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Mesa State College, Colo., to bring $60.82 million in bonds, BABs
By Sheri Kasprzak
New York, Sept. 17 - The Board of Trustees for Mesa State College in Colorado plans to price $60.815 million in series 2009 auxiliary facilities enterprise revenue bonds, according to a preliminary official statement.
The sale includes $30.815 million in series 2009A revenue refunding bonds and $30 million in series 2009B taxable Build America Bonds.
The bonds (Aa3) will be sold on a negotiated basis with Piper Jaffray & Co. as the senior manager.
The 2009A bonds are due 2011 to 2029 with a term bond due 2033. The 2009B bonds are due 2040.
Proceeds will be used to refund the college's series 2008 bonds and to construct a new college center, a parking structure and improvements to the college.
Mesa State College is based in Grand Junction, Colo.
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