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Seattle defeases $53.56 million G.O. improvement and refunding bonds
By Ashley Montgomery
Kansas City, Kan., May 16 - The City of Seattle defeased its 2002 unlimited tax general obligation improvement and refunding bonds, according to a notice.
The following bonds are affected:
• $5.04 million of 4% bonds due Dec. 1, 2013;
• $5.24 million of 4% bonds due Dec. 1, 2014;
• $5.45 million of 4% bonds due Dec. 1, 2015;
• $5.67 million of 4.125% bonds due Dec. 1, 2016;
• $5.9 million of 4.2% bonds due Dec. 1, 2017;
• $6.15 million of 4.3% bonds due Dec. 1, 2018;
• $6,415,000 of 4.4% bonds due Dec. 1, 2019;
• $6,695,000 of 4.5% bonds due Dec. 1, 2020; and
• $7 million of 4.6% bonds due Dec. 1, 2021.
The bonds will be redeemed Dec. 1, 2012 at par.
U.S. Bank, NA is the trustee.
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