Seattle plans to sell $80.41 million G.O. improvement bonds March 1

By Sheri Kasprzak

New York, Feb. 22 - The City of Seattle is expected to price $80.405 million of series 2011 limited tax general obligation improvement bonds on March 1, according to a preliminary official statement.

The bonds (Aa1/AAA/AA+) will be sold competitively with Seattle-Northwest Securities Inc. as the financial adviser.

The bonds are due 2012 to 2031.

Proceeds will be used to finance general capital expenditures.

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