Denver defeases 2003B G.O. medical, 2006 G.O. justice system bonds

By Tali David

Minneapolis, Oct. 3 - The City and County of Denver, Colo., defeased its series 2003B general obligation medical facilities bonds and its series 2006 G.O. justice system facilities bonds, according to a notice.

The following 2003B bonds will be redeemed on Feb. 1, 2014:

• $10,685,000 of 5% bonds due Aug. 1, 2014;

• $11.12 million of 5% bonds due Aug. 1, 2015;

• $11.59 million of 4% bonds due Aug. 1, 2016;

• $12,085,000 of 4.25% bonds due Aug. 1, 2017; and

• $12.62 million of 5% bonds due Aug. 1, 2018.

The following 2006 bonds will be redeemed on Aug. 1, 2016:

• $7,135,000 of 5% bonds due Aug. 1, 2017;

• $7.49 million of 5% bonds due Aug. 1, 2018;

• $7,865,000 of 5% bonds due Aug. 1, 2019;

• $8,255,000 of 5% bonds due Aug. 1, 2020;

• $8.67 million of 5% bonds due Aug. 1, 2021;

• $9,105,000 of 5% bonds due Aug. 1, 2022;

• $9.56 million of 5% bonds due Aug. 1, 2023;

• $10,035,000 of 5% bonds due Aug. 1, 2024; and

• $10.54 million of 5% bonds due Aug. 1, 2025.

Zions First National Bank is the escrow agent.

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