Nevada to price $297.59 million G.O. bonds

By Cristal Cody

Springdale, Ark., July 10 - Nevada intends to price $297.59 million general obligation bonds in five tranches in competitive sales on July 16, according to a preliminary official statement.

The sale includes $273.115 million series 2008C capital improvement and cultural affairs bonds due from 2013 through 2027; $12.705 million series 2008D natural resources bonds due from 2013 through 2028; $7.365 million series 2008E open space, parks and cultural resources bonds due from 2013 through 2021; $3.39 million series 2008F safe drinking water revolving fund matching bonds due from 2009 through 2018 and $1.015 million series 2008G water pollution control revolving fund matching bonds due in 2009 and 2010.

NSB Public Finance and JNA Consulting Group are the state's financial advisers.

Proceeds will be used to finance capital improvement projects and award financial assistance to government groups and nonprofit organizations for projects that include the preservation or protection of historical buildings.

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