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Published on 5/4/2010 in the Prospect News Municipals Daily.

Orange County Sanitation District, Calif., plans to sell $80 million wastewater bonds May 11

By Sheri Kasprzak

New York, May 4 - The Orange County Sanitation District of California is set to sell $80 million in series 2010A wastewater revenue obligation Build America Bonds on May 11, according to a notice of sale.

The bonds (/AAA/AAA) will be sold competitively with Public Resources Advisory Group as the financial adviser.

The maturities have not been set.

Proceeds from the sale will be used to fund the construction, acquisition and installation of improvements to the district's wastewater collection, treatment and disposal facilities.

Based in Fountain Valley, Calif., the district is responsible for wastewater collection, treatment and disposal.


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