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Northside ISD, Texas, defeases $88.71 million of unlimited tax bonds
By Tali David
Minneapolis, Dec. 12 - The Northside Independent School District of Texas defeased $24,015,000 of its series 2004 unlimited tax refunding bonds and $64,695,000 of series 2004 unlimited tax school building and refunding bonds, according to a Rule 15c2-12 filing with the Securities and Exchange Commission.
The unlimited tax refunding bonds are due Feb. 15, 2015 through 2023 with interest rates from 5% to 5.25%.
The unlimited tax school building bonds are due Feb. 15, 2015 through 2029 and 2035 with interest rates from 3.75% to 5%.
The bonds will be redeemed at par on Feb. 15.
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