Utah Associated Municipal calls $74.02 million Payson Power bonds

By Tali David

Minneapolis, Feb. 15 - Utah Associated Municipal Power Systems called $74.02 million of its series 2003A Payson Power Project revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest on April 1:

• $4,145,000 of 5.25% bonds due April 1, 2014;

• $4,365,000 of 5.25% bonds due April 1, 2015;

• $4.59 million of 5.25% bonds due April 1, 2016;

• $4,835,000 of 5.25% bonds due April 1, 2017;

• $5,085,000 of 5% bonds due April 1, 2018;

• $5.34 million of 5% bonds due April 1, 2019;

• $5.61 million of 5% bonds due April 1, 2020;

• $5.89 million of 5% bonds due April 1, 2021;

• $6,185,000 of 5% bonds due April 1, 2022;

• $6.49 million of 5% bonds due April 1, 2023;

• $6,815,000 of 5% bonds due April 1, 2024;

• $7,155,000 of 5% bonds due April 1, 2025; and

• $7,515,000 of 5% bonds due April 1, 2026.

Zions First National Bank is the trustee.

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