Anne Arundel County, Md., to sell $179.59 million of G.O.s March 30

By Sheri Kasprzak

New York, March 21 - Anne Arundel County of Maryland is slated to bring to market $179.59 million of series 2011 general obligation bonds on March 30, said a preliminary official statement.

The offering includes $131.99 million of series 2011 consolidated general improvements bonds and $47.6 million of series 2011 consolidated water and sewer bonds.

The bonds will be sold competitively with Public Resources Advisory Group as the financial adviser.

The 2011 consolidated general improvements bonds are due 2012 to 2031, and the 2011 water and sewer bonds are due 2012 to 2041.

Proceeds will be used to retire the county's series A bond anticipation notes, as well as to fund general improvements and improvements to the county's water and sewer system.

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