Charlotte, N.C., to prepay $128.25 million of 2003C governmental COPs

By Tali David

Minneapolis, April 30 - The City of Charlotte, N.C., plans to prepay $128,245,000 of its series 2003G certificates of participation (2003 Governmental Facilities Projects), according to a notice.

The following will be redeemed at par plus premium on June 1:

• $4.57 million of 5% bonds due June 1, 2014;

• $4,795,000 of 5% bonds due June 1, 2015;

• $5,035,000 of 5% bonds due June 1, 2016;

• $5.29 million of 5% bonds due June 1, 2017;

• $2,555,000 of 4.5% bonds due June 1, 2018;

• $3 million of 5% bonds due June 1, 2018;

• $5.82 million of 5.25% bonds due June 1, 2019;

• $6.12 million of 5.25% bonds due June 1, 2020;

• $6,445,000 of 5.25% bonds due June 1, 2021;

• $6,785,000 of 5.25% bonds due June 1, 2022;

• $7.14 million of 5.25% bonds due June 1, 2023;

• $7,515,000 of 5% bonds due June 1, 2024;

• $16,205,000 of 5.375% bonds due June 1, 2026;

• $17.96 million of 5% bonds due June 1, 2028; and

• $29.01 million of 5% bonds due June 1, 2033.

U.S. Bank NA is the trustee.

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