Fort Worth, Texas, plans to sell $109.06 million bonds and certificates for three counties

By Cristal Cody

Tupelo, Miss., Sept. 7 - The City of Fort Worth, Texas, intends to sell $109.055 million in bonds and certificates for Tarrant, Denton and Wise counties, according to notices of sale.

The sale includes $20.59 million in series 2010 general purpose bonds (Aa1/AA+/AA+); $42.595 million in series 2010A tax and revenue certificates of obligation (Aa1/AA+/AA+); and $45.87 million in series 2010C water and sewer system revenue bonds (Aa1/AA/AA+).

The bonds and certificates have serial maturities from 2011 though 2030.

The bonds and certificates will price through competitive sales on Sept. 14.

First Southwest Co. and Estrada Hinojosa & Co., Inc. are co-financial advisers.

Proceeds will be used to fund improvements and extensions to the city's water system and streets.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.