Tempe, Ariz., plans $66.365 million in general obligation bonds June 5

By Sheri Kasprzak

New York, May 19 - The city of Tempe, Ariz., intends to sell $66.365 million in series 2008A general obligation bonds on June 5, a calendar of upcoming offerings said Monday.

The bonds (Aa1//AAA) will be sold on a competitive basis.

Proceeds from the deal will be used to finance water and sewer infrastructure improvements, as well as street and public safety improvements.

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