Minnesota Public Facilities to sell $200 million revenue bonds Tuesday

By Sheri Kasprzak

New York, Oct. 25 - The Minnesota Public Facilities Authority is set to bring to market $200 million in series 2010C state revolving fund revenue bonds on Tuesday, according to a notice of sale.

The bonds will be sold competitively with Public Financial Management Inc. as the financial adviser.

The bonds are due 2012 to 2026.

Proceeds will be used to fund improvements to the state's water treatment facilities.

Based in St. Paul, Minn., the authority obtains funding to assist cities and local governments with infrastructure projects.

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