Special School District No. 1, Minn., calls $60.52 million G.O.s, COPs

By Tali David

Minneapolis, Dec. 5 - The Special School District No. 1 of Minneapolis called $14.31 million of series 2005A general obligation refunding bonds and $46.21 million of series 2005A refunding full-term certificates of participation, according to two notices.

The following G.O. bonds will be redeemed at par plus accrued interest on Feb. 1:

• $6,965,000 of 5% bonds due Feb. 1, 2015;

• $3,575,000 of 5% bonds due Feb. 1, 2016; and

• $3.77 million of 5% bonds due Feb. 1, 2017.

The following COPs will be redeemed at par plus accrued interest on Feb. 1:

• $7.42 million of 4.5% bonds due Feb. 1, 2015;

• $7,68 million of 4.5% bonds due Feb. 1, 2016;

• $8,075,000 of 4.5% bonds due Feb. 1, 2017;

• $8.37 million of 4.5% bonds due Feb. 1, 2018;

• $8,855,000 of 4.5% bonds due Feb. 1, 2019;

• $2,845,000 of 4.5% bonds due Feb. 1, 2020; and

• $2,965,000 of 4.5% bonds due Feb. 1, 2021.

The Bank of New York Mellon is the trustee agent.

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