Palm Beach County, Fla., to sell $85 million TANs Sept. 25

By Sheri Kasprzak

New York, Sept. 16 - Palm Beach County in Florida intends to sell $85 million in series 2008 tax anticipation notes on Sept. 25, according to a preliminary official statement.

The notes will be sold on a competitive basis with Public Financial Management as the county's financial adviser.

The notes are due Sept. 23, 2009.

Proceeds will be used for capital expenditures pending the receipt of tax revenues.

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