Monroe County, N.Y., prepares $88.37 million improvement notes, bonds

By Sheri Kasprzak

New York, June 20 – Monroe County, N.Y., is expected to price $88,365,000 of series 2014 public improvement bonds and notes on Wednesday, according to a notice of sale.

The offering includes $22.92 million of series 2014 public improvement bonds and $65,445,000 of series 2014 public improvement bond anticipation notes.

The bonds and notes will be sold competitively with Capital Market Advisors LLC as the financial adviser.

The bonds are due 2015 to 2034. The notes are due July 1, 2015.

Proceeds will be used to finance capital improvements, as well as to redeem the county’s BANs due July 9, 2014.

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