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Published on 6/29/2010 in the Prospect News Municipals Daily.

Monroe County, N.Y., schedules $84.72 million sale of public improvement G.O. bonds for July 7

By Sheri Kasprzak

New York, June 29 - Monroe County in New York is expected to price $84.715 million in series 2010 public improvement general obligation bonds on July 7, according to a notice of sale.

The bonds (A3/BBB+/A-) will be sold competitively with Capital Markets Advisors LLC as the financial adviser.

The bonds are due 2011 to 2030.

Proceeds will be used to replace and upgrade certain bridges and highways; replace and enhance public safety communications equipment; reconstruct the county's civic center; improve parks, recreational facilities and structures; construct, furnish and equip a public safety laboratory; increase and improve water and sewer services; renovate the children's detention center; and improve automation systems at the county's public library system.


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