Howard County, Md., prepares $55.04 million G.O. bond sale for Tuesday

By Sheri Kasprzak

New York, March 16 - Howard County in Maryland is scheduled to price $55,035,000 of series 2012 general obligation bonds on Tuesday, according to a preliminary official statement.

The deal includes $36.52 million of series 2012A consolidated public improvement bonds and $18,515,000 of series 2012A metropolitan district bonds.

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

The consolidated public improvement bonds are due 2013 to 2032, and the metropolitan district bonds are due 2013 to 2037.

Proceeds to pay or reimburse the county for the payment of costs related to certain projects.

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