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Published on 3/17/2008 in the Prospect News Municipals Daily.

Hamilton County, Tenn., expects to sell $133.99 million general obligation and refunding bonds

By Cristal Cody

Springdale, Ark., March 17 - Hamilton County, Tenn., plans to price $133.985 million bonds in a competitive sale on March 25, according to a notice released Monday.

The county will price $97 million of general obligation bonds in series 2008A, and $36.985 million of general obligation refunding bonds in series 2008B.

The series 2008A bonds have serial maturities from 2009 through 2023. The series 2008B bonds have maturities from 2009 through 2015.

Public Financial Management is the financial advisor for the sale of the bonds (Aa1/-/AA+).

Proceeds will permanently finance a portion of the county's outstanding commercial paper notes; refund a portion of outstanding series 1997A, 1998A, and 2000 general obligation bonds and fund government and school capital improvement projects.


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