Polk County, Iowa, organizes $92.11 million general obligation bonds

By Sheri Kasprzak

New York, April 22 – Polk County, Iowa, is slated to price $92.11 million of series 2015 general obligation bonds on Monday, according to a preliminary official statement.

The deal includes $18,135,000 of series 2015A G.O. bonds and $73,975,000 of series 2015B G.O. bonds.

The bonds (Aaa/AAA/) will be sold competitively with Piper Jaffray & Co. as the financial adviser.

The 2015A bonds are due 2016 to 2025.

The 2015B bonds are due 2016 to 2035.

Proceeds will be used to finance the acquisition, construction and improvement of storm water management systems.

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