Northside ISD, Texas, to price $75 million building bonds Tuesday

By Cristal Cody

Tupelo, Miss., Feb. 20 - The Northside Independent School District in Texas expects to price the previously announced $75 million in unlimited tax school building bonds on Tuesday, Oscar Cardenas, the district's assistant superintendent for finance, told Prospect News.

The series 2009 bonds have serial maturities from 2012 through 2039, according to a preliminary official statement.

Frost Bank is the senior manager of the negotiated sale.

The co-managers are Sterne, Agee & Leach, Inc., Stifel Nicolaus & Co., Inc. and Southwest Securities Inc.

The proceeds will be used to acquire, construct, renovate and equip school facilities and school property.

Northside ISD is located in Bexar County.

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