Minnesota plans to sell $60.36 million of 911 revenue bonds

By Cristal Cody

Prospect News, Aug. 8 -The State of Minnesota intends to sell $60.36 million of 911 revenue bonds, according to a preliminary official statement.

The series 2011 bonds have serial maturities from 2012 through 2026.

Jefferies & Co. is the senior manager of the negotiated sale. The co-managers are Barclays Capital Inc.; Wells Fargo Securities LLC; Siebert Brandford Shank & Co., LLC and Cronin & Co., Inc.

Proceeds will be used to finance a statewide radio system plan for emergency response organizations.

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