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Published on 7/20/2009 in the Prospect News Municipals Daily.

Harlingen, Texas, school district calls $55.19 million series 1999 bonds

By Susanna Moon

Chicago, July 20 - Harlingen Consolidated Independent School District in Texas said it called $55.19 million of its series 1999 refunding unlimited tax school building bonds for redemption on 2.

The school district said it will pay par for $1.585 million of 5.5% bonds due Aug. 15, 2010, $1.67 million of 5.5% bonds due Aug. 15, 2011, $1.76 million of 5.5% bonds due Aug. 15, 2012, $1.86 million of 5.5% bonds due Aug. 15, 2013, $1.96 million of 5.5% bonds due Aug. 15, 2014, $2.07 million of 5.5% bonds due Aug. 15, 2015, $2.18 million of 5.5% bonds due Aug. 15, 2016, $2.3 million of 5.5% bonds due Aug. 15, 2017, $2.43 million 5.5% bonds due Aug. 15, 2018, $2.56 million 5.5% bonds due Aug. 15, 2019, $2.705 million of 5.5% bonds due Aug. 15, 2020, $2.850 million 5.5% bonds due Aug. 15, 2021, $3.01 million of 5.5% bonds due Aug. 15, 2022, $13.79 million of 5.5% bonds due Aug. 15, 2026 and $12.46 million of 5.65% bonds due Aug. 15, 2029.

The district also will pay accrued interest to Aug. 15.

Bank of New York Mellon Trust Co., NA is trustee and agent.


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