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Published on 10/31/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Tarrant County, Texas, defeases $37.21 million of limited tax bonds

By Tali David

Minneapolis, Oct. 31 - Tarrant County, Texas, defeased its series 2004 limited tax refunding and improvement bonds and series 2005 limited tax refunding bonds, according to a Rule 15c2-12 filed with the Securities and Exchange Commission.

The county will redeem $19,975,000 of the series 2004 bonds, which are due July 15, 2015 through 2024, on July 15, 2014.

It will then redeem $17,235,000 of the series 2005 bonds, which are due July 15, 2016 through 2025, on July 15, 2015.

The bonds will be redeemed at par plus accrued interest to the redemption dates.


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