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Published on 6/11/2012 in the Prospect News Municipals Daily.

Onondaga County, N.Y., prepares $51.43million G.O. bonds for Wednesday

By Sheri Kasprzak

New York, June 11 - Onondaga County, N.Y., plans to sell $51,425,000 of series 2012 general obligation bonds on Wednesday, said a preliminary official statement.

The bonds (Aa1/AA+/AAA) will be sold on a competitive basis with Fiscal Advisors & Marketing Inc. as the financial adviser.

The bonds are due 2014 to 2037.

Proceeds will be used to finance road improvements, bridge reconstructions, county buildings reconstructions, land purchases, technology acquisitions and other county capital improvements.


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