Hudsonville Public Schools, Mich., to sell $82 million G.O. bonds

By Sheri Kasprzak

New York, May 26 - The Hudsonville Public Schools of Ottawa and Allegan counties in Michigan is set to price $82 million of series 2011 unlimited tax school building and site general obligation bonds, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Fifth Third Securities Inc. as the senior manager. The co-managers are The Huntington Investment Co. and Stifel, Nicolaus & Co. Inc.

The bonds are due 2012 to 2028 with term bonds due in 2031, 2033, 2036 and 2041.

Proceeds will be used to construct, equip and furnish a new high school, auditorium, pool, elementary school and transportation facility building, as well as to renovate and repair existing school facilities.

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