

By Tali Rackner

Norfolk, Va., Dec. 1 – The McKinney Independent School District of Texas defeased four series of its unlimited tax school building and refunding bonds, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.

The following will be redeemed at par on Dec. 19:

• $3.63 million of series 2006 unlimited tax refunding bonds due Feb. 15, 2015 to 2017; and

• $3.98 million of series 2004 unlimited tax school building and refunding bonds due Feb. 15, 2015 to 2027 and 2029.

The following will be redeemed at par on Feb. 15:

• $45.07 million of series 2005 unlimited tax refunding bonds due Feb. 15, 2016 to 2020; and

• $20.58 million of series 2005 unlimited tax school building bonds due Feb. 15, 2016 to 2024, 2029 and 2030.

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