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Published on 8/1/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Port St. Lucie, Fla., calls 2003 utility system revenue bonds in full

By Tali David

Minneapolis, Aug. 1 - The City of Port St. Lucie, Fla., called its series 2003 utility system revenue bonds in full, according to two notices.

The following will be redeemed at par plus accrued interest on Sept. 1, except where listed:

• $830,000 of 3.6% bonds due Sept. 1, 2014;

• $870,000 of 3.6% bonds due Sept. 1, 2014;

• $860,000 of 3.8% bonds due Sept. 1, 2015;

• $900,000 of 3.8% bonds due Sept. 1, 2015;

• $895,000 of 5% bonds due Sept. 1, 2016;

• $935,000 of 5% bonds due Sept. 1, 2016;

• $1.92 million of 5% bonds due Sept. 1, 2017;

• $2,015,000 of 5% bonds due Sept. 1, 2018;

• $2,115,000 of 5% bonds due Sept. 1, 2019;

• $2.22 million of 5% bonds due Sept. 1, 2020;

• $2.33 million of 5% bonds due Sept. 1, 2021;

• $2.45 million of 5% bonds due Sept. 1, 2022;

• $2,575,000 of 5% bonds due Sept. 1, 2023;

• $14.77 million of 4.5% bonds due Sept. 1, 2028;

• $3.36 million of 4.5% bonds due Sept. 1, 2031;

• $17.04 million of 0% bonds due Sept. 1, 2032, to be redeemed at 34.8214; and

• $17.04 million of 0% bonds due Sept. 1, 2033, to be redeemed at 32.9402.

U.S. Bank Trust NA is the trustee or agent.


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