Rockwall ISD, Texas, defeases $20.03 million unlimited tax bonds

By Tali David

Minneapolis, May 23 - Rockwall Independent School District of Texas defeased $20.03 million of its series 2007 unlimited tax school building bonds, according to a Rule 15c2-12 filed with the Securities and Exchange Commission.

The following will be redeemed at par on Feb. 15, 2024:

• $2.74 million of 4.75% bonds due Feb. 15, 2024;

• $1 million of 4.75% bonds due Feb. 15, 2025;

• $1,045,000 of 4.75% bonds due Feb. 15, 2026;

• $1,095,000 of 4.75% bonds due Feb. 15, 2027;

• $1.15 million of 4.75% bonds due Feb. 15, 2028;

• $1.2 million of 4.75% bonds due Feb. 15, 2029;

• $1,255,000 of 4.75% bonds due Feb. 15, 2030;

• $1.31 million of 4.75% bonds due Feb. 15, 2031;

• $1.37 million of 4.75% bonds due Feb. 15, 2032;

• $1,435,000 of 4.75% bonds due Feb. 15, 2033;

• $1,505,000 of 4.75% bonds due Feb. 15, 2032;

• $1.57 million of 4.75% bonds due Feb. 15, 2035;

• $1.64 million of 4.75% bonds due Feb. 15, 2036; and

• $1,715,000 of 4.75% bonds due Feb. 15, 2037.

The school district also called $4 million of its 4.818% series 2006 variable-rate bonds due Aug. 1, 2037. The bonds will be redeemed at par on June 3.

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