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Miami-Dade County, Fla., defeases 2005 general obligation bonds
By Tali Rackner
Norfolk, Va., Jan. 23 – Miami-Dade County, Fla., defeased its series 2005 Parks Program general obligation bonds, according to a notice.
The bonds will be redeemed at par plus accrued interest on Nov. 1, 2015.
The following 2005 serial bonds were defeased:
• $3,985,000 of 5% bonds due Nov. 1, 2020;
• $4.19 million of 5% bonds due Nov. 1, 2021;
• $4,385,000 of 4.25% bonds due Nov. 1, 2022;
• $4,575,000 of 4.25% bonds due Nov. 1, 2023;
• $4,775,000 of 4.25% bonds due Nov. 1, 2024;
• $5 million of 5% bonds due Nov. 1, 2025;
• $5.26 million of 5% bonds due Nov. 1, 2026; and
• $23.53 million of 4.3% term bonds due Nov. 1, 2030.
U.S. Bank NA is the registrar and paying agent.
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