Howard County, Md., preps $158.07 million G.O. sale for Tuesday

By Sheri Kasprzak

New York, Feb. 9 - Howard County, Md., is scheduled to sell $158.07 million of series 2011 general obligation bonds on Tuesday, according to a preliminary official statement.

The sale includes $109.23 million of series 2011A consolidated public improvement bonds and $48.84 million of series 2011A metropolitan district bonds.

The bonds (Aaa/AAA/AAA) will be sold competitively with Public Financial Management as the financial adviser.

The 2011A consolidated public improvement bonds are due 2012 to 2031, and the 2011A metropolitan district bonds are due 2012 to 2041.

Proceeds will be used to fund capital expenditures.

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