Hillsborough County, Fla., preps $71.13 million sale of revenue bonds

By Sheri Kasprzak

New York, May 16 - Hillsborough County of Florida plans to price $71,125,000 of series 2012 capital improvement program revenue bonds after May 30, according to a notice of sale.

The bonds will be sold on a day-to-day basis no earlier than May 30, according to the notice.

The bonds (Aa2/AA+/AA+), which are due 2013 to 2026, will be sold competitively with Public Financial Advisory Group as the financial adviser.

Proceeds will be used to construct, equip and acquire a county jail, additional county service center facilities, recreational park improvements, storm water utility improvements and transportation improvements, as well as to refinance commercial paper notes.

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