Fort Worth, Texas, calls $40.44 million water and sewer system bonds

By Tali Rackner

Norfolk, Va., March 19 - The City of Fort Worth, Texas, called $6.38 million of its series 2003A water and sewer system revenue refunding bonds and $34,055,000 of its series 2005 water and sewer system revenue refunding and improvement bonds, according to a Rule 14c2-12 filing with the Securities and Exchange Commission.

The 2003A bonds have an interest rate of 5.25% and are due on Feb. 15, 2015.

The following 2005 bonds will be redeemed:

• $10.14 million of 5% bonds due Feb. 15, 2015;

• $12.3 million of 5% bonds due Feb. 15, 2016;

• $6.4 million of 5% bonds due Feb. 15, 2017;

• $1,645,000 of 5% bonds due Feb. 15, 2018;

• $1,735,000 of 5% bonds due Feb. 15, 2019; and

• $1,835,000 of 5% bonds due Feb. 15, 2020.

The bonds will be redeemed at par on April 8.

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